Generali Investments CEE investicni spolecnost a.s. Acquires Shares of 12,628 Capital Southwest Corporation (NASDAQ:CSWC)

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

Several other hedge funds have also added to or reduced their stakes in the business. Oppenheimer & Co. Inc. acquired a new stake in shares of Capital Southwest during the fourth quarter worth $326,000. Raymond James Financial Inc. acquired a new stake in shares of Capital Southwest during the fourth quarter worth $4,250,000. Rialto Wealth Management LLC acquired a new stake in shares of Capital Southwest during the fourth quarter worth $105,000. Naviter Wealth LLC bought a new position in shares of Capital Southwest in the fourth quarter worth $1,823,000. Finally, Corient Private Wealth LLC increased its position in shares of Capital Southwest by 49.6% in the fourth quarter. Corient Private Wealth LLC now owns 16,581 shares of the asset manager's stock worth $362,000 after purchasing an additional 5,494 shares during the period. Institutional investors and hedge funds own 23.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CSWC shares. JMP Securities upgraded Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price target on the stock in a research report on Tuesday, June 24th. Wall Street Zen upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Citigroup upgraded Capital Southwest to an "outperform" rating in a research report on Tuesday, June 24th. Raymond James Financial decreased their target price on 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, Citizens Jmp upgraded 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. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Capital Southwest has a consensus rating of "Moderate Buy" and a consensus price target of $23.60.

Capital Southwest Price Performance

CSWC remained flat at $22.74 during trading on Wednesday. The company's stock had a trading volume of 399,121 shares, compared to its average volume of 468,194. Capital Southwest Corporation has a 12-month low of $17.46 and a 12-month high of $27.23. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.18 and a quick ratio of 0.18. The business's fifty day simple moving average is $21.12 and its two-hundred day simple moving average is $21.57. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 15.36 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its 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). Capital Southwest had a return on equity of 14.40% and a net margin of 34.51%. The firm had revenue of $52.34 million for the quarter, compared to analyst estimates of $52.83 million. During the same period in the previous year, the company earned $0.68 earnings per share. Equities research analysts expect that Capital Southwest Corporation will post 2.54 EPS for the current fiscal year.

Capital Southwest Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 10.21%. Capital Southwest's dividend payout ratio (DPR) is currently 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.