Capital Southwest Corporation $CSWC Shares Acquired by Columbus Macro LLC

Columbus Macro LLC lifted its holdings in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 345,520 shares of the asset manager’s stock after purchasing an additional 26,633 shares during the period. Columbus Macro LLC owned about 0.60% of Capital Southwest worth $7,653,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in Capital Southwest during the 3rd quarter valued at $28,000. Tower Research Capital LLC TRC lifted its position in shares of 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 valued at $41,000 after acquiring an additional 1,863 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Capital Southwest in the third quarter valued at $48,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Capital Southwest during the second quarter valued at $70,000. Finally, Chilton Capital Management LLC acquired a new stake in shares of Capital Southwest during the third quarter valued at $77,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Analyst Ratings Changes

CSWC has been the subject of several analyst reports. Zacks Research raised shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Weiss Ratings raised shares of Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, January 28th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.42.

Capital Southwest Price Performance

Shares of NASDAQ:CSWC opened at $21.45 on Monday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 11.85 and a beta of 0.75. The stock’s 50-day moving average price is $22.62 and its two-hundred day moving average price is $21.95. Capital Southwest Corporation has a 12-month low of $17.46 and a 12-month high of $23.84.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Monday, February 2nd. The asset manager reported $0.64 EPS for the quarter, meeting analysts’ consensus estimates of $0.64. The company had revenue of $61.45 million during the quarter, compared to the consensus estimate of $57.37 million. Capital Southwest had a net margin of 45.46% and a return on equity of 13.76%. During the same quarter in the prior year, the company posted $0.63 EPS. On average, research analysts forecast that Capital Southwest Corporation will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.1934 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 10.8%. Capital Southwest’s dividend payout ratio is 128.18%.

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.