Capital Southwest Co. (NASDAQ:CSWC) Shares Bought by Barclays PLC

Barclays PLC grew its holdings in Capital Southwest Co. (NASDAQ:CSWC) by 1.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,083 shares of the asset manager’s stock after buying an additional 1,263 shares during the quarter. Barclays PLC owned about 0.16% of Capital Southwest worth $1,924,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Waterfall Asset Management LLC acquired a new position in Capital Southwest during the second quarter worth about $995,000. Blue Trust Inc. grew its holdings in shares of Capital Southwest by 1,539.2% in the 3rd quarter. Blue Trust Inc. now owns 7,147 shares of the asset manager’s stock worth $186,000 after acquiring an additional 6,711 shares during the period. Harbor Capital Advisors Inc. increased its stake in Capital Southwest by 146.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock valued at $9,804,000 after purchasing an additional 230,513 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in Capital Southwest by 970.6% during the third quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager’s stock worth $2,028,000 after purchasing an additional 72,710 shares during the last quarter. Finally, Creative Planning boosted its position in Capital Southwest by 4.2% during the third quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after purchasing an additional 452 shares in the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Capital Southwest Trading Down 0.0 %

Shares of CSWC opened at $21.37 on Friday. Capital Southwest Co. has a 1-year low of $20.68 and a 1-year high of $27.23. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a 50 day simple moving average of $23.22 and a 200-day simple moving average of $24.64. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 13.03 and a beta of 1.23.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. The company had revenue of $48.71 million during the quarter, compared to analysts’ expectations of $49.79 million. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. During the same period in the previous year, the firm posted $0.69 earnings per share. Equities analysts forecast that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 11.79%. Capital Southwest’s dividend payout ratio (DPR) is presently 141.46%.

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.