Epiq Partners LLC Has $5.88 Million Stock Position in Capital Southwest Corporation $CSWC

Key Points

• Epiq Partners LLC increased its holdings in Capital Southwest Corporation by 4.5%, now owning 266,800 shares valued at approximately $5.88 million, making it one of their top 11 holdings.
• Capital Southwest reported a quarterly earnings per share of $0.59, meeting analysts' expectations, with revenues reaching $55.95 million.
• The company recently declared a quarterly dividend of $0.06 per share, translating to an annual yield of 1.1%, amidst concerns as its dividend payout ratio stands at 140.61%.

Epiq Partners LLC grew its stake in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) by 4.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 266,800 shares of the asset manager's stock after buying an additional 11,400 shares during the quarter. Capital Southwest makes up 3.0% of Epiq Partners LLC's holdings, making the stock its 11th biggest holding. Epiq Partners LLC owned approximately 0.50% of Capital Southwest worth $5,880,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sanders Morris Harris LLC increased its stake in Capital Southwest by 75.9% in the 1st quarter. Sanders Morris Harris LLC now owns 1,433,064 shares of the asset manager's stock valued at $31,986,000 after buying an additional 618,480 shares during the last quarter. Two Sigma Investments LP increased its holdings in shares of Capital Southwest by 42.2% in the fourth quarter. Two Sigma Investments LP now owns 673,778 shares of the asset manager's stock worth $14,702,000 after buying an additional 200,060 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Capital Southwest by 246.5% in the first 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. Two Sigma Advisers LP boosted its position in Capital Southwest by 17.3% during the 4th 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, Raymond James Financial Inc. boosted its position in Capital Southwest by 54.3% during the 1st quarter. Raymond James Financial Inc. now owns 300,600 shares of the asset manager's stock valued at $6,709,000 after acquiring an additional 105,845 shares in the last quarter. Institutional investors own 23.42% of the company's stock.

Capital Southwest Stock Up 0.7%

Shares of CSWC traded up $0.16 during midday trading on Friday, reaching $23.11. The stock had a trading volume of 634,059 shares, compared to its average volume of 495,633. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.19 and a quick ratio of 0.19. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 14.01 and a beta of 0.96. Capital Southwest Corporation has a 1-year low of $17.46 and a 1-year high of $25.90. The company's fifty day simple moving average is $22.82 and its two-hundred day simple moving average is $21.69.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The asset manager reported $0.59 EPS for the quarter, meeting analysts' consensus estimates of $0.59. The company had revenue of $55.95 million for the quarter, compared to analyst estimates of $54.36 million. Capital Southwest had a net margin of 39.95% and a return on equity of 14.17%. During the same period in the previous year, the business posted $0.69 earnings per share. Equities research analysts expect that Capital Southwest Corporation will post 2.54 earnings per share for the current year.

Capital Southwest Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, December 15th. Capital Southwest's payout ratio is currently 140.61%.

Analyst Upgrades and Downgrades

CSWC has been the topic of several analyst reports. B. Riley upped their price objective on Capital Southwest from $23.50 to $24.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Raymond James Financial increased their price target on shares of Capital Southwest from $23.00 to $25.00 and gave the company an "outperform" rating in a report on Friday, August 8th. UBS Group increased their price objective on shares of Capital Southwest from $21.00 to $22.50 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Citigroup raised shares of Capital Southwest to an "outperform" rating in a research note on Tuesday, June 24th. Finally, JMP Securities raised shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price target for the company in a research note on Tuesday, June 24th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Capital Southwest currently has a consensus rating of "Moderate Buy" and a consensus target price of $24.30.

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.