94,060 Shares in Capital Southwest Co. (NASDAQ:CSWC) Purchased by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. purchased a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 94,060 shares of the asset manager's stock, valued at approximately $2,229,000. Capital Southwest makes up about 0.9% of Total Clarity Wealth Management Inc.'s investment portfolio, making the stock its 25th largest position. Total Clarity Wealth Management Inc. owned 0.24% of Capital Southwest at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in Capital Southwest in the fourth quarter worth about $26,000. Tower Research Capital LLC TRC purchased a new position in shares of Capital Southwest in the first quarter worth about $78,000. Quantbot Technologies LP increased its stake in shares of Capital Southwest by 4,740.0% in the first quarter. Quantbot Technologies LP now owns 4,840 shares of the asset manager's stock worth $114,000 after purchasing an additional 4,740 shares in the last quarter. Washington Trust Advisors Inc. increased its stake in shares of Capital Southwest by 36.1% in the third quarter. Washington Trust Advisors Inc. now owns 5,000 shares of the asset manager's stock worth $114,000 after purchasing an additional 1,326 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Capital Southwest by 26.8% in the fourth quarter. Bank of America Corp DE now owns 6,143 shares of the asset manager's stock worth $105,000 after purchasing an additional 1,298 shares in the last quarter. 23.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CSWC has been the subject of several recent research reports. Raymond James lifted their target price on shares of Capital Southwest from $24.00 to $26.50 and gave the stock an "outperform" rating in a research note on Wednesday, January 31st. JMP Securities reaffirmed a "market outperform" rating and set a $26.00 price objective on shares of Capital Southwest in a research note on Tuesday, March 26th. Finally, B. Riley boosted their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a "neutral" rating in a research note on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $23.88.

Capital Southwest Trading Up 1.0 %

Capital Southwest stock traded up $0.25 during mid-day trading on Friday, reaching $24.87. 114,404 shares of the company traded hands, compared to its average volume of 401,089. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.14 and a quick ratio of 0.14. The firm's 50 day moving average price is $24.21 and its 200 day moving average price is $23.36. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 10.58 and a beta of 1.21. Capital Southwest Co. has a 52-week low of $17.22 and a 52-week high of $26.17.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The asset manager reported $0.70 EPS for the quarter, beating the consensus estimate of $0.66 by $0.04. The company had revenue of $48.57 million for the quarter, compared to the consensus estimate of $45.12 million. Capital Southwest had a net margin of 52.16% and a return on equity of 15.82%. During the same period in the prior year, the firm posted $0.62 EPS. On average, analysts anticipate that Capital Southwest Co. will post 2.69 earnings per share for the current fiscal year.

Capital Southwest Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 10.13%. The ex-dividend date was Thursday, March 14th. Capital Southwest's payout ratio is 97.02%.

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.