Sovereign s Capital Management LLC Makes New $1.47 Million Investment in Capital Southwest Co. (NASDAQ:CSWC)

Sovereign s Capital Management LLC purchased a new position in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 67,575 shares of the asset manager's stock, valued at approximately $1,474,000. Sovereign s Capital Management LLC owned about 0.13% of Capital Southwest as of its most recent filing with the Securities & Exchange Commission.

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

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC traded up $0.01 during trading on Friday, hitting $20.60. 665,275 shares of the stock traded hands, compared to its average volume of 438,928. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The company has a fifty day moving average price of $20.59 and a two-hundred day moving average price of $21.89. Capital Southwest Co. has a 52-week low of $17.46 and a 52-week high of $27.23. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 14.61 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings data 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 net margin of 33.49% and a return on equity of 15.18%. The firm had revenue of $52.34 million during the quarter, compared to analysts' expectations of $52.83 million. During the same period in the previous year, the firm posted $0.68 EPS. As a group, equities analysts predict that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Friday, June 13th. This represents a $2.32 dividend on an annualized basis and a yield of 11.26%. Capital Southwest's payout ratio is 156.76%.

Wall Street Analyst Weigh In

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

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.