Hodges Capital Management Inc. Has $2 Million Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Hodges Capital Management Inc. increased its position in Capital Southwest Co. (NASDAQ:CSWC) by 17.2% in the fourth quarter, HoldingsChannel reports. The firm owned 91,753 shares of the asset manager’s stock after acquiring an additional 13,448 shares during the period. Hodges Capital Management Inc.’s holdings in Capital Southwest were worth $2,002,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSWC. Creative Planning boosted its holdings in shares of Capital Southwest by 4.5% during the second quarter. Creative Planning now owns 10,709 shares of the asset manager’s stock worth $279,000 after purchasing an additional 464 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Capital Southwest in the 2nd quarter worth approximately $104,000. Sound Income Strategies LLC boosted its stake in shares of Capital Southwest by 1.2% during the 3rd quarter. Sound Income Strategies LLC now owns 562,079 shares of the asset manager’s stock valued at $14,215,000 after buying an additional 6,692 shares during the period. HFG Advisors Inc. purchased a new position in shares of Capital Southwest during the 3rd quarter valued at $281,000. Finally, Good Life Advisors LLC purchased a new stake in shares of Capital Southwest during the third quarter worth $364,000. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Capital Southwest Price Performance

NASDAQ CSWC opened at $22.28 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1.06 billion, a PE ratio of 13.59 and a beta of 1.24. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23. The company has a 50 day moving average price of $22.25 and a two-hundred day moving average price of $23.86.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%. As a group, equities analysts predict that Capital Southwest Co. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, B. Riley boosted their target price on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research note on Wednesday, October 30th.

Capital Southwest 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, industry consolidation, recapitalizations and growth capital investments.