Capital Southwest (NASDAQ:CSWC) Stock Price Expected to Rise, UBS Group Analyst Says

Capital Southwest (NASDAQ:CSWC - Get Free Report) had its price target boosted by research analysts at UBS Group from $21.00 to $22.50 in a report issued on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the asset manager's stock. UBS Group's price objective points to a potential downside of 3.43% from the company's current price.

A number of other research firms have also recently commented on CSWC. Citizens Jmp upgraded Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price target for the company in a research note on Tuesday, June 24th. Wall Street Zen upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. Citigroup upgraded Capital Southwest to an "outperform" rating in a research note on Tuesday, June 24th. Raymond James Financial reduced their price objective on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating for the company in a research note on Friday, May 16th. Finally, B. Riley upgraded Capital Southwest to a "strong-buy" rating in a research note on Monday, June 16th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $24.00.

Capital Southwest Stock Up 0.2%

Capital Southwest stock traded up $0.05 during midday trading on Wednesday, reaching $23.30. The company's stock had a trading volume of 179,244 shares, compared to its average volume of 565,649. The stock's 50-day simple moving average is $21.52 and its 200-day simple moving average is $21.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.18 and a quick ratio of 0.18. Capital Southwest has a 52-week low of $17.46 and a 52-week high of $26.27. The stock has a market capitalization of $1.25 billion, a P/E ratio of 15.74 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The asset manager reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.62 by ($0.08). Capital Southwest had a net margin of 34.51% and a return on equity of 14.40%. The business had revenue of $52.34 million during the quarter, compared to analysts' expectations of $52.83 million. During the same quarter last year, the business posted $0.68 earnings per share. On average, sell-side analysts expect that Capital Southwest will post 2.54 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC purchased a new position in Capital Southwest during the second quarter valued at approximately $311,170,000. Sanders Morris Harris LLC raised its position in Capital Southwest by 75.9% during the first quarter. Sanders Morris Harris LLC now owns 1,433,064 shares of the asset manager's stock valued at $31,986,000 after acquiring an additional 618,480 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Capital Southwest during the fourth quarter valued at approximately $21,846,000. Two Sigma Advisers LP raised its position in Capital Southwest by 17.3% during the fourth quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager's stock valued at $16,902,000 after acquiring an additional 114,000 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in Capital Southwest by 14.0% during the second quarter. Sound Income Strategies LLC now owns 702,201 shares of the asset manager's stock valued at $15,477,000 after acquiring an additional 86,185 shares in the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

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.