Quantbot Technologies LP Has $1.37 Million Position in Capital Southwest Corporation $CSWC

Key Points

• Quantbot Technologies LP increased its stake in Capital Southwest Corporation by 68.0% during the first quarter, owning approximately 0.12% of the company, valued at $1,374,000.
• Recent analyst upgrades have positively impacted Capital Southwest's stock rating, with a consensus indicating a Moderate Buy and an average price target of $24.30.
• Capital Southwest announced a monthly dividend of $0.1934 per share, representing a significant dividend yield of 10.3% and a payout ratio of 140.61%.

Quantbot Technologies LP boosted its stake in shares of Capital Southwest Corporation (NASDAQ:CSWC - Free Report) by 68.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 61,553 shares of the asset manager's stock after buying an additional 24,922 shares during the period. Quantbot Technologies LP owned approximately 0.12% of Capital Southwest worth $1,374,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CSWC. Ameriflex Group Inc. acquired a new stake in Capital Southwest during the 4th quarter worth approximately $33,000. Quarry LP raised its holdings in Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager's stock worth $46,000 after buying an additional 732 shares during the period. Garde Capital Inc. acquired a new stake in Capital Southwest during the 1st quarter worth approximately $54,000. Capital Analysts LLC raised its holdings in Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager's stock worth $56,000 after buying an additional 669 shares during the period. Finally, Focus Partners Wealth raised its holdings in Capital Southwest by 6.6% during the 4th quarter. Focus Partners Wealth now owns 9,464 shares of the asset manager's stock worth $207,000 after buying an additional 585 shares during the period. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

CSWC stock traded up $0.04 during midday trading on Wednesday, reaching $22.66. 287,136 shares of the company were exchanged, compared to its average volume of 567,218. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.19 and a quick ratio of 0.19. The business has a 50-day moving average price of $22.57 and a two-hundred day moving average price of $21.74. Capital Southwest Corporation has a one year low of $17.46 and a one year high of $25.90. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 13.73 and a beta of 0.98.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The asset manager reported $0.59 EPS for the quarter, hitting analysts' consensus estimates of $0.59. Capital Southwest had a net margin of 39.95% and a return on equity of 14.17%. The firm had revenue of $55.95 million during the quarter, compared to analysts' expectations of $54.36 million. During the same period in the previous year, the business posted $0.69 earnings per share. Equities research analysts forecast that Capital Southwest Corporation will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were paid a dividend of $0.1934 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a c) annualized dividend and a yield of 10.2%. Capital Southwest's payout ratio is presently 140.61%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Citigroup upgraded shares of Capital Southwest to an "outperform" rating in a report on Tuesday, June 24th. B. Riley lifted their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a "buy" rating in a report on Friday, August 8th. UBS Group lifted their price objective on shares of Capital Southwest from $21.00 to $22.50 and gave the company a "neutral" rating in a report on Wednesday, July 16th. Raymond James Financial lifted their price objective on shares of Capital Southwest from $23.00 to $25.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Finally, JMP Securities upgraded 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 report on Tuesday, June 24th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.30.

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.