Sumitomo Mitsui Trust Group Inc. Has $4.81 Million Holdings in Capital Southwest Corporation $CSWC

Sumitomo Mitsui Trust Group Inc. raised its position in Capital Southwest Corporation (NASDAQ:CSWC) by 27.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 220,072 shares of the asset manager’s stock after purchasing an additional 47,475 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.40% of Capital Southwest worth $4,811,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Columbus Macro LLC bought a new position in Capital Southwest during the second quarter worth $6,407,000. Cetera Investment Advisers raised its position in shares of Capital Southwest by 402.8% in the 2nd quarter. Cetera Investment Advisers now owns 361,722 shares of the asset manager’s stock worth $7,972,000 after acquiring an additional 289,778 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Capital Southwest by 246.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 257,672 shares of the asset manager’s stock valued at $5,751,000 after purchasing an additional 183,313 shares during the period. HRT Financial LP lifted its stake in shares of Capital Southwest by 176.0% in the 2nd quarter. HRT Financial LP now owns 242,080 shares of the asset manager’s stock valued at $5,335,000 after purchasing an additional 154,384 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Capital Southwest during the 2nd quarter valued at about $2,031,000. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Price Performance

Shares of CSWC opened at $23.68 on Monday. Capital Southwest Corporation has a 12-month low of $17.46 and a 12-month high of $23.86. The business’s fifty day moving average is $21.84 and its 200 day moving average is $22.02. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.36 billion, a P/E ratio of 14.71 and a beta of 0.76.

Capital Southwest (NASDAQ:CSWC) last announced 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). Capital Southwest had a net margin of 39.79% and a return on equity of 13.64%. The business 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 firm posted $0.66 EPS. Sell-side analysts anticipate that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.1934 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Friday, March 13th. Capital Southwest’s dividend payout ratio is currently 144.10%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Raymond James Financial downgraded Capital Southwest from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 7th. Zacks Research upgraded shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Loop Capital reiterated a “buy” rating and set a $23.00 target price on shares of Capital Southwest in a research report on Wednesday, November 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Capital Southwest in a report on Monday, December 29th. Finally, UBS Group decreased their price target 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. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capital Southwest has a consensus rating of “Moderate Buy” and an average target price of $23.64.

Capital Southwest Profile

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.