Militia Capital Management LLC Purchases Shares of 35,000 Capital Southwest Corporation $CSWC

Militia Capital Management LLC purchased a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 35,000 shares of the asset manager’s stock, valued at approximately $774,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC increased its holdings in shares of Capital Southwest by 2.0% in the 1st quarter. Sound Income Strategies LLC now owns 903,329 shares of the asset manager’s stock valued at $19,810,000 after acquiring an additional 17,362 shares during the last quarter. UBS Group AG lifted its stake in Capital Southwest by 5.0% during the fourth quarter. UBS Group AG now owns 817,148 shares of the asset manager’s stock worth $18,100,000 after purchasing an additional 38,987 shares during the last quarter. Empowered Funds LLC acquired a new position in Capital Southwest in the first quarter valued at approximately $13,694,000. Empirical Finance LLC acquired a new position in Capital Southwest in the first quarter valued at approximately $13,689,000. Finally, Melia Wealth LLC increased its stake in Capital Southwest by 2.6% in the fourth quarter. Melia Wealth LLC now owns 502,988 shares of the asset manager’s stock valued at $11,141,000 after purchasing an additional 12,537 shares during the last quarter. 23.42% of the stock is owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $23.59 on Monday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.56. Capital Southwest Corporation has a 52-week low of $19.37 and a 52-week high of $24.43. The business’s 50-day moving average price is $23.49 and its 200 day moving average price is $23.14. The firm has a market cap of $1.47 billion, a P/E ratio of 12.42 and a beta of 0.69.

Capital Southwest Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. B. Riley Financial raised their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a report on Friday, May 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Capital Southwest in a research note on Thursday, June 18th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Capital Southwest has a consensus rating of “Moderate Buy” and a consensus target price of $23.20.

Capital Southwest Company Profile

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.