Atria Wealth Solutions Inc. Sells 1,434 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Atria Wealth Solutions Inc. decreased its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 9.5% during the fourth quarter, HoldingsChannel reports. The fund owned 13,670 shares of the asset manager’s stock after selling 1,434 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Capital Southwest were worth $324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Total Clarity Wealth Management Inc. purchased a new position in Capital Southwest during the fourth quarter valued at approximately $2,229,000. Van ECK Associates Corp increased its holdings in shares of Capital Southwest by 11.7% in the third quarter. Van ECK Associates Corp now owns 661,405 shares of the asset manager’s stock worth $15,146,000 after purchasing an additional 69,265 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of Capital Southwest by 68.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 103,735 shares of the asset manager’s stock worth $2,376,000 after buying an additional 41,993 shares in the last quarter. Raymond James Trust N.A. grew its position in Capital Southwest by 9.9% during the fourth quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager’s stock worth $411,000 after buying an additional 1,563 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of Capital Southwest in the 4th quarter valued at about $26,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Trading Up 0.2 %

NASDAQ:CSWC opened at $26.57 on Wednesday. The firm has a market capitalization of $1.14 billion, a P/E ratio of 11.31 and a beta of 1.19. Capital Southwest Co. has a 52 week low of $17.60 and a 52 week high of $26.79. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.45. The company has a fifty day moving average of $24.83 and a 200 day moving average of $23.89.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. B. Riley raised their target price on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, January 31st. Raymond James upped their price target 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. Finally, JMP Securities reissued a “market outperform” rating and issued a $26.00 target price on shares of Capital Southwest in a research note on Tuesday, March 26th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $25.50.

Capital Southwest 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.