BidaskClub upgraded shares of Capital Southwest (NASDAQ:CSWC) from a buy rating to a strong-buy rating in a report published on Wednesday.
Separately, National Securities reiterated a buy rating and issued a $22.00 price target on shares of Capital Southwest in a report on Wednesday, February 7th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Capital Southwest currently has a consensus rating of Buy and an average target price of $20.00.
Shares of CSWC opened at $16.81 on Wednesday. The firm has a market capitalization of $280.20, a price-to-earnings ratio of 27.56 and a beta of 0.30. Capital Southwest has a fifty-two week low of $14.85 and a fifty-two week high of $18.00. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.12.
The firm also recently announced a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Thursday, March 15th were issued a dividend of $0.28 per share. This is a positive change from Capital Southwest’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $1.12 annualized dividend and a dividend yield of 6.66%. Capital Southwest’s payout ratio is presently 183.61%.
In other Capital Southwest news, Director Thomas Duane Morgan bought 3,050 shares of Capital Southwest stock in a transaction that occurred on Thursday, February 8th. The shares were acquired at an average price of $16.39 per share, for a total transaction of $49,989.50. Following the acquisition, the director now owns 4,395 shares of the company’s stock, valued at approximately $72,034.05. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director John H. Wilson bought 3,000 shares of Capital Southwest stock in a transaction that occurred on Friday, March 23rd. The shares were acquired at an average price of $17.10 per share, for a total transaction of $51,300.00. Following the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $342,000. The disclosure for this purchase can be found here. Insiders have purchased a total of 6,750 shares of company stock worth $112,658 in the last 90 days. Company insiders own 5.90% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Walter & Keenan Financial Consulting Co. MI ADV acquired a new position in shares of Capital Southwest during the 4th quarter valued at $149,000. Kennedy Capital Management Inc. lifted its holdings in shares of Capital Southwest by 19.8% during the 4th quarter. Kennedy Capital Management Inc. now owns 440,646 shares of the asset manager’s stock valued at $7,293,000 after acquiring an additional 72,761 shares in the last quarter. River Road Asset Management LLC lifted its holdings in shares of Capital Southwest by 3.1% during the 4th quarter. River Road Asset Management LLC now owns 867,460 shares of the asset manager’s stock valued at $14,356,000 after acquiring an additional 26,330 shares in the last quarter. Ariel Investments LLC lifted its holdings in shares of Capital Southwest by 4.7% during the 4th quarter. Ariel Investments LLC now owns 1,008,803 shares of the asset manager’s stock valued at $16,696,000 after acquiring an additional 45,077 shares in the last quarter. Finally, Zuckerman Investment Group LLC lifted its holdings in shares of Capital Southwest by 1.8% during the 4th quarter. Zuckerman Investment Group LLC now owns 1,380,941 shares of the asset manager’s stock valued at $22,855,000 after acquiring an additional 24,246 shares in the last quarter. Institutional investors and hedge funds own 56.64% of the company’s stock.
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Capital Southwest Company Profile
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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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