Nisa Investment Advisors LLC Boosts Stock Holdings in Capital Southwest Corporation $CSWC

Nisa Investment Advisors LLC raised its position in Capital Southwest Corporation (NASDAQ:CSWC) by 600.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,500 shares of the asset manager’s stock after purchasing an additional 3,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Capital Southwest were worth $77,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fortitude Family Office LLC purchased a new stake in shares of Capital Southwest during the second quarter valued at approximately $31,000. Signaturefd LLC boosted its holdings in shares of Capital Southwest by 52.0% in the 2nd quarter. Signaturefd LLC now owns 2,483 shares of the asset manager’s stock valued at $55,000 after buying an additional 849 shares during the period. CWM LLC lifted its holdings in shares of Capital Southwest by 26.6% in the 2nd quarter. CWM LLC now owns 2,930 shares of the asset manager’s stock worth $65,000 after purchasing an additional 615 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Capital Southwest by 786.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,698 shares of the asset manager’s stock valued at $82,000 after purchasing an additional 3,281 shares during the period. Finally, Atria Wealth Solutions Inc. bought a new stake in Capital Southwest during the 2nd quarter valued at $215,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Price Performance

Shares of CSWC stock opened at $20.57 on Thursday. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 12.47 and a beta of 0.94. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.19 and a quick ratio of 0.19. The stock’s fifty day simple moving average is $21.62 and its 200 day simple moving average is $21.67. Capital Southwest Corporation has a one year low of $17.46 and a one year high of $23.86.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, November 3rd. The asset manager reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The firm had revenue of $56.95 million during the quarter, compared to analyst estimates of $55.37 million. Capital Southwest had a net margin of 39.95% and a return on equity of 14.17%. During the same quarter last year, the firm earned $0.66 earnings per share. On average, analysts expect that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, December 15th. Capital Southwest’s dividend payout ratio is presently 144.10%.

Analysts Set New Price Targets

A number of research analysts recently commented on CSWC shares. Noble Financial upgraded shares of Capital Southwest to a “buy” rating in a research note on Wednesday. Capital One Financial set a $22.00 price target on Capital Southwest in a report on Tuesday. Zacks Research cut shares of Capital Southwest from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. UBS Group reduced their target price on shares of Capital Southwest from $23.00 to $21.50 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. Finally, B. Riley raised their price objective on Capital Southwest from $23.50 to $24.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $23.64.

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.