92,163 Shares in Capital Southwest Corporation $CSWC Acquired by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. purchased a new stake in Capital Southwest Corporation (NASDAQ:CSWC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 92,163 shares of the asset manager’s stock, valued at approximately $2,031,000. B. Riley Wealth Advisors Inc. owned 0.17% of Capital Southwest as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Fortitude Family Office LLC bought a new stake in shares of Capital Southwest in the 2nd quarter valued at $31,000. Tower Research Capital LLC TRC grew its holdings in Capital Southwest by 13,307.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after purchasing an additional 1,863 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in Capital Southwest by 58.5% in the second quarter. Nomura Asset Management Co. Ltd. now owns 2,135 shares of the asset manager’s stock valued at $47,000 after purchasing an additional 788 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Capital Southwest by 52.0% during the second quarter. Signaturefd LLC now owns 2,483 shares of the asset manager’s stock valued at $55,000 after purchasing an additional 849 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in shares of Capital Southwest by 1,214.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,628 shares of the asset manager’s stock worth $58,000 after purchasing an additional 2,428 shares in the last quarter. 23.42% of the stock is currently owned by institutional investors.

Capital Southwest Stock Up 0.1%

Shares of NASDAQ:CSWC opened at $22.27 on Monday. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76. The business’s 50 day moving average is $20.91 and its 200 day moving average is $21.84. Capital Southwest Corporation has a 12-month low of $17.46 and a 12-month high of $23.86. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.26.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Monday, November 3rd. The asset manager reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.01). Capital Southwest had a net margin of 39.79% and a return on equity of 13.64%. The company had revenue of $56.95 million for the quarter, compared to the consensus estimate of $55.37 million. During the same quarter last year, the business posted $0.66 earnings per share. On average, sell-side analysts forecast that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.1934 dividend. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Friday, March 13th. Capital Southwest’s dividend payout ratio is presently 144.10%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Capital Southwest in a research report on Monday, December 8th. Capital One Financial set a $22.00 price objective on Capital Southwest in a report on Tuesday, November 4th. Zacks Research cut Capital Southwest from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Loop Capital restated a “buy” rating and set a $23.00 price target on shares of Capital Southwest in a research note on Wednesday, November 5th. Finally, Noble Financial upgraded shares of Capital Southwest to a “buy” rating in a report on Wednesday, November 5th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.64.

About Capital Southwest

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.