Bard Associates Inc. Sells 924 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Bard Associates Inc. lowered its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 5.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,256 shares of the asset manager’s stock after selling 924 shares during the quarter. Bard Associates Inc.’s holdings in Capital Southwest were worth $377,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CSWC. Quarry LP bought a new position in shares of Capital Southwest during the 3rd quarter valued at $35,000. Nisa Investment Advisors LLC bought a new stake in Capital Southwest in the 3rd quarter worth $106,000. Hollencrest Capital Management grew its holdings in Capital Southwest by 8.6% in the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after acquiring an additional 518 shares during the last quarter. Blue Trust Inc. grew its holdings in Capital Southwest by 36.3% in the 4th quarter. Blue Trust Inc. now owns 9,741 shares of the asset manager’s stock worth $213,000 after acquiring an additional 2,594 shares during the last quarter. Finally, Creative Planning grew its holdings in Capital Southwest by 4.2% in the 3rd quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after acquiring an additional 452 shares during the last quarter. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Price Performance

Shares of Capital Southwest stock opened at $23.11 on Tuesday. The firm has a market cap of $1.17 billion, a PE ratio of 16.39 and a beta of 1.24. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23. 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 company’s fifty day simple moving average is $22.55 and its two-hundred day simple moving average is $23.59.

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

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 annualized dividend and a dividend yield of 10.04%. Capital Southwest’s dividend payout ratio is 164.54%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Capital Southwest from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th.

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.