GSA Capital Partners LLP Makes New Investment in Capital Southwest Corporation $CSWC

GSA Capital Partners LLP bought a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,812 shares of the asset manager’s stock, valued at approximately $518,000.

A number of other large investors have also made changes to their positions in the stock. Triumph Capital Management acquired a new position in Capital Southwest during the third quarter worth $28,000. Allied Private Wealth LLC acquired a new stake in shares of Capital Southwest in the 2nd quarter worth $37,000. Tower Research Capital LLC TRC raised its holdings in shares of Capital Southwest by 13,307.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after acquiring an additional 1,863 shares during the period. Osbon Capital Management LLC acquired a new position in shares of Capital Southwest during the 4th quarter valued at about $55,000. Finally, CENTRAL TRUST Co acquired a new position in shares of Capital Southwest during the 1st quarter valued at about $60,000. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CSWC shares. Weiss Ratings restated a “buy (b-)” rating on shares of Capital Southwest in a research report on Thursday, June 18th. B. Riley Financial boosted their target price on shares of Capital Southwest from $24.50 to $25.50 and gave the company a “buy” rating in a report on Wednesday, August 5th. Citizens Jmp increased their price target on shares of Capital Southwest from $25.00 to $26.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 5th. Finally, Citigroup restated a “market outperform” rating on shares of Capital Southwest in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.60.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $24.96 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market cap of $1.59 billion, a P/E ratio of 13.79 and a beta of 0.69. The stock has a 50-day moving average of $23.93 and a two-hundred day moving average of $23.29. Capital Southwest Corporation has a 1-year low of $19.37 and a 1-year high of $25.37.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, August 3rd. The asset manager reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. Capital Southwest had a net margin of 46.68% and a return on equity of 13.88%. The business had revenue of $61.05 million for the quarter, compared to analysts’ expectations of $61.22 million. During the same quarter in the prior year, the company earned $0.61 earnings per share. As a group, analysts anticipate that Capital Southwest Corporation will post 2.27 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.1934 per share. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Capital Southwest’s dividend payout ratio is presently 128.18%.

Capital Southwest 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.