Mawer Investment Management Ltd. boosted its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 81.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 770,944 shares of the basic materials company’s stock after acquiring an additional 347,230 shares during the quarter. Mawer Investment Management Ltd. owned about 0.05% of CSW Industrials worth $86,276,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. BNP Paribas Arbitrage SA grew its stake in shares of CSW Industrials by 34.7% in the third quarter. BNP Paribas Arbitrage SA now owns 10,674 shares of the basic materials company’s stock valued at $825,000 after buying an additional 2,750 shares in the last quarter. Whittier Trust Co. acquired a new stake in shares of CSW Industrials during the third quarter worth about $2,472,000. Mountain Pacific Investment Advisers Inc. ID increased its position in shares of CSW Industrials by 0.3% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 110,182 shares of the basic materials company’s stock worth $12,330,000 after purchasing an additional 309 shares in the last quarter. CI Investments Inc. increased its position in shares of CSW Industrials by 37.0% during the fourth quarter. CI Investments Inc. now owns 367,550 shares of the basic materials company’s stock worth $41,133,000 after purchasing an additional 99,184 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its position in shares of CSW Industrials by 15.3% during the third quarter. Segall Bryant & Hamill LLC now owns 10,664 shares of the basic materials company’s stock worth $824,000 after purchasing an additional 1,416 shares in the last quarter. 74.48% of the stock is owned by institutional investors.
CSWI stock traded up $0.82 during trading on Tuesday, hitting $127.96. The company had a trading volume of 1,119 shares, compared to its average volume of 59,627. The firm has a market cap of $2.00 billion, a PE ratio of 37.95 and a beta of 0.85. CSW Industrials, Inc. has a 1-year low of $50.13 and a 1-year high of $132.18. The firm has a 50-day moving average price of $123.53 and a 200-day moving average price of $99.00. The company has a quick ratio of 2.14, a current ratio of 3.05 and a debt-to-equity ratio of 0.03.
The business also recently declared a quarterly dividend, which was paid on Friday, February 12th. Investors of record on Friday, January 29th were given a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 0.42%. The ex-dividend date was Thursday, January 28th.
In other CSW Industrials news, CEO Joseph B. Armes sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 15th. The stock was sold at an average price of $114.64, for a total transaction of $229,280.00. Following the transaction, the chief executive officer now owns 47,043 shares in the company, valued at approximately $5,393,009.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.80% of the company’s stock.
Separately, Barrington Research reiterated an “outperform” rating and set a $150.00 target price (up previously from $147.00) on shares of CSW Industrials in a research report on Monday, February 8th.
CSW Industrials Profile
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; fire and smoke protection products; architecturally-specified building products; and storage, filtration, and application equipment for use with its specialty chemicals and other products for general industrial applications.
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