Capital Southwest Co. (NASDAQ:CSWC) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its position in Capital Southwest Co. (NASDAQ:CSWC) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,166 shares of the asset manager’s stock after purchasing an additional 1,557 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.08% of Capital Southwest worth $855,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CSWC. Barclays PLC increased its holdings in Capital Southwest by 1.7% in the 3rd quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock worth $1,924,000 after buying an additional 1,263 shares during the period. Franklin Resources Inc. raised its holdings in shares of Capital Southwest by 24.6% during the third quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager’s stock worth $3,893,000 after purchasing an additional 30,423 shares during the last quarter. Blue Trust Inc. lifted its position in Capital Southwest by 1,539.2% during the third quarter. Blue Trust Inc. now owns 7,147 shares of the asset manager’s stock valued at $186,000 after purchasing an additional 6,711 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in Capital Southwest by 146.7% in the third quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock valued at $9,804,000 after purchasing an additional 230,513 shares during the last quarter. Finally, Waterfall Asset Management LLC acquired a new stake in Capital Southwest during the 2nd quarter worth about $995,000. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, B. Riley boosted their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Capital Southwest Stock Performance

Shares of NASDAQ CSWC opened at $22.38 on Friday. Capital Southwest Co. has a 1 year low of $20.68 and a 1 year high of $27.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16. The company’s fifty day moving average price is $22.32 and its 200 day moving average price is $24.04. The company has a market capitalization of $1.07 billion, a PE ratio of 13.65 and a beta of 1.24.

Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Monday, October 28th. The asset manager reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. The firm had revenue of $48.71 million for the quarter, compared to analysts’ expectations of $49.79 million. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. During the same period last year, the firm earned $0.69 EPS. On average, research analysts predict that Capital Southwest Co. will post 2.53 earnings per share for the current year.

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, industry consolidation, recapitalizations and growth capital investments.