Quantbot Technologies LP Purchases New Position in Capital Southwest Corporation $CSWC

Quantbot Technologies LP acquired a new position in Capital Southwest Corporation (NASDAQ:CSWC) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 43,455 shares of the asset manager’s stock, valued at approximately $1,033,000.

A number of other hedge funds have also bought and sold shares of the business. Triumph Capital Management purchased a new stake in shares of Capital Southwest during the third quarter worth $28,000. Allied Private Wealth LLC purchased a new position in shares of Capital Southwest in the second quarter valued at $37,000. Tower Research Capital LLC TRC grew its position 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 purchasing an additional 1,863 shares in the last quarter. Osbon Capital Management LLC bought a new stake in shares of Capital Southwest during the 4th quarter valued at $55,000. Finally, CENTRAL TRUST Co bought a new stake in shares of Capital Southwest during the 1st quarter valued at $60,000. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Capital Southwest Trading Up 0.1%

Capital Southwest stock opened at $25.24 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.17 and a current ratio of 0.17. Capital Southwest Corporation has a fifty-two week low of $19.37 and a fifty-two week high of $25.41. The stock has a market cap of $1.61 billion, a P/E ratio of 13.94 and a beta of 0.69. The firm’s fifty day moving average price is $24.06 and its 200-day moving average price is $23.34.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Monday, August 3rd. The asset manager reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. Capital Southwest had a return on equity of 13.88% and a net margin of 46.68%.The company had revenue of $61.05 million during the quarter, compared to analyst estimates of $61.22 million. During the same quarter last year, the company earned $0.61 earnings per share. Equities research analysts forecast that Capital Southwest Corporation will post 2.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the company. Citizens Jmp raised their target price on Capital Southwest from $25.00 to $26.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 5th. B. Riley Financial upped their price target on Capital Southwest from $24.50 to $25.50 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Citigroup reissued a “market outperform” rating on shares of Capital Southwest in a report on Wednesday, August 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Capital Southwest in a research report on Thursday, June 18th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.60.

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.