FJ Capital Management LLC Buys New Shares in Capital Southwest Corporation $CSWC

FJ Capital Management LLC purchased a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 92,685 shares of the asset manager’s stock, valued at approximately $2,053,000.

Several other institutional investors have also recently made changes to their positions in CSWC. Triumph Capital Management bought a new stake in shares of Capital Southwest during the 3rd quarter worth approximately $28,000. Tower Research Capital LLC TRC grew its stake in shares of Capital Southwest by 13,307.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after buying an additional 1,863 shares in the last quarter. VPR Management LLC increased its holdings in Capital Southwest by 120.0% during the third quarter. VPR Management LLC now owns 5,500 shares of the asset manager’s stock worth $120,000 after buying an additional 3,000 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in Capital Southwest during the third quarter worth $126,000. Finally, Leonteq Securities AG bought a new stake in Capital Southwest during the fourth quarter worth $140,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $23.54 on Friday. The stock has a fifty day simple moving average of $23.41 and a 200 day simple moving average of $22.74. Capital Southwest Corporation has a twelve month low of $19.37 and a twelve month high of $24.43. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 12.39 and a beta of 0.69. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.56.

Capital Southwest Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend is Tuesday, September 15th. Capital Southwest’s dividend payout ratio is currently 122.11%.

Wall Street Analyst Weigh In

Separately, B. Riley Financial lifted their price target on Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a report on Friday, May 15th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Capital Southwest presently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

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.