Capital Southwest Corporation (NASDAQ:CSWC) has been assigned a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $20.25.

Several research analysts have commented on CSWC shares. National Securities started coverage on shares of Capital Southwest Corporation in a report on Tuesday, June 27th. They issued a “buy” rating and a $22.00 price objective for the company. National Bank Financial reiterated a “buy” rating and issued a $22.00 price target on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. Janney Montgomery Scott started coverage on shares of Capital Southwest Corporation in a research report on Friday, June 30th. They set a “neutral” rating and a $18.00 price objective on the stock. ValuEngine downgraded shares of Capital Southwest Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Finally, BidaskClub raised shares of Capital Southwest Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd.

Shares of Capital Southwest Corporation (NASDAQ:CSWC) traded up 0.68% during trading on Friday, reaching $16.30. 17,980 shares of the company were exchanged. The stock has a 50-day moving average price of $16.62 and a 200-day moving average price of $16.29. Capital Southwest Corporation has a one year low of $13.81 and a one year high of $17.50. The stock has a market capitalization of $260.90 million, a PE ratio of 9.89 and a beta of -0.49.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.89%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Capital Southwest Corporation’s previous quarterly dividend of $0.21. Capital Southwest Corporation’s dividend payout ratio (DPR) is presently 58.54%.

In other news, major shareholder Moab Capital Partners Llc sold 53,270 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $17.30, for a total value of $921,571.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director John H. Wilson acquired 5,000 shares of the stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average price of $16.30 per share, for a total transaction of $81,500.00. Following the purchase, the director now directly owns 17,000 shares in the company, valued at $277,100. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 56,770 shares of company stock worth $978,281. Insiders own 5.90% of the company’s stock.

Several large investors have recently modified their holdings of the company. Punch & Associates Investment Management Inc. lifted its stake in shares of Capital Southwest Corporation by 4.7% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,784,841 shares of the asset manager’s stock worth $28,700,000 after purchasing an additional 79,522 shares during the period. Zuckerman Investment Group LLC lifted its stake in shares of Capital Southwest Corporation by 0.6% in the 2nd quarter. Zuckerman Investment Group LLC now owns 1,269,287 shares of the asset manager’s stock worth $20,410,000 after purchasing an additional 7,624 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Capital Southwest Corporation by 1.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock worth $1,846,000 after purchasing an additional 1,937 shares during the period. New York State Common Retirement Fund lifted its stake in shares of Capital Southwest Corporation by 12.3% in the 2nd quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock worth $1,658,000 after purchasing an additional 11,299 shares during the period. Finally, Cove Street Capital LLC lifted its stake in shares of Capital Southwest Corporation by 9.5% in the 2nd quarter. Cove Street Capital LLC now owns 95,657 shares of the asset manager’s stock worth $1,538,000 after purchasing an additional 8,300 shares during the period. Hedge funds and other institutional investors own 62.07% of the company’s stock.

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Capital Southwest Corporation Company Profile

Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.

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