Global Retirement Partners LLC Sells 10,948 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Global Retirement Partners LLC lowered its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 30.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,581 shares of the asset manager’s stock after selling 10,948 shares during the quarter. Global Retirement Partners LLC owned about 0.05% of Capital Southwest worth $558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in Capital Southwest by 4.2% in the third quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after acquiring an additional 452 shares in the last quarter. Hollencrest Capital Management boosted its holdings in Capital Southwest by 8.6% in the third quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after acquiring an additional 518 shares in the last quarter. Confluence Investment Management LLC boosted its holdings in Capital Southwest by 1.3% in the third quarter. Confluence Investment Management LLC now owns 98,463 shares of the asset manager’s stock worth $2,490,000 after acquiring an additional 1,251 shares in the last quarter. Barclays PLC boosted its holdings in Capital Southwest by 1.7% in the third quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock worth $1,924,000 after acquiring an additional 1,263 shares in the last quarter. Finally, Quarry LP acquired a new stake in Capital Southwest in the third quarter worth about $35,000. Institutional investors own 23.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CSWC shares. B. Riley raised their price target on Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. StockNews.com raised Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, February 15th.

Capital Southwest Trading Down 1.5 %

Shares of NASDAQ:CSWC opened at $23.26 on Friday. Capital Southwest Co. has a 52-week low of $20.68 and a 52-week high of $27.23. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 16.50 and a beta of 1.24. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average price of $22.30 and a 200-day moving average price of $23.63.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. Equities analysts predict that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 9.97%. The ex-dividend date is Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.

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.