Precision Wealth Strategies LLC Buys Shares of 8,615 Capital Southwest Co. (NASDAQ:CSWC)

Precision Wealth Strategies LLC bought a new stake in Capital Southwest Co. (NASDAQ:CSWCFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,615 shares of the asset manager’s stock, valued at approximately $204,000.

Several other institutional investors have also recently bought and sold shares of CSWC. Global Retirement Partners LLC bought a new stake in shares of Capital Southwest during the 4th quarter worth approximately $26,000. Signaturefd LLC raised its stake in shares of Capital Southwest by 121.1% during the 4th quarter. Signaturefd LLC now owns 2,563 shares of the asset manager’s stock worth $61,000 after purchasing an additional 1,404 shares in the last quarter. Morton Brown Family Wealth LLC bought a new stake in shares of Capital Southwest during the 4th quarter worth approximately $34,000. Raymond James Trust N.A. raised its stake in shares of Capital Southwest by 9.9% during the 4th quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager’s stock worth $411,000 after purchasing an additional 1,563 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its stake in shares of Capital Southwest by 5.5% during the 4th quarter. Cornerstone Wealth Management LLC now owns 33,426 shares of the asset manager’s stock worth $792,000 after purchasing an additional 1,733 shares in the last quarter. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Up 0.9 %

CSWC stock opened at $25.58 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $1.15 billion, a PE ratio of 12.48 and a beta of 1.19. Capital Southwest Co. has a 1-year low of $18.20 and a 1-year high of $27.22. The business’s 50 day simple moving average is $25.52 and its 200 day simple moving average is $24.45.

Capital Southwest Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date of this dividend is Friday, June 14th. Capital Southwest’s dividend payout ratio is 111.22%.

Analyst Upgrades and Downgrades

Separately, JMP Securities cut Capital Southwest from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 15th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $25.50.

Get Our Latest Stock Report on CSWC

About Capital Southwest

(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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