Shares of Capital Southwest Co. (NASDAQ:CSWC) have been assigned a consensus rating of “Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $20.00.
A number of brokerages recently weighed in on CSWC. BidaskClub upgraded shares of Capital Southwest from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. National Securities reiterated a “buy” rating and issued a $22.00 price target on shares of Capital Southwest in a research report on Wednesday, February 7th.
Shares of NASDAQ CSWC opened at $16.81 on Wednesday. The stock has a market capitalization of $280.20, a PE ratio of 27.56 and a beta of 0.30. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.46 and a current ratio of 0.46. Capital Southwest has a 1 year low of $14.85 and a 1 year high of $18.00.
Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Monday, February 5th. The asset manager reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.03. The company had revenue of $9.02 million for the quarter, compared to analyst estimates of $8.90 million. Capital Southwest had a net margin of 91.90% and a return on equity of 5.46%. analysts expect that Capital Southwest will post 1.02 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Thursday, March 15th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.66%. This is an increase from Capital Southwest’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, March 14th. Capital Southwest’s dividend payout ratio (DPR) is currently 183.61%.
In related news, Director John H. Wilson bought 3,000 shares of the company’s stock in a transaction on Friday, March 23rd. The shares were purchased at an average cost of $17.10 per share, for a total transaction of $51,300.00. Following the acquisition, the director now owns 20,000 shares of the company’s stock, valued at approximately $342,000. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Thomas Duane Morgan bought 3,050 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were bought at an average price of $16.39 per share, for a total transaction of $49,989.50. Following the completion of the acquisition, the director now directly owns 4,395 shares in the company, valued at approximately $72,034.05. The disclosure for this purchase can be found here. Insiders purchased a total of 6,750 shares of company stock worth $112,658 over the last quarter. 5.90% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently made changes to their positions in CSWC. Zuckerman Investment Group LLC raised its holdings in Capital Southwest by 6.9% during the 3rd quarter. Zuckerman Investment Group LLC now owns 1,356,695 shares of the asset manager’s stock worth $23,240,000 after buying an additional 87,408 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV acquired a new stake in Capital Southwest during the 4th quarter worth approximately $149,000. River Road Asset Management LLC raised its holdings in Capital Southwest by 3.1% during the 4th quarter. River Road Asset Management LLC now owns 867,460 shares of the asset manager’s stock worth $14,356,000 after buying an additional 26,330 shares during the period. Kennedy Capital Management Inc. raised its holdings in Capital Southwest by 19.8% during the 4th quarter. Kennedy Capital Management Inc. now owns 440,646 shares of the asset manager’s stock worth $7,293,000 after buying an additional 72,761 shares during the period. Finally, Ariel Investments LLC raised its holdings in Capital Southwest by 4.7% during the 4th quarter. Ariel Investments LLC now owns 1,008,803 shares of the asset manager’s stock worth $16,696,000 after buying an additional 45,077 shares during the period. Hedge funds and other institutional investors own 56.64% of the company’s stock.
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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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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