Capital Southwest Corporation (NASDAQ:CSWC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Capital Southwest Corporation (NASDAQ:CSWC) has received a consensus rating of “Moderate Buy” from the nine analysts that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $23.50.

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

Capital Southwest Trading Up 0.3%

CSWC stock opened at $23.28 on Tuesday. The firm has a fifty day moving average price of $23.27 and a 200 day moving average price of $22.67. Capital Southwest has a fifty-two week low of $19.37 and a fifty-two week high of $24.43. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market cap of $1.45 billion, a PE ratio of 12.25 and a beta of 0.69.

Capital Southwest Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CSWC. Triumph Capital Management purchased a new position in shares of Capital Southwest in the third quarter valued at $28,000. Tower Research Capital LLC TRC lifted its position in Capital Southwest by 13,307.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after buying an additional 1,863 shares during the last quarter. Osbon Capital Management LLC bought a new stake in Capital Southwest in the fourth quarter worth $55,000. CENTRAL TRUST Co bought a new stake in Capital Southwest in the first quarter worth $60,000. Finally, PNC Financial Services Group Inc. lifted its position in Capital Southwest by 197.2% in the first quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock worth $103,000 after buying an additional 3,088 shares during the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.

About Capital Southwest

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.