Capital Southwest Corporation (NASDAQ:CSWC) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “Capital Southwest Corporation is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. The Company’s investments are focused on early-stage financings, expansion financings, management buyouts and recapitalizations in a broad range of industry segments. The portfolio is a composite of companies in which the Company has major interests as well as a number of developing companies and marketable securities of established publicly-owned companies. “

Several other equities analysts also recently commented on CSWC. 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 target price on the stock. National Bank Financial reissued a “buy” rating and issued a $22.00 target price on shares of Capital Southwest Corporation in a report on Wednesday, June 28th. Janney Montgomery Scott started coverage on shares of Capital Southwest Corporation in a report on Friday, June 30th. They issued a “neutral” rating and a $18.00 target price on the stock. ValuEngine downgraded shares of Capital Southwest Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Finally, BidaskClub raised shares of Capital Southwest Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $20.25.

Capital Southwest Corporation (CSWC) traded up 1.38% during mid-day trading on Wednesday, hitting $17.63. 11,677 shares of the stock traded hands. The company’s 50 day moving average is $16.87 and its 200 day moving average is $16.40. The company has a market cap of $282.19 million, a P/E ratio of 10.70 and a beta of -0.51. Capital Southwest Corporation has a 12 month low of $13.81 and a 12 month high of $17.65.

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In related news, major shareholder Moab Capital Partners Llc sold 53,270 shares of the company’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $17.30, for a total transaction of $921,571.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders sold 54,770 shares of company stock worth $945,931 in the last three months. Insiders own 5.90% of the company’s stock.

A number of hedge funds have recently bought and sold shares of CSWC. Punch & Associates Investment Management Inc. increased its position in Capital Southwest Corporation by 4.7% during the second quarter. Punch & Associates Investment Management Inc. now owns 1,784,841 shares of the asset manager’s stock valued at $28,700,000 after acquiring an additional 79,522 shares during the last quarter. Kennedy Capital Management Inc. increased its position in Capital Southwest Corporation by 249.3% during the second quarter. Kennedy Capital Management Inc. now owns 44,035 shares of the asset manager’s stock valued at $708,000 after acquiring an additional 31,428 shares during the last quarter. Bard Associates Inc. bought a new position in Capital Southwest Corporation during the second quarter valued at $263,000. New York State Common Retirement Fund increased its position in Capital Southwest Corporation by 12.3% during the second quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock valued at $1,658,000 after acquiring an additional 11,299 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new position in Capital Southwest Corporation during the second quarter valued at $179,000. Institutional investors and hedge funds own 62.07% of the company’s stock.

About Capital Southwest Corporation

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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