Diversified Trust Co Raises Stake in CSW Industrials, Inc. (NASDAQ:CSWI)

Diversified Trust Co increased its holdings in CSW Industrials, Inc. (NASDAQ:CSWIGet Rating) by 5.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,375 shares of the basic materials company’s stock after buying an additional 225 shares during the period. Diversified Trust Co’s holdings in CSW Industrials were worth $451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CSWI. BNP Paribas Arbitrage SA lifted its holdings in CSW Industrials by 241.0% in the 4th quarter. BNP Paribas Arbitrage SA now owns 9,664 shares of the basic materials company’s stock valued at $1,168,000 after purchasing an additional 6,830 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in CSW Industrials by 18.8% in the 4th quarter. Teacher Retirement System of Texas now owns 2,847 shares of the basic materials company’s stock valued at $344,000 after purchasing an additional 451 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in CSW Industrials in the 4th quarter valued at about $984,000. JPMorgan Chase & Co. lifted its holdings in CSW Industrials by 165.4% in the 4th quarter. JPMorgan Chase & Co. now owns 70,938 shares of the basic materials company’s stock valued at $8,573,000 after purchasing an additional 44,211 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of CSW Industrials by 6.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 129,214 shares of the basic materials company’s stock valued at $15,617,000 after acquiring an additional 8,300 shares during the last quarter. 78.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSWI has been the subject of a number of research analyst reports. StockNews.com downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Friday. Barrington Research upped their price objective on shares of CSW Industrials from $153.00 to $157.00 and gave the company an “outperform” rating in a research note on Monday, August 22nd.

CSW Industrials Stock Down 2.5 %

CSWI opened at $122.62 on Friday. The firm has a 50 day moving average price of $125.60 and a 200 day moving average price of $114.68. The company has a market cap of $1.89 billion, a PE ratio of 26.03 and a beta of 0.82. CSW Industrials, Inc. has a 1 year low of $96.03 and a 1 year high of $145.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.39 and a current ratio of 2.72.

CSW Industrials (NASDAQ:CSWIGet Rating) last posted its earnings results on Friday, August 5th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.51. The firm had revenue of $199.93 million during the quarter, compared to the consensus estimate of $180.23 million. CSW Industrials had a net margin of 11.16% and a return on equity of 16.10%. Sell-side analysts expect that CSW Industrials, Inc. will post 6.19 earnings per share for the current year.

CSW Industrials Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 12th. Investors of record on Friday, July 29th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Thursday, July 28th. CSW Industrials’s dividend payout ratio (DPR) is presently 14.44%.

Insider Buying and Selling

In related news, CEO Joseph B. Armes sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $125.48, for a total transaction of $250,960.00. Following the completion of the sale, the chief executive officer now owns 56,920 shares of the company’s stock, valued at approximately $7,142,321.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CSW Industrials news, CEO Joseph B. Armes sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $125.48, for a total value of $250,960.00. Following the completion of the transaction, the chief executive officer now owns 56,920 shares in the company, valued at approximately $7,142,321.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Joseph B. Armes sold 10,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 23rd. The stock was sold at an average price of $133.07, for a total value of $1,437,156.00. Following the completion of the transaction, the chief executive officer now owns 58,920 shares of the company’s stock, valued at approximately $7,840,484.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,373 shares of company stock valued at $2,765,038. 1.40% of the stock is currently owned by corporate insiders.

CSW Industrials Profile

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CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides cements, diffusers, grilles, registers, solvents, thread sealants, traps, and vents for use in HVAC/R, plumbing, general industrial, architecturally, and specified building products.

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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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