Capital Southwest Corporation (NASDAQ:CSWC) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have earned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $23.50.

Separately, B. Riley Financial upped their price target on Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a research note on Friday, May 15th.

Institutional Investors Weigh In On Capital Southwest

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in Capital Southwest during the third quarter worth about $28,000. Tower Research Capital LLC TRC increased its stake in Capital Southwest by 13,307.1% during the second 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 last quarter. Osbon Capital Management LLC acquired a new stake in Capital Southwest during the fourth quarter worth about $55,000. CENTRAL TRUST Co purchased a new stake in shares of Capital Southwest in the first quarter worth about $60,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Capital Southwest by 197.2% in the first quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock worth $103,000 after buying an additional 3,088 shares during the period. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC opened at $23.54 on Tuesday. The firm has a market capitalization of $1.46 billion, a PE ratio of 12.39 and a beta of 0.69. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.11 and a quick ratio of 0.11. The business has a 50-day moving average of $23.41 and a two-hundred day moving average of $22.74. Capital Southwest has a 12 month low of $19.37 and a 12 month high of $24.43.

Capital Southwest Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.1934 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 9.9%. Capital Southwest’s dividend payout ratio is currently 122.11%.

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.