Jane Street Group LLC Takes $475,000 Position in Capital Southwest Co. (NASDAQ:CSWC)

Jane Street Group LLC purchased a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 21,748 shares of the asset manager's stock, valued at approximately $475,000.

Other hedge funds have also bought and sold shares of the company. Promus Capital LLC purchased a new position in Capital Southwest during the fourth quarter valued at $30,000. Quarry LP boosted its stake in Capital Southwest by 52.5% in the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock worth $46,000 after purchasing an additional 732 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock valued at $48,000 after purchasing an additional 1,571 shares in the last quarter. Capital Analysts LLC increased its stake in 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 purchasing an additional 669 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in Capital Southwest in the fourth quarter worth about $59,000. Institutional investors own 23.42% of the company's stock.

Capital Southwest Stock Performance

NASDAQ CSWC traded up $0.02 during trading hours on Friday, hitting $20.77. The company's stock had a trading volume of 285,339 shares, compared to its average volume of 439,862. The company's 50 day simple moving average is $20.41 and its two-hundred day simple moving average is $21.79. Capital Southwest Co. has a 12 month low of $17.46 and a 12 month high of $27.23. The company has a market cap of $1.12 billion, a P/E ratio of 14.73 and a beta of 0.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The asset manager reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.62 by ($0.08). The company had revenue of $52.34 million during the quarter, compared to the consensus estimate of $52.83 million. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. During the same quarter in the prior year, the firm earned $0.68 earnings per share. As a group, sell-side analysts expect that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 11.17%. The ex-dividend date is Friday, June 13th. Capital Southwest's payout ratio is currently 156.76%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Raymond James cut their price target on shares of Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Wall Street Zen upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. Finally, UBS Group reduced their target price on Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a report on Thursday, April 17th.

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.