Epiq Partners LLC Makes New $5.70 Million Investment in Capital Southwest Co. (NASDAQ:CSWC)

Epiq Partners LLC purchased a new position in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 255,400 shares of the asset manager's stock, valued at approximately $5,701,000. Capital Southwest accounts for 3.0% of Epiq Partners LLC's portfolio, making the stock its 11th biggest holding. Epiq Partners LLC owned 0.50% of Capital Southwest at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Promus Capital LLC acquired a new stake in shares of Capital Southwest during the fourth quarter worth $30,000. Ameriflex Group Inc. acquired a new stake in Capital Southwest in the fourth quarter valued at approximately $33,000. Quarry LP increased its stake in Capital Southwest by 52.5% during 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. lifted its stake 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 acquiring an additional 1,571 shares in the last quarter. Finally, Capital Analysts LLC boosted its stake in shares of Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager's stock valued at $56,000 after buying an additional 669 shares during the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on CSWC. UBS Group decreased their target price on 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 upgraded shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Finally, Raymond James decreased their target price on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th.

Capital Southwest Stock Performance

Shares of CSWC stock traded down $0.04 during mid-day trading on Tuesday, reaching $21.31. The stock had a trading volume of 484,146 shares, compared to its average volume of 439,552. The firm's 50 day simple moving average is $20.22 and its 200 day simple moving average is $21.69. 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 firm has a market cap of $1.14 billion, a PE ratio of 15.11 and a beta of 0.94. Capital Southwest Co. has a one year low of $17.46 and a one year high of $27.23.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.08). The business had revenue of $52.34 million during the quarter, compared to the consensus estimate of $52.83 million. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. During the same quarter in the previous year, the firm posted $0.68 EPS. On average, analysts forecast that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 10.89%. The ex-dividend date of this dividend is Friday, June 13th. Capital Southwest's dividend payout ratio (DPR) is presently 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.