11,603 Shares in Capital Southwest Corporation (NASDAQ:CSWC) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC acquired a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,603 shares of the asset manager's stock, valued at approximately $259,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CSWC. Ameriflex Group Inc. acquired a new stake in Capital Southwest in the fourth quarter valued at $33,000. Quarry LP boosted its position in shares of Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock valued at $46,000 after purchasing an additional 732 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Capital Southwest by 243.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock worth $48,000 after buying an additional 1,571 shares during the period. Capital Analysts LLC lifted its position in shares of Capital Southwest by 35.6% in the fourth quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager's stock worth $56,000 after purchasing an additional 669 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of Capital Southwest in the fourth quarter worth approximately $59,000. Hedge funds and other institutional investors own 23.42% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CSWC shares. Citizens Jmp upgraded shares of Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price objective on the stock in a research note on Tuesday, June 24th. JMP Securities upgraded shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price target on the stock in a research report on Tuesday, June 24th. UBS Group dropped 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 note on Thursday, April 17th. Wall Street Zen raised Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. Finally, Raymond James Financial lowered their target price 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. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Capital Southwest has a consensus rating of "Moderate Buy" and an average price target of $23.60.

Capital Southwest Stock Performance

Shares of NASDAQ CSWC opened at $22.73 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58. The stock's 50-day moving average is $21.03 and its 200 day moving average is $21.55. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 15.36 and a beta of 0.95. Capital Southwest Corporation has a 1-year low of $17.46 and a 1-year high of $27.23.

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

Capital Southwest Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.1934 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.21%. The ex-dividend date of this dividend is Monday, September 15th. Capital Southwest's dividend payout ratio (DPR) is 156.76%.

Capital Southwest 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.

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