Capital Southwest (NASDAQ:CSWC) Rating Increased to Outperform at Citizens Jmp

Capital Southwest (NASDAQ:CSWC - Get Free Report) was upgraded by research analysts at Citizens Jmp from a "market perform" rating to an "outperform" rating in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a $25.00 target price on the asset manager's stock. Citizens Jmp's target price would indicate a potential upside of 14.73% from the stock's current price.

Several other research analysts have also issued reports on the company. Raymond James Financial reduced their target price on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. UBS Group decreased their price objective 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. B. Riley raised shares of Capital Southwest to a "strong-buy" rating in a research report on Monday, June 16th. Finally, Wall Street Zen raised Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Capital Southwest presently has an average rating of "Moderate Buy" and an average target price of $23.60.

Capital Southwest Stock Up 0.0%

Shares of NASDAQ:CSWC traded up $0.01 during trading on Tuesday, reaching $21.79. The stock had a trading volume of 448,994 shares, compared to its average volume of 458,065. The firm's 50-day simple moving average is $20.71 and its 200 day simple moving average is $21.53. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58. Capital Southwest has a one year low of $17.46 and a one year high of $27.23. The company has a market capitalization of $1.17 billion, a P/E ratio of 14.72 and a beta of 0.94.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its earnings results on Wednesday, May 14th. The asset manager reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.08). The firm had revenue of $52.34 million during the quarter, compared to analyst estimates of $52.83 million. Capital Southwest had a net margin of 34.51% and a return on equity of 14.40%. During the same quarter last year, the business earned $0.68 earnings per share. As a group, research analysts expect that Capital Southwest will post 2.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of Capital Southwest by 246.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 257,672 shares of the asset manager's stock worth $5,751,000 after purchasing an additional 183,313 shares during the last quarter. Northeast Financial Consultants Inc purchased a new stake in Capital Southwest during the 1st quarter worth about $488,000. Caxton Associates LLP purchased a new stake in Capital Southwest during the 1st quarter worth about $318,000. Sciencast Management LP acquired a new position in shares of Capital Southwest during the 1st quarter worth about $261,000. Finally, First Dallas Securities Inc. increased its holdings in shares of Capital Southwest by 7.2% in the 1st quarter. First Dallas Securities Inc. now owns 71,925 shares of the asset manager's stock valued at $1,605,000 after acquiring an additional 4,817 shares during the last quarter. Hedge funds and other institutional investors own 23.42% of the company's stock.

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.