Capital Southwest Co. (NASDAQ:CSWC) Short Interest Up 10.3% in April

Capital Southwest Co. (NASDAQ:CSWC) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 713,100 shares, a growth of 10.3% from the March 31st total of 646,800 shares. Based on an average trading volume of 365,500 shares, the days-to-cover ratio is presently 2.0 days.

Wall Street Analysts Forecast Growth

CSWC has been the topic of a number of research reports. Raymond James boosted their target price on shares of Capital Southwest from $24.00 to $26.50 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. B. Riley boosted their price target on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a report on Wednesday, January 31st. Finally, JMP Securities reissued a “market outperform” rating and issued a $26.00 price target on shares of Capital Southwest in a report on Tuesday, March 26th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Capital Southwest Trading Up 0.3 %

Shares of Capital Southwest stock opened at $25.96 on Tuesday. The firm has a market capitalization of $1.12 billion, a PE ratio of 11.05 and a beta of 1.21. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.14 and a quick ratio of 0.14. The company’s fifty day moving average price is $24.55 and its two-hundred day moving average price is $23.70. Capital Southwest has a 52-week low of $17.36 and a 52-week high of $26.17.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Tuesday, January 30th. The asset manager reported $0.70 earnings per share (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 firm had revenue of $48.57 million for the quarter, compared to analyst estimates of $45.12 million. During the same quarter in the previous year, the firm posted $0.62 EPS. On average, analysts expect that Capital Southwest will post 2.69 EPS for the current year.

Institutional Investors Weigh In On Capital Southwest

Several institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of Capital Southwest by 55.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 70,201 shares of the asset manager’s stock valued at $1,752,000 after purchasing an additional 24,968 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of Capital Southwest in the 1st quarter valued at $194,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Capital Southwest in the 1st quarter valued at $1,696,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Capital Southwest by 2.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 117,920 shares of the asset manager’s stock valued at $2,943,000 after purchasing an additional 2,826 shares in the last quarter. Finally, PFG Investments LLC acquired a new stake in shares of Capital Southwest in the 1st quarter valued at $202,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

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.