19,129 Shares in Capital Southwest Co. (NASDAQ:CSWC) Bought by NewEdge Advisors LLC

NewEdge Advisors LLC acquired a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,129 shares of the asset manager's stock, valued at approximately $417,000.

Several other large investors have also bought and sold shares of CSWC. Guggenheim Capital LLC raised its stake in shares of Capital Southwest by 5.6% in the fourth quarter. Guggenheim Capital LLC now owns 23,612 shares of the asset manager's stock worth $515,000 after purchasing an additional 1,246 shares during the last quarter. Barclays PLC boosted its holdings in shares of Capital Southwest by 1.8% during the 4th quarter. Barclays PLC now owns 77,436 shares of the asset manager's stock valued at $1,690,000 after acquiring an additional 1,353 shares during the last quarter. Melia Wealth LLC grew its stake in shares of Capital Southwest by 3.3% in the fourth quarter. Melia Wealth LLC now owns 401,581 shares of the asset manager's stock worth $8,762,000 after acquiring an additional 12,831 shares during the period. Zuckerman Investment Group LLC raised its holdings in shares of Capital Southwest by 4.8% during the fourth quarter. Zuckerman Investment Group LLC now owns 672,468 shares of the asset manager's stock valued at $14,983,000 after purchasing an additional 31,009 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Capital Southwest during the fourth quarter valued at approximately $4,250,000. 23.42% of the stock is owned by hedge funds and other institutional investors.

Capital Southwest Stock Performance

Shares of Capital Southwest stock traded up $0.37 on Friday, hitting $20.51. 342,708 shares of the company's stock were exchanged, compared to its average volume of 432,465. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market capitalization of $1.04 billion, a PE ratio of 14.55 and a beta of 0.99. Capital Southwest Co. has a 1 year low of $17.46 and a 1 year high of $27.23. The company has a 50-day simple moving average of $21.12 and a 200-day simple moving average of $22.28.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. As a group, equities analysts anticipate that Capital Southwest Co. will post 2.54 EPS for the current 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 given a $0.58 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.32 annualized dividend and a dividend yield of 11.31%. Capital Southwest's payout ratio is 164.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CSWC shares. UBS Group decreased their target price on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a research note on Thursday, April 17th. StockNews.com raised Capital Southwest from a "sell" rating to a "hold" rating in a report on Saturday, April 19th.

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, industry consolidation, recapitalizations and growth capital investments.