Capital Southwest (NASDAQ:CSWC) Cut to Sell at StockNews.com

StockNews.com lowered shares of Capital Southwest (NASDAQ:CSWC) from a hold rating to a sell rating in a report issued on Friday.

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

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC opened at $22.97 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 0.64. The company has a 50-day moving average price of $22.19 and a 200-day moving average price of $23.75. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 16.29 and a beta of 1.24. Capital Southwest has a 12 month low of $20.68 and a 12 month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last released its quarterly 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 return on equity of 15.18% and a net margin of 33.49%. As a group, equities analysts anticipate that Capital Southwest will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 10.10%. The ex-dividend date is Friday, March 14th. Capital Southwest’s dividend payout ratio is currently 164.54%.

Institutional Trading of Capital Southwest

Hedge funds have recently modified their holdings of the business. Promus Capital LLC bought a new position in shares of Capital Southwest in the 4th quarter worth about $30,000. Quarry LP bought a new position in shares of Capital Southwest during the third quarter valued at approximately $35,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Capital Southwest during the second quarter valued at approximately $104,000. Rialto Wealth Management LLC bought a new stake in shares of Capital Southwest in the 4th quarter worth approximately $105,000. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of Capital Southwest in the 3rd quarter worth approximately $106,000. Institutional investors own 23.42% of the company’s stock.

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.