Capital Southwest Corporation (NASDAQ:CSWC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Capital Southwest Corporation (NASDAQ:CSWC) has earned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $23.50.

Separately, B. Riley Financial boosted their target price on shares of Capital Southwest from $24.00 to $24.50 and gave the company a “buy” rating in a research report on Friday, May 15th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CSWC. Royal Bank of Canada lifted its position in shares of Capital Southwest by 13.4% during the 1st quarter. Royal Bank of Canada now owns 69,139 shares of the asset manager’s stock valued at $1,544,000 after acquiring an additional 8,188 shares during the period. Goldman Sachs Group Inc. raised its holdings in Capital Southwest by 246.5% during the first quarter. Goldman Sachs Group Inc. now owns 257,672 shares of the asset manager’s stock worth $5,751,000 after buying an additional 183,313 shares during the last quarter. Caxton Associates LLP acquired a new position in Capital Southwest during the first quarter worth $318,000. Creative Planning acquired a new position in Capital Southwest during the second quarter worth $201,000. Finally, Invesco Ltd. raised its holdings in Capital Southwest by 21.8% during the second quarter. Invesco Ltd. now owns 34,003 shares of the asset manager’s stock worth $749,000 after buying an additional 6,094 shares during the last quarter. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Stock Up 0.3%

Capital Southwest stock opened at $23.28 on Tuesday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.56. Capital Southwest has a 12-month low of $19.37 and a 12-month high of $24.43. The firm’s fifty day moving average is $23.27 and its 200 day moving average is $22.67. The company has a market capitalization of $1.45 billion, a PE ratio of 12.25 and a beta of 0.69.

Capital Southwest Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Tuesday, September 15th. Capital Southwest’s payout ratio is presently 122.11%.

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.