Capital Southwest (NASDAQ:CSWC) Cut to Market Perform at JMP Securities

Capital Southwest (NASDAQ:CSWC - Get Free Report) was downgraded by analysts at JMP Securities from an "outperform" rating to a "market perform" rating in a note issued to investors on Wednesday, MarketBeat reports.

CSWC has been the subject of a number of other reports. Raymond James raised their price target on Capital Southwest from $24.00 to $26.50 and gave the stock an "outperform" rating in a report on Wednesday, January 31st. B. Riley increased their price target on shares of Capital Southwest from $23.50 to $24.00 and gave the stock a "neutral" rating in a report on Wednesday, January 31st. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $25.50.

Capital Southwest Stock Performance

Shares of CSWC stock traded down $0.81 during trading on Wednesday, reaching $26.39. 640,144 shares of the company's stock traded hands, compared to its average volume of 344,963. Capital Southwest has a 1 year low of $17.60 and a 1 year high of $27.22. The company has a market capitalization of $1.13 billion, a P/E ratio of 11.23 and a beta of 1.19. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45. The firm's 50-day moving average is $25.15 and its 200 day moving average is $24.10.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CSWC. Total Clarity Wealth Management Inc. purchased a new position in Capital Southwest in the 4th quarter worth approximately $2,229,000. Van ECK Associates Corp increased its position in shares of Capital Southwest by 10.6% during the 4th quarter. Van ECK Associates Corp now owns 731,498 shares of the asset manager's stock valued at $17,337,000 after purchasing an additional 70,093 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Capital Southwest by 68.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 103,735 shares of the asset manager's stock valued at $2,376,000 after acquiring an additional 41,993 shares during the last quarter. USA Financial Formulas purchased a new position in shares of Capital Southwest during the fourth quarter worth approximately $47,000. Finally, Raymond James Trust N.A. lifted its holdings in shares of Capital Southwest by 9.9% in the 4th quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager's stock worth $411,000 after acquiring an additional 1,563 shares during the last quarter. Hedge funds and other institutional investors own 23.42% of the company's stock.

About Capital Southwest

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.