Capital Southwest (NASDAQ:CSWC) Upgraded at StockNews.com

StockNews.com upgraded shares of Capital Southwest (NASDAQ:CSWC) from a sell rating to a hold rating in a research note released on Saturday.

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

Capital Southwest Stock Performance

NASDAQ CSWC opened at $23.46 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 16.64 and a beta of 1.24. The firm’s 50 day simple moving average is $22.21 and its 200 day simple moving average is $23.64. Capital Southwest has a 1 year low of $20.68 and a 1 year high of $27.23.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. As a group, research analysts expect that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 annualized dividend and a yield of 9.89%. Capital Southwest’s dividend payout ratio is currently 164.54%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Promus Capital LLC bought a new stake in shares of Capital Southwest during the 4th quarter valued at about $30,000. Quarry LP bought a new stake in shares of Capital Southwest during the 3rd quarter valued at about $35,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock valued at $48,000 after acquiring an additional 1,571 shares during the last quarter. Capital Analysts LLC boosted its position in shares of Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock valued at $56,000 after acquiring an additional 669 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Capital Southwest during the 4th quarter valued at about $59,000. Institutional investors own 23.42% of the company’s stock.

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, industry consolidation, recapitalizations and growth capital investments.