Capital Southwest Corporation (NASDAQ:CSWC) Given Average Rating of “Moderate Buy” by Analysts

Capital Southwest Corporation (NASDAQ:CSWC) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $23.20.

Several research firms recently commented on CSWC. B. Riley Financial boosted their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Capital Southwest in a research report on Thursday, June 18th.

Capital Southwest Price Performance

CSWC opened at $23.73 on Friday. 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 company has a market cap of $1.47 billion, a price-to-earnings ratio of 12.49 and a beta of 0.70. Capital Southwest has a one year low of $19.37 and a one year high of $24.43. The business’s fifty day moving average is $23.43 and its two-hundred day moving average is $22.90.

Capital Southwest Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 9.8%. Capital Southwest’s dividend payout ratio (DPR) is presently 122.11%.

Institutional Trading of Capital Southwest

A number of large investors have recently made changes to their positions in CSWC. Triumph Capital Management purchased a new stake in Capital Southwest during the 3rd quarter worth about $28,000. Tower Research Capital LLC TRC lifted its holdings in 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. Osbon Capital Management LLC acquired a new stake in shares of Capital Southwest during the 4th quarter worth about $55,000. CENTRAL TRUST Co acquired a new stake in shares of Capital Southwest during the 1st quarter worth about $60,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Capital Southwest by 197.2% during 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 in the last quarter. Institutional investors and hedge funds own 23.42% of the company’s stock.

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.