Capital Southwest Corporation $CSWC Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC decreased its position in Capital Southwest Corporation (NASDAQ:CSWC) by 46.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,244 shares of the asset manager’s stock after selling 8,135 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Southwest were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC acquired a new position in shares of Capital Southwest during the 2nd quarter valued at about $31,000. Signaturefd LLC increased its stake in shares of Capital Southwest by 52.0% during the 2nd quarter. Signaturefd LLC now owns 2,483 shares of the asset manager’s stock valued at $55,000 after acquiring an additional 849 shares during the last quarter. CWM LLC increased its stake in shares of Capital Southwest by 26.6% during the 2nd quarter. CWM LLC now owns 2,930 shares of the asset manager’s stock valued at $65,000 after acquiring an additional 615 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Capital Southwest by 786.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,698 shares of the asset manager’s stock valued at $82,000 after acquiring an additional 3,281 shares during the last quarter. Finally, PFG Investments LLC acquired a new position in shares of Capital Southwest during the 1st quarter valued at about $207,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CSWC. B. Riley upped their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Zacks Research downgraded shares of Capital Southwest from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. JMP Securities raised shares of Capital Southwest from a “market perform” rating to a “market outperform” rating and set a $25.00 target price for the company in a research report on Tuesday, June 24th. Citigroup raised shares of Capital Southwest to an “outperform” rating in a research report on Tuesday, June 24th. Finally, Citizens Jmp raised shares of Capital Southwest from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a research report on Tuesday, June 24th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Capital Southwest has an average rating of “Moderate Buy” and an average target price of $24.10.

Capital Southwest Stock Up 1.7%

CSWC opened at $20.73 on Wednesday. The firm has a 50 day moving average price of $22.09 and a 200 day moving average price of $21.55. The company has a market cap of $1.15 billion, a PE ratio of 12.56 and a beta of 0.95. Capital Southwest Corporation has a 1 year low of $17.46 and a 1 year high of $25.86. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.19 and a current ratio of 0.19.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Wednesday, August 6th. The asset manager reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. The firm had revenue of $55.95 million during the quarter, compared to analysts’ expectations of $54.36 million. Capital Southwest had a return on equity of 14.17% and a net margin of 39.95%.During the same quarter in the prior year, the business earned $0.69 EPS. Sell-side analysts expect that Capital Southwest Corporation will post 2.54 earnings per share for the current year.

Capital Southwest Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, December 15th. Capital Southwest’s dividend payout ratio is currently 140.61%.

Capital Southwest 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, industry consolidation, recapitalizations and growth capital investments.