Sumitomo Mitsui Trust Holdings Inc. Buys 39,219 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 120.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 71,786 shares of the asset manager’s stock after acquiring an additional 39,219 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Capital Southwest were worth $1,701,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morton Brown Family Wealth LLC purchased a new position in Capital Southwest in the fourth quarter valued at approximately $34,000. Total Clarity Wealth Management Inc. purchased a new position in shares of Capital Southwest during the 4th quarter valued at $2,229,000. Global Retirement Partners LLC bought a new position in shares of Capital Southwest during the 4th quarter worth $26,000. Tectonic Advisors LLC increased its holdings in Capital Southwest by 5.4% in the 4th quarter. Tectonic Advisors LLC now owns 241,935 shares of the asset manager’s stock worth $5,734,000 after acquiring an additional 12,497 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in Capital Southwest by 11.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 115,094 shares of the asset manager’s stock worth $2,728,000 after acquiring an additional 11,359 shares during the last quarter. 23.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on CSWC. JMP Securities reiterated a “market outperform” rating and set a $26.00 target price on shares of Capital Southwest in a research report on Tuesday, March 26th. B. Riley raised their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Finally, Raymond James lifted their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Capital Southwest currently has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Capital Southwest Stock Up 0.4 %

CSWC stock opened at $25.80 on Thursday. The stock has a 50-day simple moving average of $24.42 and a two-hundred day simple moving average of $23.61. Capital Southwest Co. has a twelve month low of $17.31 and a twelve month high of $26.17. The firm has a market capitalization of $1.11 billion, a PE ratio of 10.98 and a beta of 1.21. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.45.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Tuesday, January 30th. The asset manager reported $0.70 EPS for the quarter, beating the consensus estimate of $0.66 by $0.04. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. The company had revenue of $48.57 million during the quarter, compared to analysts’ expectations of $45.12 million. During the same quarter in the previous year, the company earned $0.62 earnings per share. On average, equities analysts predict that Capital Southwest Co. will post 2.69 EPS for the current fiscal year.

Capital Southwest Company Profile

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.