Blue Trust Inc. Boosts Stock Position in Capital Southwest Co. (NASDAQ:CSWC)

Blue Trust Inc. raised its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 36.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,741 shares of the asset manager’s stock after purchasing an additional 2,594 shares during the period. Blue Trust Inc.’s holdings in Capital Southwest were worth $213,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Sound Income Strategies LLC increased its stake in shares of Capital Southwest by 2.9% during the fourth quarter. Sound Income Strategies LLC now owns 578,541 shares of the asset manager’s stock valued at $12,624,000 after buying an additional 16,462 shares during the period. Cornerstone Wealth Management LLC increased its position in Capital Southwest by 4.1% during the 4th quarter. Cornerstone Wealth Management LLC now owns 39,166 shares of the asset manager’s stock valued at $855,000 after purchasing an additional 1,557 shares during the period. Sanders Morris Harris LLC increased its position in Capital Southwest by 28.0% during the 4th quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock valued at $17,579,000 after purchasing an additional 178,420 shares during the period. Harbor Capital Advisors Inc. raised its holdings in Capital Southwest by 2.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 398,887 shares of the asset manager’s stock worth $8,704,000 after purchasing an additional 11,240 shares in the last quarter. Finally, Confluence Investment Management LLC lifted its position in shares of Capital Southwest by 1.8% in the 4th quarter. Confluence Investment Management LLC now owns 100,242 shares of the asset manager’s stock worth $2,187,000 after purchasing an additional 1,779 shares during the period. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley increased their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th.

Capital Southwest Trading Down 1.0 %

NASDAQ CSWC opened at $22.28 on Tuesday. The stock’s 50 day moving average is $22.25 and its 200 day moving average is $23.86. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $1.06 billion, a PE ratio of 13.59 and a beta of 1.24. Capital Southwest Co. has a twelve month low of $20.68 and a twelve month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%. Research analysts forecast that Capital Southwest Co. will post 2.55 earnings per share for the current fiscal year.

Capital Southwest Company Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.