Two Sigma Advisers LP Increases Position in Capital Southwest Co. (NASDAQ:CSWC)

Two Sigma Advisers LP boosted its holdings in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 17.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 774,600 shares of the asset manager's stock after buying an additional 114,000 shares during the quarter. Two Sigma Advisers LP owned approximately 1.53% of Capital Southwest worth $16,902,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Promus Capital LLC purchased a new position in Capital Southwest in the fourth quarter valued at $30,000. Quarry LP lifted its position in Capital Southwest by 52.5% in the fourth 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 last quarter. Nomura Asset Management Co. Ltd. lifted its position in Capital Southwest by 243.2% in the fourth 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 lifted its position in Capital Southwest by 35.6% in the fourth 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. purchased a new stake in Capital Southwest in the fourth quarter valued at $59,000. Hedge funds and other institutional investors own 23.42% of the company's stock.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC traded up $0.19 on Tuesday, reaching $20.79. The company's stock had a trading volume of 185,636 shares, compared to its average volume of 439,396. The stock's 50-day moving average is $20.53 and its two-hundred day moving average is $21.84. Capital Southwest Co. has a 52-week low of $17.46 and a 52-week high of $27.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market capitalization of $1.12 billion, a P/E ratio of 14.75 and a beta of 0.95.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its 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). Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. The business 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 company posted $0.68 earnings per share. As a group, sell-side analysts forecast that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 11.16%. Capital Southwest's payout ratio is 156.76%.

Analyst Upgrades and Downgrades

CSWC has been the subject of a number of research reports. Raymond James reduced their price target 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. Wall Street Zen raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Saturday, April 19th. Finally, UBS Group reduced their price target on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a research 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.