Barclays PLC Has $10.73 Million Stock Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Barclays PLC boosted its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 431.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,272 shares of the basic materials company’s stock after acquiring an additional 23,761 shares during the period. Barclays PLC owned 0.17% of CSW Industrials worth $10,725,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of CSW Industrials by 105.9% in the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 36 shares in the last quarter. National Bank of Canada FI bought a new position in shares of CSW Industrials in the third quarter valued at $28,000. V Square Quantitative Management LLC bought a new position in shares of CSW Industrials in the third quarter valued at $30,000. Peterson Financial Group Inc. acquired a new position in shares of CSW Industrials during the third quarter valued at about $72,000. Finally, Nisa Investment Advisors LLC increased its position in shares of CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock worth $76,000 after acquiring an additional 173 shares in the last quarter. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $389.78, for a total value of $389,780.00. Following the transaction, the chief executive officer now directly owns 49,698 shares in the company, valued at $19,371,286.44. The trade was a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Don Sullivan sold 1,965 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $760,749.75. Following the transaction, the executive vice president now directly owns 30,804 shares of the company’s stock, valued at $11,925,768.60. This represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,381 shares of company stock worth $2,496,864. 1.40% of the stock is owned by company insiders.

CSW Industrials Trading Up 0.1 %

Shares of CSW Industrials stock opened at $389.17 on Tuesday. The business’s fifty day simple moving average is $396.90 and its 200 day simple moving average is $335.58. CSW Industrials, Inc. has a 12 month low of $199.20 and a 12 month high of $436.50. The firm has a market capitalization of $6.54 billion, a P/E ratio of 52.88 and a beta of 0.81.

CSW Industrials Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 25th were issued a $0.24 dividend. This is an increase from CSW Industrials’s previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend was Friday, October 25th. CSW Industrials’s payout ratio is 13.04%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CSWI. Citigroup upgraded CSW Industrials to a “hold” rating in a research note on Wednesday, November 13th. Wells Fargo & Company started coverage on CSW Industrials in a report on Monday, November 25th. They set an “equal weight” rating and a $425.00 price target for the company. StockNews.com upgraded CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Finally, The Goldman Sachs Group started coverage on shares of CSW Industrials in a research note on Friday, December 6th. They issued a “neutral” rating and a $450.00 target price for the company. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, CSW Industrials has a consensus rating of “Hold” and a consensus price target of $437.50.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.