Capital Southwest Corporation $CSWC Shares Acquired by Columbus Macro LLC

Columbus Macro LLC increased its position in Capital Southwest Corporation (NASDAQ:CSWC) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 345,520 shares of the asset manager’s stock after buying an additional 26,633 shares during the quarter. Columbus Macro LLC’s holdings in Capital Southwest were worth $7,653,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in CSWC. Triumph Capital Management purchased a new stake in Capital Southwest during the third quarter valued at about $28,000. Tower Research Capital LLC TRC lifted its stake in shares of Capital Southwest by 13,307.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after purchasing an additional 1,863 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Capital Southwest in the 3rd quarter valued at about $48,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Capital Southwest during the 2nd quarter worth about $70,000. Finally, Chilton Capital Management LLC purchased a new stake in shares of Capital Southwest during the 3rd quarter worth about $77,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Price Performance

CSWC opened at $21.45 on Monday. Capital Southwest Corporation has a twelve month low of $17.46 and a twelve month high of $23.84. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 11.85 and a beta of 0.75. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.51. The company has a fifty day simple moving average of $22.62 and a 200 day simple moving average of $21.95.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Monday, February 2nd. The asset manager reported $0.64 EPS for the quarter, hitting analysts’ consensus estimates of $0.64. The firm had revenue of $61.45 million for the quarter, compared to analyst estimates of $57.37 million. Capital Southwest had a net margin of 45.46% and a return on equity of 13.76%. During the same quarter in the previous year, the business posted $0.63 EPS. Equities research analysts expect that Capital Southwest Corporation will post 2.54 EPS for the current fiscal year.

Capital Southwest Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.1934 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 10.8%. Capital Southwest’s payout ratio is 128.18%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CSWC. Zacks Research raised shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings raised shares of Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 28th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $23.42.

Capital Southwest Company Profile

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.