JPMorgan Chase & Co. Increases Stake in Capital Southwest Co. (NASDAQ:CSWC)

JPMorgan Chase & Co. lifted its holdings in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 934.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,259 shares of the asset manager's stock after buying an additional 35,465 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.08% of Capital Southwest worth $857,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Barclays PLC lifted its position in shares of Capital Southwest by 1.7% during the third quarter. Barclays PLC now owns 76,083 shares of the asset manager's stock worth $1,924,000 after purchasing an additional 1,263 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Capital Southwest by 24.6% during the 3rd quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager's stock valued at $3,893,000 after buying an additional 30,423 shares in the last quarter. Confluence Investment Management LLC boosted its position in Capital Southwest by 1.8% in the 4th quarter. Confluence Investment Management LLC now owns 100,242 shares of the asset manager's stock valued at $2,187,000 after buying an additional 1,779 shares during the period. Harbor Capital Advisors Inc. grew its stake in Capital Southwest by 2.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 398,887 shares of the asset manager's stock worth $8,704,000 after acquiring an additional 11,240 shares in the last quarter. Finally, Sanders Morris Harris LLC raised its stake in shares of Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager's stock valued at $17,579,000 after acquiring an additional 178,420 shares in the last quarter. 23.42% of the stock is owned by institutional investors.

Capital Southwest Stock Down 1.2 %

Shares of CSWC traded down $0.24 during trading hours on Thursday, hitting $20.14. The company had a trading volume of 386,155 shares, compared to its average volume of 430,349. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $1.02 billion, a PE ratio of 14.28 and a beta of 0.99. Capital Southwest Co. has a one year low of $17.46 and a one year high of $27.23. The company's fifty day moving average price is $21.23 and its two-hundred day moving average price is $22.37.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. As a group, equities analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.32 annualized dividend and a dividend yield of 11.52%. Capital Southwest's dividend payout ratio is presently 164.54%.

Analyst Ratings Changes

Several brokerages have recently commented on CSWC. StockNews.com upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th. UBS Group cut their target price on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating on the stock 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.