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

Muzinich & Co. Inc. lifted its position in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) by 24.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,371 shares of the asset manager's stock after acquiring an additional 26,949 shares during the quarter. Capital Southwest makes up approximately 1.7% of Muzinich & Co. Inc.'s portfolio, making the stock its 16th biggest position. Muzinich & Co. Inc. owned 0.27% of Capital Southwest worth $3,066,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CSWC. Tectonic Advisors LLC raised its position in Capital Southwest by 10.7% during the 1st quarter. Tectonic Advisors LLC now owns 440,473 shares of the asset manager's stock worth $9,831,000 after purchasing an additional 42,465 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of Capital Southwest by 4.0% in the 1st quarter. Apollon Wealth Management LLC now owns 21,498 shares of the asset manager's stock valued at $480,000 after buying an additional 817 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Capital Southwest in the 1st quarter valued at about $282,000. Mutual Advisors LLC bought a new stake in shares of Capital Southwest in the 1st quarter valued at about $388,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in shares of Capital Southwest by 30.4% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 134,178 shares of the asset manager's stock valued at $2,995,000 after buying an additional 31,299 shares during the last quarter. Institutional investors and hedge funds own 23.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CSWC shares. Raymond James Financial reduced their price target 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. Citigroup upgraded Capital Southwest to an "outperform" rating in a research report on Tuesday, June 24th. Wall Street Zen raised Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. 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 research note on Tuesday, June 24th. Finally, UBS Group boosted their price objective on Capital Southwest from $21.00 to $22.50 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $24.00.

Capital Southwest Stock Down 0.6%

CSWC stock traded down $0.13 during trading on Monday, reaching $23.13. 179,131 shares of the stock were exchanged, compared to its average volume of 480,469. The firm's 50 day moving average is $21.58 and its 200 day moving average is $21.65. Capital Southwest Corporation has a twelve month low of $17.46 and a twelve month high of $26.21. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.58. The firm has a market cap of $1.24 billion, a P/E ratio of 15.63 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last posted 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). 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 last year, the company posted $0.68 earnings per share. As a group, research analysts forecast that Capital Southwest Corporation will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The business also recently disclosed 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 10.03%. The ex-dividend date is Monday, September 15th. Capital Southwest's dividend payout ratio (DPR) is presently 156.76%.

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.