Capital Southwest (NASDAQ:CSWC) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, December 20th.
CSWC has been the topic of several other research reports. Zacks Investment Research lowered shares of Capital Southwest from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. National Securities reissued a “buy” rating and set a $22.00 price objective on shares of Capital Southwest in a research note on Thursday, November 9th. Ladenburg Thalmann Financial Services began coverage on shares of Capital Southwest in a research note on Thursday, November 30th. They set a “buy” rating and a $19.00 price objective on the stock. Finally, Robert W. Baird assumed coverage on shares of Capital Southwest in a research note on Wednesday, August 30th. They set an “outperform” rating and a $19.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $20.00.
Capital Southwest (CSWC) traded down $0.04 during trading hours on Wednesday, reaching $16.44. 12,658 shares of the company traded hands, compared to its average volume of 23,632. Capital Southwest has a 1-year low of $15.04 and a 1-year high of $17.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 10.41 and a quick ratio of 10.42. The company has a market capitalization of $264.00, a price-to-earnings ratio of 9.45 and a beta of 0.53.
In related news, VP Douglas M. Kelley acquired 1,500 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was purchased at an average cost of $17.00 per share, with a total value of $25,500.00. Following the completion of the acquisition, the vice president now directly owns 66,135 shares of the company’s stock, valued at $1,124,295. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David R. Brooks acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were bought at an average cost of $16.66 per share, with a total value of $33,320.00. Following the completion of the acquisition, the director now directly owns 22,000 shares of the company’s stock, valued at $366,520. The disclosure for this purchase can be found here. Insiders acquired 5,880 shares of company stock valued at $98,551 over the last ninety days. Corporate insiders own 5.90% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in CSWC. Advisors Asset Management Inc. purchased a new position in shares of Capital Southwest during the second quarter valued at approximately $179,000. JPMorgan Chase & Co. raised its holdings in shares of Capital Southwest by 8.3% during the second quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock valued at $253,000 after purchasing an additional 1,207 shares during the last quarter. Bard Associates Inc. purchased a new position in shares of Capital Southwest during the second quarter valued at approximately $263,000. Prudential Financial Inc. raised its holdings in shares of Capital Southwest by 10.8% during the second quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock valued at $362,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Capital Southwest by 18.0% during the second quarter. Wells Fargo & Company MN now owns 24,216 shares of the asset manager’s stock valued at $389,000 after purchasing an additional 3,696 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.
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Capital Southwest Company Profile
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
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