Capital Southwest (NASDAQ:CSWC) Cut to Sell at StockNews.com

StockNews.com cut shares of Capital Southwest (NASDAQ:CSWC) from a hold rating to a sell rating in a research report released on Monday morning.

Capital Southwest Trading Up 0.2 %

Capital Southwest stock opened at $22.53 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market cap of $1.14 billion, a PE ratio of 15.98 and a beta of 1.21. The stock has a 50-day moving average of $22.70 and a two-hundred day moving average of $23.30. Capital Southwest has a one year low of $20.68 and a one year high of $27.23.

Capital Southwest (NASDAQ:CSWC) last released its earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. On average, research analysts anticipate that Capital Southwest will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a yield of 10.30%. Capital Southwest’s dividend payout ratio (DPR) is 164.54%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Van ECK Associates Corp boosted its position in Capital Southwest by 3.3% in the fourth quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock valued at $25,970,000 after buying an additional 38,051 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Capital Southwest in the 4th quarter valued at $21,846,000. Sanders Morris Harris LLC increased its stake in shares of Capital Southwest by 28.0% in the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock worth $17,579,000 after acquiring an additional 178,420 shares during the period. Two Sigma Advisers LP raised its holdings in shares of Capital Southwest by 17.3% during the fourth quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager’s stock worth $16,902,000 after purchasing an additional 114,000 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in Capital Southwest by 42.2% during the fourth quarter. Two Sigma Investments LP now owns 673,778 shares of the asset manager’s stock valued at $14,702,000 after purchasing an additional 200,060 shares during the period. 23.42% of the stock is owned by institutional investors and hedge funds.

About Capital Southwest

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, industry consolidation, recapitalizations and growth capital investments.