Capital Southwest (NASDAQ:CSWC) Raised to Hold at BidaskClub

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BidaskClub upgraded shares of Capital Southwest (NASDAQ:CSWC) from a sell rating to a hold rating in a research report sent to investors on Saturday, BidAskClub reports.

Several other research firms have also recently weighed in on CSWC. National Securities assumed coverage on shares of Capital Southwest in a research note on Monday, September 23rd. They set a buy rating and a $23.00 target price for the company. ValuEngine lowered Capital Southwest from a hold rating to a sell rating in a research report on Saturday, September 14th. Zacks Investment Research cut Capital Southwest from a buy rating to a hold rating in a report on Thursday, November 7th. B. Riley reiterated a hold rating and issued a $23.00 target price on shares of Capital Southwest in a research report on Tuesday, November 26th. Finally, Jefferies Financial Group assumed coverage on Capital Southwest in a research note on Thursday, October 10th. They set a buy rating and a $24.00 price target for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Capital Southwest presently has an average rating of Hold and a consensus price target of $23.40.

NASDAQ CSWC opened at $22.00 on Friday. Capital Southwest has a 12 month low of $17.22 and a 12 month high of $22.90. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.33. The stock has a market cap of $394.28 million, a PE ratio of 15.49 and a beta of 0.18. The stock’s 50 day moving average is $21.71 and its 200 day moving average is $21.65.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Tuesday, November 5th. The asset manager reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.05). Capital Southwest had a net margin of 44.96% and a return on equity of 8.53%. The company had revenue of $15.22 million for the quarter, compared to the consensus estimate of $15.28 million. On average, analysts forecast that Capital Southwest will post 1.68 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in CSWC. Wells Fargo & Company MN lifted its position in Capital Southwest by 2.5% during the second quarter. Wells Fargo & Company MN now owns 40,737 shares of the asset manager’s stock valued at $854,000 after purchasing an additional 1,009 shares during the last quarter. Confluence Investment Management LLC increased its holdings in shares of Capital Southwest by 1.0% in the 3rd quarter. Confluence Investment Management LLC now owns 116,836 shares of the asset manager’s stock worth $2,547,000 after buying an additional 1,121 shares during the last quarter. Advantage Investment Management LLC purchased a new stake in shares of Capital Southwest during the 2nd quarter valued at about $25,000. Tower Research Capital LLC TRC raised its position in shares of Capital Southwest by 521.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,988 shares of the asset manager’s stock valued at $43,000 after buying an additional 1,668 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in shares of Capital Southwest by 31.8% in the 3rd quarter. Squarepoint Ops LLC now owns 23,588 shares of the asset manager’s stock valued at $514,000 after acquiring an additional 5,687 shares during the last quarter. 45.16% 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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