MML Investors Services LLC Acquires 16,991 Shares of Capital Southwest Co. (NASDAQ:CSWC)

MML Investors Services LLC grew its holdings in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 16.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 119,721 shares of the asset manager's stock after purchasing an additional 16,991 shares during the quarter. MML Investors Services LLC owned approximately 0.24% of Capital Southwest worth $2,612,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CSWC. Promus Capital LLC acquired a new position in Capital Southwest in the fourth quarter valued at approximately $30,000. Nomura Asset Management Co. Ltd. boosted its position 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 worth $48,000 after purchasing an additional 1,571 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Capital Southwest during the fourth quarter worth $59,000. Rialto Wealth Management LLC bought a new stake in Capital Southwest in the fourth quarter valued at about $105,000. Finally, Blue Trust Inc. boosted its holdings in Capital Southwest by 36.3% during the fourth quarter. Blue Trust Inc. now owns 9,741 shares of the asset manager's stock worth $213,000 after buying an additional 2,594 shares during the last quarter. Institutional investors and hedge funds own 23.42% of the company's stock.

Capital Southwest Stock Up 2.1 %

CSWC stock traded up $0.42 during mid-day trading on Friday, hitting $20.56. 149,032 shares of the company were exchanged, compared to its average volume of 430,140. The firm's 50 day simple moving average is $21.17 and its 200 day simple moving average is $22.34. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18. Capital Southwest Co. has a 1-year low of $17.46 and a 1-year high of $27.23. The firm has a market cap of $1.04 billion, a P/E ratio of 14.56 and a beta of 0.99.

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

Capital Southwest Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.29%. The ex-dividend date is Friday, June 13th. Capital Southwest's dividend payout ratio is currently 164.54%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. UBS Group cut their price target 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. StockNews.com upgraded shares of Capital Southwest from a "sell" rating to a "hold" rating in a research 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.