Denali Advisors LLC Buys 11,908 Shares of Capital Southwest Corporation (NASDAQ:CSWC)

Denali Advisors LLC increased its position in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) by 11.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,404 shares of the asset manager's stock after acquiring an additional 11,908 shares during the quarter. Denali Advisors LLC owned about 0.23% of Capital Southwest worth $2,598,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CSWC. Ameriflex Group Inc. acquired a new position in shares of Capital Southwest during the fourth quarter valued at $33,000. Quarry LP lifted its stake in shares of Capital Southwest by 52.5% during the fourth quarter. Quarry LP now owns 2,126 shares of the asset manager's stock valued at $46,000 after acquiring an additional 732 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake 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 valued at $48,000 after acquiring an additional 1,571 shares during the period. Garde Capital Inc. acquired a new position in shares of Capital Southwest during the first quarter valued at $54,000. Finally, Capital Analysts LLC lifted its stake 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 acquiring an additional 669 shares during the period. Institutional investors and hedge funds own 23.42% of the company's stock.

Capital Southwest Stock Up 0.0%

Shares of NASDAQ CSWC traded up $0.01 during mid-day trading on Friday, reaching $23.26. 305,556 shares of the company's stock were exchanged, compared to its average volume of 481,601. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 15.72 and a beta of 0.95. 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 business has a fifty day simple moving average of $21.58 and a 200 day simple moving average of $21.66. Capital Southwest Corporation has a twelve month low of $17.46 and a twelve month high of $26.21.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by ($0.08). The firm had revenue of $52.34 million for 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 quarter in the previous year, the business posted $0.68 earnings per share. As a group, equities analysts expect that Capital Southwest Corporation will post 2.54 EPS for the current fiscal year.

Capital Southwest Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.1934 per share. The ex-dividend date is Monday, September 15th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 9.98%. Capital Southwest's payout ratio is presently 156.76%.

Analyst Ratings Changes

Several equities analysts have weighed in on CSWC shares. Citigroup raised Capital Southwest to an "outperform" rating in a research note on Tuesday, June 24th. Raymond James Financial cut their target price on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research note on Friday, May 16th. Citizens Jmp raised Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 target price on the stock in a research note on Tuesday, June 24th. UBS Group increased their target price on Capital Southwest from $21.00 to $22.50 and gave the company a "neutral" rating in a research note on Wednesday. Finally, B. Riley raised Capital Southwest to a "strong-buy" rating in a research note on Monday, June 16th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Capital Southwest currently has an average rating of "Moderate Buy" and an average target price of $24.00.

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.