Capital Southwest (NASDAQ:CSWC) Now Covered by Analysts at B. Riley

B. Riley began coverage on shares of Capital Southwest (NASDAQ:CSWCGet Rating) in a report released on Friday morning, The Fly reports. The firm issued a neutral rating and a $18.00 price target on the asset manager’s stock.

Other research analysts also recently issued reports about the company. Raymond James reduced their target price on Capital Southwest from $26.00 to $23.00 and set an outperform rating on the stock in a report on Wednesday, August 3rd. JMP Securities reduced their price objective on Capital Southwest from $27.00 to $25.00 and set a market outperform rating on the stock in a report on Wednesday, August 3rd. Finally, Hovde Group reduced their price objective on Capital Southwest to $22.00 in a report on Friday, May 20th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Capital Southwest has a consensus rating of Hold and an average price target of $22.00.

Capital Southwest Stock Down 2.0 %

Shares of CSWC opened at $17.91 on Friday. The company has a market capitalization of $493.08 million, a P/E ratio of 13.99 and a beta of 1.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.13 and a quick ratio of 0.13. Capital Southwest has a one year low of $17.60 and a one year high of $28.41. The business’s 50 day simple moving average is $19.65 and its 200-day simple moving average is $21.32.

Capital Southwest (NASDAQ:CSWCGet Rating) last announced its earnings results on Monday, August 1st. The asset manager reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $22.54 million for the quarter, compared to the consensus estimate of $22.36 million. Capital Southwest had a return on equity of 11.22% and a net margin of 35.02%. As a group, sell-side analysts predict that Capital Southwest will post 2.05 EPS for the current fiscal year.

Capital Southwest Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.50 per share. This is a boost from Capital Southwest’s previous quarterly dividend of $0.48. The ex-dividend date is Wednesday, September 14th. This represents a $2.00 annualized dividend and a dividend yield of 11.17%. Capital Southwest’s payout ratio is presently 156.25%.

Institutional Trading of Capital Southwest

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital Analysts LLC bought a new stake in shares of Capital Southwest during the 2nd quarter valued at $48,000. Washington Trust Advisors Inc. raised its position in shares of Capital Southwest by 23.9% during the 2nd quarter. Washington Trust Advisors Inc. now owns 4,174 shares of the asset manager’s stock valued at $77,000 after acquiring an additional 806 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Capital Southwest by 4,740.0% during the 1st quarter. Quantbot Technologies LP now owns 4,840 shares of the asset manager’s stock valued at $114,000 after acquiring an additional 4,740 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Capital Southwest by 10.3% in the 1st quarter. Great West Life Assurance Co. Can now owns 7,765 shares of the asset manager’s stock valued at $196,000 after buying an additional 726 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in shares of Capital Southwest by 12.1% in the 1st quarter. Guggenheim Capital LLC now owns 9,338 shares of the asset manager’s stock valued at $222,000 after buying an additional 1,010 shares in the last quarter. Institutional investors own 27.83% of the company’s stock.

Capital Southwest Company Profile

(Get Rating)

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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