Capital Southwest (NASDAQ:CSWC) Downgraded by BidaskClub

BidaskClub lowered shares of Capital Southwest (NASDAQ:CSWC) from a hold rating to a sell rating in a research report sent to investors on Tuesday, BidAskClub reports.

CSWC has been the topic of several other research reports. National Securities reaffirmed a buy rating and issued a $24.00 target price on shares of Capital Southwest in a research report on Tuesday, June 4th. Zacks Investment Research cut Capital Southwest from a hold rating to a sell rating in a research note on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $23.50.

Shares of Capital Southwest stock traded down $0.34 on Tuesday, hitting $21.47. The stock had a trading volume of 18,513 shares, compared to its average volume of 87,621. Capital Southwest has a twelve month low of $17.22 and a twelve month high of $24.17. The business’s 50 day moving average is $21.72 and its two-hundred day moving average is $21.59. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.46. The stock has a market cap of $383.14 million, a price-to-earnings ratio of 15.12 and a beta of 0.20.



Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Monday, August 5th. The asset manager reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. Capital Southwest had a return on equity of 8.27% and a net margin of 53.87%. The company had revenue of $15.80 million for the quarter, compared to the consensus estimate of $14.90 million. As a group, equities analysts predict that Capital Southwest will post 1.71 earnings per share for the current fiscal year.

The business also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, September 13th. Capital Southwest’s dividend payout ratio (DPR) is currently 109.86%.

In related news, Director David R. Brooks purchased 2,500 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $21.37 per share, for a total transaction of $53,425.00. Following the completion of the purchase, the director now owns 24,500 shares in the company, valued at approximately $523,565. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 6.80% of the company’s stock.

Several hedge funds have recently modified their holdings of the stock. Colony Group LLC bought a new stake in shares of Capital Southwest in the second quarter valued at approximately $236,000. Royal Bank of Canada boosted its stake in shares of Capital Southwest by 25.8% in the second quarter. Royal Bank of Canada now owns 55,124 shares of the asset manager’s stock valued at $1,155,000 after buying an additional 11,289 shares during the period. Susquehanna International Group LLP boosted its stake in shares of Capital Southwest by 100.0% in the second quarter. Susquehanna International Group LLP now owns 30,706 shares of the asset manager’s stock valued at $643,000 after buying an additional 15,353 shares during the period. Centaurus Financial Inc. boosted its stake in shares of Capital Southwest by 4,647.2% in the second quarter. Centaurus Financial Inc. now owns 8,545 shares of the asset manager’s stock valued at $179,000 after buying an additional 8,365 shares during the period. Finally, Citadel Advisors LLC boosted its stake in shares of Capital Southwest by 150.5% in the second quarter. Citadel Advisors LLC now owns 35,220 shares of the asset manager’s stock valued at $738,000 after buying an additional 21,161 shares during the period. Institutional investors and hedge funds own 48.47% of the company’s stock.

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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