Generali Investments CEE investicni spolecnost a.s. Invests $282,000 in Capital Southwest Corporation (NASDAQ:CSWC)

Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,628 shares of the asset manager's stock, valued at approximately $282,000.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Capital Southwest by 135.3% in the 4th quarter. Bank of America Corp DE now owns 17,710 shares of the asset manager's stock valued at $386,000 after purchasing an additional 10,182 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Capital Southwest in the 4th quarter valued at approximately $475,000. Sound Income Strategies LLC increased its position in shares of Capital Southwest by 6.5% in the 1st quarter. Sound Income Strategies LLC now owns 616,016 shares of the asset manager's stock valued at $13,749,000 after purchasing an additional 37,475 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of Capital Southwest in the 4th quarter valued at approximately $326,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Capital Southwest in the 4th quarter valued at approximately $4,250,000. 23.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. JMP Securities raised shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price objective on the stock in a research report on Tuesday, June 24th. Citizens Jmp raised shares of Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 target price on the stock in a research report on Tuesday, June 24th. UBS Group dropped 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. Wall Street Zen raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Finally, B. Riley raised shares of Capital Southwest to a "strong-buy" rating in a research report on Monday, June 16th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Capital Southwest has an average rating of "Moderate Buy" and a consensus target price of $23.60.

Capital Southwest Stock Performance

NASDAQ:CSWC traded up $0.20 during trading hours on Friday, reaching $22.73. 368,512 shares of the company's stock were exchanged, compared to its average volume of 466,244. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 15.36 and a beta of 0.95. The company has a 50-day moving average of $21.03 and a 200 day moving average of $21.55. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.58. Capital Southwest Corporation has a 1-year low of $17.46 and a 1-year high of $27.23.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The asset manager reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by ($0.08). The business had revenue of $52.34 million for the quarter, compared to analyst estimates 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 prior year, the company earned $0.68 EPS. Research analysts anticipate that Capital Southwest Corporation will post 2.54 EPS for the current year.

Capital Southwest Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.1934 dividend. This represents a $2.32 annualized dividend and a dividend yield of 10.21%. The ex-dividend date of this dividend is Monday, September 15th. Capital Southwest's dividend payout ratio (DPR) 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.