Capital Southwest Corporation (NASDAQ:CSWC) Given Consensus Rating of “Moderate Buy” by Analysts

Capital Southwest Corporation (NASDAQ:CSWC) has received an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $23.20.

Several equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Capital Southwest in a report on Thursday, June 18th. B. Riley Financial lifted their price target on Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a report on Friday, May 15th.

Capital Southwest Stock Performance

NASDAQ:CSWC opened at $23.59 on Wednesday. Capital Southwest has a 52 week low of $19.37 and a 52 week high of $24.43. The firm has a 50-day moving average price of $23.49 and a two-hundred day moving average price of $23.14. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 12.42 and a beta of 0.69.

Capital Southwest Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.8%. Capital Southwest’s dividend payout ratio (DPR) is currently 122.11%.

Institutional Investors Weigh In On Capital Southwest

Hedge funds have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. increased its holdings in Capital Southwest by 29.4% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 284,778 shares of the asset manager’s stock worth $6,308,000 after buying an additional 64,706 shares during the last quarter. Sound Income Strategies LLC boosted its stake in Capital Southwest by 17.1% in the fourth quarter. Sound Income Strategies LLC now owns 885,967 shares of the asset manager’s stock valued at $20,980,000 after acquiring an additional 129,181 shares during the last quarter. Muzinich & Co. Inc. boosted its stake in Capital Southwest by 55.6% in the fourth quarter. Muzinich & Co. Inc. now owns 425,322 shares of the asset manager’s stock valued at $9,421,000 after acquiring an additional 152,057 shares during the last quarter. GraniteShares Advisors LLC bought a new position in shares of Capital Southwest during the 4th quarter valued at approximately $2,713,000. Finally, Empowered Funds LLC bought a new position in shares of Capital Southwest during the 1st quarter valued at approximately $13,694,000. 23.42% of the stock is currently owned by institutional investors.

About Capital Southwest

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.