Muzinich & Co. Inc. Purchases 26,949 Shares of Capital Southwest Corporation (NASDAQ:CSWC)

Muzinich & Co. Inc. increased its stake in Capital Southwest Corporation (NASDAQ:CSWC - Free Report) by 24.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,371 shares of the asset manager's stock after purchasing an additional 26,949 shares during the period. Capital Southwest makes up 1.7% of Muzinich & Co. Inc.'s holdings, making the stock its 16th largest position. Muzinich & Co. Inc. owned approximately 0.27% of Capital Southwest worth $3,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in shares of Capital Southwest in the 4th quarter valued at about $33,000. Quarry LP raised its holdings in shares of Capital Southwest by 52.5% in the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock valued at $46,000 after purchasing an additional 732 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of Capital Southwest by 243.2% in 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 during the period. Garde Capital Inc. bought a new stake in shares of Capital Southwest in the 1st quarter valued at about $54,000. Finally, Capital Analysts LLC raised its holdings in shares of Capital Southwest by 35.6% in 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 during the period. 23.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CSWC has been the topic of several research analyst reports. B. Riley raised shares of Capital Southwest to a "strong-buy" rating in a report on Monday, June 16th. JMP Securities raised shares of Capital Southwest from a "market perform" rating to a "market outperform" rating and set a $25.00 price target on the stock in a report on Tuesday, June 24th. Raymond James Financial decreased their price objective on Capital Southwest from $24.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Citizens Jmp raised Capital Southwest from a "market perform" rating to an "outperform" rating and set a $25.00 price objective on the stock in a report on Tuesday, June 24th. Finally, UBS Group upped their price objective on Capital Southwest from $21.00 to $22.50 and gave the company a "neutral" rating in a report on Wednesday. Two 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 currently has an average rating of "Moderate Buy" and a consensus target price of $24.00.

Capital Southwest Price Performance

Shares of NASDAQ:CSWC traded up $0.01 during trading on Friday, reaching $23.26. The company had a trading volume of 305,556 shares, compared to its average volume of 481,601. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58. Capital Southwest Corporation has a 12 month low of $17.46 and a 12 month high of $26.21. The company has a fifty day moving average of $21.58 and a two-hundred day moving average of $21.66. The stock has a market capitalization of $1.25 billion, a P/E ratio of 15.72 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its earnings results on Wednesday, May 14th. The asset manager reported $0.54 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.08). The business had revenue of $52.34 million for the quarter, compared to the consensus estimate of $52.83 million. Capital Southwest had a net margin of 34.51% and a return on equity of 14.40%. During the same period in the prior year, the business posted $0.68 EPS. Equities research analysts forecast that Capital Southwest Corporation will post 2.54 earnings per share for the current year.

Capital Southwest Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.1934 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.32 annualized dividend and a dividend yield of 9.98%. Capital Southwest's dividend payout ratio is 156.76%.

About Capital Southwest

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.