Marshall Wace LLP Grows Position in Capital Southwest Co. (NASDAQ:CSWC)

Marshall Wace LLP grew its stake in Capital Southwest Co. (NASDAQ:CSWC) by 41.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,485 shares of the asset manager’s stock after buying an additional 30,124 shares during the period. Marshall Wace LLP’s holdings in Capital Southwest were worth $2,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CSWC. Van ECK Associates Corp raised its stake in Capital Southwest by 3.3% in the 4th quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock worth $25,970,000 after acquiring an additional 38,051 shares during the last quarter. Sanders Morris Harris LLC increased its holdings in shares of Capital Southwest by 28.0% in the fourth 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. Zuckerman Investment Group LLC raised its stake in shares of Capital Southwest by 4.8% in the fourth quarter. Zuckerman Investment Group LLC now owns 672,468 shares of the asset manager’s stock worth $14,983,000 after purchasing an additional 31,009 shares during the last quarter. Sound Income Strategies LLC boosted its position in Capital Southwest by 2.9% in 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 last quarter. Finally, Melia Wealth LLC increased its holdings in Capital Southwest by 3.3% in the 4th quarter. Melia Wealth LLC now owns 401,581 shares of the asset manager’s stock worth $8,762,000 after buying an additional 12,831 shares during the period. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CSWC. StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Saturday, April 19th. UBS Group cut their price target on Capital Southwest from $23.50 to $20.50 and set a “neutral” rating on the stock in a research report on Thursday, April 17th.

Capital Southwest Price Performance

NASDAQ:CSWC opened at $20.24 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The company has a 50 day moving average price of $21.42 and a 200-day moving average price of $22.44. Capital Southwest Co. has a 1-year low of $17.46 and a 1-year high of $27.23. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 14.35 and a beta of 0.99.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Equities research analysts forecast that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.46%. The ex-dividend date of this dividend was Friday, March 14th. Capital Southwest’s dividend payout ratio (DPR) is presently 164.54%.

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.