Cetera Investment Advisers Purchases 19,323 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Cetera Investment Advisers increased its position in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 56.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 53,524 shares of the asset manager's stock after buying an additional 19,323 shares during the period. Cetera Investment Advisers owned about 0.11% of Capital Southwest worth $1,168,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CSWC. Promus Capital LLC bought a new position in Capital Southwest in the 4th quarter worth $30,000. Quarry LP boosted its holdings in 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 buying an additional 732 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in Capital Southwest by 243.2% in the 4th 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 boosted its holdings in Capital Southwest by 35.6% in the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager's stock worth $56,000 after buying an additional 669 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new position in Capital Southwest in the 4th quarter worth $59,000. Institutional investors own 23.42% of the company's stock.

Capital Southwest Stock Down 0.6%

Shares of CSWC stock opened at $20.59 on Friday. The stock has a market cap of $1.04 billion, a P/E ratio of 14.60 and a beta of 0.95. Capital Southwest Co. has a 52 week low of $17.46 and a 52 week high of $27.23. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The company's fifty day simple moving average is $20.59 and its two-hundred day simple moving average is $21.89.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly 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 analysts' expectations of $52.83 million. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. During the same quarter in the previous year, the firm earned $0.68 EPS. Analysts predict that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 11.27%. The ex-dividend date of this dividend is Friday, June 13th. Capital Southwest's payout ratio is currently 156.76%.

Analysts Set New Price Targets

Several brokerages recently weighed in on CSWC. Wall Street Zen raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a report on Saturday, April 19th. Raymond James decreased their price target on shares of Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research note on Friday, May 16th. Finally, UBS Group decreased their price target on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating on the stock in a research note 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.

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