Mutual Advisors LLC Takes Position in Capital Southwest Co. (NASDAQ:CSWC)

Mutual Advisors LLC purchased a new position in Capital Southwest Co. (NASDAQ:CSWCFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,471 shares of the asset manager’s stock, valued at approximately $201,000.

Several other hedge funds have also recently made changes to their positions in CSWC. Millennium Management LLC boosted its holdings in Capital Southwest by 23.3% in the fourth quarter. Millennium Management LLC now owns 875,326 shares of the asset manager’s stock worth $14,968,000 after purchasing an additional 165,544 shares during the last quarter. Punch & Associates Investment Management Inc. grew its holdings in shares of Capital Southwest by 13.8% in the first quarter. Punch & Associates Investment Management Inc. now owns 851,447 shares of the asset manager’s stock worth $15,139,000 after acquiring an additional 103,390 shares during the period. Melia Wealth LLC purchased a new stake in Capital Southwest during the fourth quarter valued at $16,171,000. Van ECK Associates Corp lifted its holdings in Capital Southwest by 11.7% in the third quarter. Van ECK Associates Corp now owns 661,405 shares of the asset manager’s stock valued at $15,146,000 after acquiring an additional 69,265 shares during the period. Finally, Zuckerman Investment Group LLC boosted its position in Capital Southwest by 1.6% in the fourth quarter. Zuckerman Investment Group LLC now owns 632,520 shares of the asset manager’s stock worth $10,816,000 after purchasing an additional 10,251 shares during the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.

Capital Southwest Trading Up 1.1 %

Shares of NASDAQ:CSWC opened at $24.96 on Friday. The stock has a 50 day moving average of $24.23 and a 200 day moving average of $23.28. The company has a market cap of $1.07 billion, a PE ratio of 10.62 and a beta of 1.21. Capital Southwest Co. has a 12-month low of $17.22 and a 12-month high of $26.17. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45.

Capital Southwest (NASDAQ:CSWCGet Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. The business had revenue of $48.57 million for the quarter, compared to the consensus estimate of $45.12 million. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. During the same quarter in the previous year, the firm earned $0.62 earnings per share. As a group, equities research analysts expect that Capital Southwest Co. will post 2.69 EPS for the current year.

Capital Southwest Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 10.10%. The ex-dividend date of this dividend was Thursday, March 14th. Capital Southwest’s dividend payout ratio is currently 97.02%.

Analysts Set New Price Targets

CSWC has been the subject of several research reports. B. Riley upped their price target on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. JMP Securities reiterated a “market outperform” rating and issued a $26.00 price target on shares of Capital Southwest in a research report on Tuesday, March 26th. Finally, Raymond James boosted their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $23.88.

Get Our Latest Stock Analysis on CSWC

Capital Southwest Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Capital Southwest (NASDAQ:CSWC)

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