Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Invesco Ltd.

Invesco Ltd. trimmed its position in shares of Capital Southwest Co. (NASDAQ:CSWC) by 92.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,493 shares of the asset manager’s stock after selling 367,856 shares during the quarter. Invesco Ltd. owned approximately 0.06% of Capital Southwest worth $687,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of Capital Southwest by 1.7% during the third quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock worth $1,924,000 after buying an additional 1,263 shares in the last quarter. Franklin Resources Inc. lifted its stake in Capital Southwest by 24.6% in the 3rd quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager’s stock worth $3,893,000 after purchasing an additional 30,423 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new position in Capital Southwest in the 4th quarter worth approximately $326,000. Raymond James Financial Inc. purchased a new stake in shares of Capital Southwest in the fourth quarter valued at approximately $4,250,000. Finally, Sanders Morris Harris LLC increased its holdings in shares of Capital Southwest by 28.0% in the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock valued at $17,579,000 after purchasing an additional 178,420 shares during the last quarter. 23.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the company. StockNews.com upgraded Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, April 19th. UBS Group decreased their price target on Capital Southwest from $23.50 to $20.50 and set a “neutral” rating on the stock in a research note on Thursday, April 17th.

Capital Southwest Stock Up 1.8 %

Shares of NASDAQ:CSWC opened at $20.51 on Friday. The firm’s 50-day moving average is $21.12 and its two-hundred day moving average is $22.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. Capital Southwest Co. has a 1 year low of $17.46 and a 1 year high of $27.23. The firm has a market capitalization of $1.04 billion, a PE ratio of 14.55 and a beta of 0.99.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. Analysts predict that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $0.58 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.31%. Capital Southwest’s payout ratio is currently 164.54%.

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, industry consolidation, recapitalizations and growth capital investments.