Mraz Amerine & Associates Inc. Sells 814 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Mraz Amerine & Associates Inc. reduced its stake in Capital Southwest Co. (NASDAQ:CSWC) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,930 shares of the asset manager’s stock after selling 814 shares during the period. Mraz Amerine & Associates Inc. owned 0.12% of Capital Southwest worth $1,183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Total Clarity Wealth Management Inc. purchased a new stake in shares of Capital Southwest during the fourth quarter valued at approximately $2,229,000. Van ECK Associates Corp grew its holdings in shares of Capital Southwest by 11.7% during the third quarter. Van ECK Associates Corp now owns 661,405 shares of the asset manager’s stock valued at $15,146,000 after buying an additional 69,265 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Capital Southwest by 68.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 103,735 shares of the asset manager’s stock valued at $2,376,000 after buying an additional 41,993 shares during the last quarter. Raymond James Trust N.A. grew its holdings in shares of Capital Southwest by 9.9% during the fourth quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager’s stock valued at $411,000 after buying an additional 1,563 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of Capital Southwest during the fourth quarter valued at approximately $26,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. JMP Securities reiterated a “market outperform” rating and set a $26.00 price target on shares of Capital Southwest in a report on Tuesday, March 26th. B. Riley increased their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Finally, Raymond James increased their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Capital Southwest Price Performance

CSWC traded up $0.37 during trading on Wednesday, hitting $24.79. 143,908 shares of the company traded hands, compared to its average volume of 379,154. The company has a market cap of $1.07 billion, a PE ratio of 10.55 and a beta of 1.21. The stock’s 50-day simple moving average is $24.22 and its two-hundred day simple moving average is $23.48. Capital Southwest Co. has a 1 year low of $17.31 and a 1 year high of $26.17. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45.

Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. The company had revenue of $48.57 million during the quarter, compared to analysts’ expectations of $45.12 million. During the same period last year, the company posted $0.62 earnings per share. As a group, sell-side analysts anticipate that Capital Southwest Co. will post 2.69 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.63 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 10.17%. Capital Southwest’s payout ratio is currently 97.02%.

Capital Southwest Company Profile

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.