Analysts Set Capital Southwest Corporation (NASDAQ:CSWC) PT at $23.42

Capital Southwest Corporation (NASDAQ:CSWC) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $23.4167.

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, January 28th. Zacks Research raised Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th.

Institutional Trading of Capital Southwest

A number of institutional investors and hedge funds have recently bought and sold shares of CSWC. Guggenheim Capital LLC lifted its stake in shares of Capital Southwest by 7.5% in the fourth quarter. Guggenheim Capital LLC now owns 27,461 shares of the asset manager’s stock worth $608,000 after buying an additional 1,914 shares in the last quarter. Atom Investors LP bought a new stake in shares of Capital Southwest during the fourth quarter valued at approximately $1,458,000. Verition Fund Management LLC increased its position in shares of Capital Southwest by 168.1% during the fourth quarter. Verition Fund Management LLC now owns 88,378 shares of the asset manager’s stock valued at $1,958,000 after acquiring an additional 55,416 shares in the last quarter. FJ Capital Management LLC purchased a new position in Capital Southwest in the 4th quarter worth approximately $2,053,000. Finally, Barclays PLC purchased a new position in Capital Southwest in the 4th quarter worth approximately $2,165,000. 23.42% of the stock is currently owned by institutional investors.

Capital Southwest Price Performance

Shares of NASDAQ CSWC opened at $22.18 on Friday. The company has a 50 day simple moving average of $22.89 and a two-hundred day simple moving average of $22.05. Capital Southwest has a fifty-two week low of $17.46 and a fifty-two week high of $23.84. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 12.25 and a beta of 0.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.15 and a current ratio of 0.15.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, February 2nd. The asset manager reported $0.64 EPS for the quarter, hitting analysts’ consensus estimates of $0.64. The firm had revenue of $61.45 million for the quarter, compared to analysts’ expectations of $57.37 million. Capital Southwest had a return on equity of 13.76% and a net margin of 45.46%.During the same period in the previous year, the firm posted $0.63 EPS. Analysts expect that Capital Southwest will post 2.54 EPS for the current fiscal year.

Capital Southwest Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.1934 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 10.5%. Capital Southwest’s payout ratio is presently 128.18%.

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.