Capital Southwest Co. (NASDAQ:CSWC) Director Acquires $10,134.00 in Stock

Capital Southwest Co. (NASDAQ:CSWC) Director Ramona Lynn Rogers-Windsor acquired 450 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were bought at an average cost of $22.52 per share, with a total value of $10,134.00. Following the completion of the acquisition, the director now owns 17,238 shares in the company, valued at approximately $388,199.76. This represents a 2.68 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Capital Southwest Trading Down 1.3 %

Shares of CSWC stock opened at $22.37 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.87 and a beta of 1.21. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23. The stock’s 50-day moving average price is $22.70 and its 200-day moving average price is $23.27.

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, topping analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. Equities research analysts predict that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 10.37%. The ex-dividend date of this dividend is Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Capital Southwest from a “hold” rating to a “sell” rating in a research note on Monday, March 24th.

Hedge Funds Weigh In On Capital Southwest

Institutional investors and hedge funds have recently made changes to their positions in the business. Van ECK Associates Corp raised its position in shares of Capital Southwest by 3.3% during the 4th quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock valued at $25,970,000 after buying an additional 38,051 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in Capital Southwest during the fourth quarter worth approximately $21,846,000. Sanders Morris Harris LLC raised its position in Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock valued at $17,579,000 after purchasing an additional 178,420 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Capital Southwest by 17.3% in the 4th quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager’s stock valued at $16,902,000 after purchasing an additional 114,000 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in shares of Capital Southwest by 42.2% in the 4th quarter. Two Sigma Investments LP now owns 673,778 shares of the asset manager’s stock worth $14,702,000 after purchasing an additional 200,060 shares during the period. 23.42% of the stock is owned by hedge funds and other 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, industry consolidation, recapitalizations and growth capital investments.