Capital Southwest Co. (NASDAQ:CSWC) Stock Position Raised by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC grew its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 1,481.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 490,291 shares of the asset manager's stock after purchasing an additional 459,291 shares during the period. Beacon Pointe Advisors LLC owned approximately 0.97% of Capital Southwest worth $10,698,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Promus Capital LLC bought a new stake in Capital Southwest during the fourth quarter worth approximately $30,000. Quarry LP grew its holdings in shares of Capital Southwest by 52.5% in the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock worth $46,000 after acquiring an additional 732 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Capital Southwest by 243.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock worth $48,000 after purchasing an additional 1,571 shares during the period. Capital Analysts LLC lifted its holdings in shares of Capital Southwest by 35.6% during the fourth quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager's stock valued at $56,000 after purchasing an additional 669 shares during the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Capital Southwest in the 4th quarter valued at $59,000. Institutional investors and hedge funds own 23.42% of the company's stock.

Capital Southwest Stock Up 1.8 %

NASDAQ:CSWC traded up $0.37 during trading hours on Friday, hitting $20.51. 342,708 shares of the company's stock traded hands, compared to its average volume of 431,535. Capital Southwest Co. has a twelve month low of $17.46 and a twelve month high of $27.23. The firm has a market cap of $1.04 billion, a P/E ratio of 14.55 and a beta of 0.99. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18. The stock's fifty day moving average price is $21.12 and its two-hundred day moving average price is $22.31.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. On average, research analysts expect that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.31%. The ex-dividend date of this dividend is Friday, June 13th. Capital Southwest's dividend payout ratio (DPR) is currently 164.54%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CSWC. StockNews.com upgraded Capital Southwest from a "sell" rating to a "hold" rating in a report on Saturday, April 19th. UBS Group reduced their price target on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a research report on Thursday, April 17th.

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.