Capital Southwest (NASDAQ:CSWC) Downgraded to “Sell” Rating by StockNews.com

Capital Southwest (NASDAQ:CSWC) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

Separately, B. Riley raised their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a report on Wednesday, October 30th.

Capital Southwest Trading Up 0.1 %

Shares of NASDAQ CSWC traded up $0.03 during midday trading on Tuesday, reaching $23.20. The company had a trading volume of 478,898 shares, compared to its average volume of 470,786. The firm’s fifty day moving average price is $22.33 and its 200-day moving average price is $23.62. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. Capital Southwest has a one year low of $20.68 and a one year high of $27.23. The stock has a market cap of $1.17 billion, a PE ratio of 16.45 and a beta of 1.24.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share for the quarter, beating 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%. On average, equities research analysts anticipate that Capital Southwest will post 2.54 earnings per share for the current year.

Hedge Funds Weigh In On Capital Southwest

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Creative Planning lifted its position in Capital Southwest by 4.2% during the third quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock valued at $282,000 after buying an additional 452 shares during the period. Nisa Investment Advisors LLC purchased a new stake in Capital Southwest in the third quarter worth about $106,000. Autumn Glory Partners LLC increased its stake in shares of Capital Southwest by 62.5% during the third quarter. Autumn Glory Partners LLC now owns 13,000 shares of the asset manager’s stock valued at $329,000 after purchasing an additional 5,000 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of Capital Southwest by 146.7% during the third quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock valued at $9,804,000 after purchasing an additional 230,513 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Capital Southwest by 8.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,152,153 shares of the asset manager’s stock worth $29,483,000 after purchasing an additional 92,936 shares in the last quarter. Hedge funds and other institutional investors own 23.42% of the company’s stock.

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, industry consolidation, recapitalizations and growth capital investments.