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

Epiq Partners LLC bought a new stake in Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 255,400 shares of the asset manager's stock, valued at approximately $5,701,000. Capital Southwest comprises 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC grew its position in Capital Southwest by 1.7% in the 3rd quarter. Barclays PLC now owns 76,083 shares of the asset manager's stock worth $1,924,000 after purchasing an additional 1,263 shares during the last quarter. Jane Street Group LLC acquired a new stake in Capital Southwest in the 4th quarter worth $475,000. Raymond James Financial Inc. acquired a new stake in Capital Southwest in the 4th quarter worth $4,250,000. Oppenheimer & Co. Inc. acquired a new stake in Capital Southwest in the 4th quarter worth $326,000. Finally, JPMorgan Chase & Co. grew its position in Capital Southwest by 934.8% in the 4th quarter. JPMorgan Chase & Co. now owns 39,259 shares of the asset manager's stock worth $857,000 after purchasing an additional 35,465 shares during the last quarter. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Wall Street Zen upgraded shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Raymond James decreased their target price on shares of Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, May 16th. Finally, UBS Group decreased their target price on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating on the stock in a research report on Thursday, April 17th.

Capital Southwest Price Performance

CSWC stock traded up $0.29 during trading on Monday, hitting $21.35. 499,433 shares of the stock traded hands, compared to its average volume of 438,668. Capital Southwest Co. has a one year low of $17.46 and a one year high of $27.23. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 15.14 and a beta of 0.94. The company has a 50 day simple moving average of $20.23 and a 200 day simple moving average of $21.69. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly earnings results 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). Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. The firm had revenue of $52.34 million for the quarter, compared to the consensus estimate of $52.83 million. During the same period in the prior year, the business earned $0.68 earnings per share. Equities analysts expect that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 10.87%. The ex-dividend date of this dividend is Friday, June 13th. Capital Southwest's dividend payout ratio is presently 156.76%.

Capital Southwest Company 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.