Jefferies Financial Group assumed coverage on shares of Capital Southwest (NASDAQ:CSWC) in a research report sent to investors on Thursday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $24.00 target price on the asset manager’s stock.
Several other equities analysts also recently issued reports on the company. ValuEngine downgraded Capital Southwest from a hold rating to a sell rating in a research report on Saturday, September 14th. Zacks Investment Research raised Capital Southwest from a hold rating to a buy rating and set a $24.00 target price on the stock in a research report on Tuesday, October 1st. BidaskClub raised Capital Southwest from a hold rating to a buy rating in a research report on Thursday. B. Riley set a $23.00 target price on Capital Southwest and gave the company a hold rating in a research report on Monday, September 30th. Finally, National Securities assumed coverage on Capital Southwest in a research report on Monday, September 23rd. They issued a buy rating and a $23.00 target price on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $23.40.
Shares of NASDAQ CSWC traded up $0.18 during mid-day trading on Thursday, hitting $21.92. The stock had a trading volume of 39,524 shares, compared to its average volume of 75,569. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.32 and a current ratio of 0.32. The company has a 50 day moving average of $21.72 and a two-hundred day moving average of $21.61. Capital Southwest has a twelve month low of $17.22 and a twelve month high of $24.17. The firm has a market cap of $387.92 million, a PE ratio of 15.44 and a beta of 0.19.
Capital Southwest (NASDAQ:CSWC) last released its earnings results on Monday, August 5th. The asset manager reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.01. Capital Southwest had a return on equity of 8.27% and a net margin of 53.87%. The firm had revenue of $15.80 million for the quarter, compared to the consensus estimate of $14.90 million. Equities research analysts predict that Capital Southwest will post 1.72 EPS for the current fiscal year.
The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a $0.50 dividend. The ex-dividend date was Friday, September 13th. Capital Southwest’s payout ratio is 112.68%.
In other Capital Southwest news, Director David R. Brooks purchased 2,500 shares of the stock in a transaction on Friday, August 30th. The shares were bought at an average cost of $21.37 per share, with a total value of $53,425.00. Following the completion of the acquisition, the director now owns 24,500 shares in the company, valued at $523,565. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 6.80% of the stock is currently owned by corporate insiders.
Large investors have recently bought and sold shares of the business. Advantage Investment Management LLC purchased a new stake in Capital Southwest in the second quarter valued at $25,000. Valeo Financial Advisors LLC purchased a new stake in Capital Southwest in the second quarter valued at $34,000. Centaurus Financial Inc. boosted its holdings in Capital Southwest by 4,647.2% in the second quarter. Centaurus Financial Inc. now owns 8,545 shares of the asset manager’s stock valued at $179,000 after purchasing an additional 8,365 shares during the last quarter. Aperio Group LLC purchased a new stake in Capital Southwest in the second quarter valued at $208,000. Finally, Colony Group LLC purchased a new stake in Capital Southwest in the second quarter valued at $236,000. 48.44% of the stock is currently owned by institutional investors.
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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