Capital Southwest Co. (CSWC) Given Average Recommendation of “Hold” by Analysts

Shares of Capital Southwest Co. (NASDAQ:CSWC) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $20.00.

Several research analysts have issued reports on the company. BidaskClub cut Capital Southwest from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. Ladenburg Thalmann Financial Services assumed coverage on Capital Southwest in a report on Thursday, November 30th. They issued a “buy” rating and a $19.00 price target on the stock. National Securities reaffirmed a “buy” rating and issued a $22.00 price target on shares of Capital Southwest in a report on Thursday, November 9th. Finally, Zacks Investment Research raised Capital Southwest from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th.

In other news, Director David R. Brooks bought 2,000 shares of the business’s stock in a transaction on Friday, December 28th. The shares were bought at an average cost of $16.66 per share, with a total value of $33,320.00. Following the purchase, the director now directly owns 22,000 shares in the company, valued at $366,520. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Douglas M. Kelley bought 1,500 shares of the business’s stock in a transaction on Monday, November 13th. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $25,500.00. Following the completion of the purchase, the vice president now owns 66,135 shares in the company, valued at $1,124,295. The disclosure for this purchase can be found here. Insiders acquired 5,880 shares of company stock worth $98,551 in the last ninety days. 5.90% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Zuckerman Investment Group LLC raised its stake in Capital Southwest by 6.9% during the 3rd quarter. Zuckerman Investment Group LLC now owns 1,356,695 shares of the asset manager’s stock valued at $23,240,000 after purchasing an additional 87,408 shares during the period. Advisors Asset Management Inc. raised its stake in Capital Southwest by 272.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 41,485 shares of the asset manager’s stock valued at $711,000 after purchasing an additional 30,349 shares during the period. New York State Common Retirement Fund raised its stake in Capital Southwest by 12.3% during the 2nd quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock valued at $1,658,000 after purchasing an additional 11,299 shares during the period. JPMorgan Chase & Co. raised its stake in Capital Southwest by 8.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock valued at $253,000 after purchasing an additional 1,207 shares during the period. Finally, Kennedy Capital Management Inc. raised its stake in Capital Southwest by 249.3% during the 2nd quarter. Kennedy Capital Management Inc. now owns 44,035 shares of the asset manager’s stock valued at $708,000 after purchasing an additional 31,428 shares during the period. 60.03% of the stock is currently owned by institutional investors.

Shares of Capital Southwest (NASDAQ CSWC) opened at $16.57 on Friday. Capital Southwest has a twelve month low of $15.04 and a twelve month high of $17.76. The company has a market capitalization of $265.28, a P/E ratio of 9.58 and a beta of -0.56. The company has a current ratio of 10.41, a quick ratio of 10.42 and a debt-to-equity ratio of 0.19.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, November 6th. The asset manager reported $0.25 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Capital Southwest had a return on equity of 5.09% and a net margin of 90.67%. analysts expect that Capital Southwest will post 1.01 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were issued a $0.26 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.04 annualized dividend and a dividend yield of 6.28%. This is a boost from Capital Southwest’s previous quarterly dividend of $0.24. Capital Southwest’s dividend payout ratio is currently 60.12%.

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About Capital Southwest

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.

Analyst Recommendations for Capital Southwest (NASDAQ:CSWC)

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