Capital Southwest Co. (NASDAQ:CSWC) Shares Acquired by Muzinich & Co. Inc.

Muzinich & Co. Inc. increased its stake in Capital Southwest Co. (NASDAQ:CSWC) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,072 shares of the asset manager’s stock after acquiring an additional 4,117 shares during the period. Capital Southwest makes up about 1.9% of Muzinich & Co. Inc.’s holdings, making the stock its 15th largest holding. Muzinich & Co. Inc.’s holdings in Capital Southwest were worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EntryPoint Capital LLC purchased a new stake in Capital Southwest during the 1st quarter worth about $28,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Capital Southwest during the second quarter worth approximately $58,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Capital Southwest in the second quarter valued at approximately $104,000. Nisa Investment Advisors LLC purchased a new position in Capital Southwest in the third quarter worth approximately $106,000. Finally, Hollencrest Capital Management grew its holdings in Capital Southwest by 8.6% during the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after acquiring an additional 518 shares in the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Capital Southwest Trading Down 0.6 %

CSWC opened at $22.88 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16. Capital Southwest Co. has a one year low of $21.94 and a one year high of $27.23. The company has a market cap of $1.09 billion, a P/E ratio of 13.95 and a beta of 1.25. The business’s 50-day simple moving average is $24.75 and its 200-day simple moving average is $25.35.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. The company had revenue of $48.71 million for the quarter, compared to analyst estimates of $49.79 million. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%. During the same period in the prior year, the firm posted $0.69 earnings per share. As a group, equities research analysts expect that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 11.01%. The ex-dividend date is Friday, December 13th. Capital Southwest’s dividend payout ratio is currently 141.46%.

Analysts Set New Price Targets

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

About Capital Southwest

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.