Foundations Investment Advisors LLC Purchases 5,437 Shares of Capital Southwest Corporation (NASDAQ:CSWC)

Foundations Investment Advisors LLC raised its position in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 5.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 106,671 shares of the asset manager’s stock after purchasing an additional 5,437 shares during the quarter. Foundations Investment Advisors LLC owned 0.21% of Capital Southwest worth $2,381,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ameriflex Group Inc. bought a new position in shares of Capital Southwest during the 4th quarter valued at approximately $33,000. Quarry LP grew its stake in shares of Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager’s stock valued at $46,000 after acquiring an additional 732 shares during the period. Nomura Asset Management Co. Ltd. grew its stake in shares of Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock valued at $48,000 after acquiring an additional 1,571 shares during the period. Garde Capital Inc. bought a new position in shares of Capital Southwest during the 1st quarter valued at approximately $54,000. Finally, Capital Analysts LLC grew its stake in shares of Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock valued at $56,000 after acquiring an additional 669 shares during the period. 23.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CSWC shares. Citigroup raised Capital Southwest to an “outperform” rating in a report on Tuesday, June 24th. UBS Group boosted their price target on Capital Southwest from $21.00 to $22.50 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Wall Street Zen raised Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, April 19th. JMP Securities raised Capital Southwest from a “market perform” rating to a “market outperform” rating and set a $25.00 price target on the stock in a report on Tuesday, June 24th. Finally, Raymond James Financial lowered their price target on Capital Southwest from $24.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $23.01 on Wednesday. The company has a market cap of $1.24 billion, a P/E ratio of 15.55 and a beta of 0.95. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.18 and a current ratio of 0.18. The business’s 50 day moving average price is $21.86 and its 200-day moving average price is $21.71. Capital Southwest Corporation has a fifty-two week low of $17.46 and a fifty-two week high of $26.00.

Capital Southwest (NASDAQ:CSWC) last released its earnings results on Wednesday, May 14th. The asset manager reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.08). The company had revenue of $52.34 million for the quarter, compared to the consensus estimate of $52.83 million. Capital Southwest had a net margin of 34.51% and a return on equity of 14.40%. During the same period in the prior year, the firm posted $0.68 EPS. Sell-side analysts predict that Capital Southwest Corporation will post 2.54 earnings per share for the current year.

Capital Southwest Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a $0.1934 dividend. This represents a $2.32 annualized dividend and a yield of 10.09%. The ex-dividend date of this dividend is Monday, September 15th. Capital Southwest’s dividend payout ratio (DPR) is presently 156.76%.

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, industry consolidation, recapitalizations and growth capital investments.