Capital Southwest Corporation $CSWC is Epiq Partners LLC’s 10th Largest Position

Epiq Partners LLC raised its stake in Capital Southwest Corporation (NASDAQ:CSWC) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 295,429 shares of the asset manager’s stock after purchasing an additional 28,629 shares during the quarter. Capital Southwest accounts for 3.1% of Epiq Partners LLC’s investment portfolio, making the stock its 10th biggest holding. Epiq Partners LLC owned about 0.51% of Capital Southwest worth $6,458,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of CSWC. Tower Research Capital LLC TRC lifted its holdings in shares of Capital Southwest by 13,307.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after purchasing an additional 1,863 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in Capital Southwest by 58.5% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 2,135 shares of the asset manager’s stock valued at $47,000 after buying an additional 788 shares during the period. State of Alaska Department of Revenue purchased a new position in Capital Southwest during the 3rd quarter worth $48,000. First Horizon Advisors Inc. lifted its stake in shares of Capital Southwest by 1,214.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,628 shares of the asset manager’s stock worth $58,000 after acquiring an additional 2,428 shares during the period. Finally, CWM LLC lifted its stake in shares of Capital Southwest by 26.6% in the 2nd quarter. CWM LLC now owns 2,930 shares of the asset manager’s stock worth $65,000 after acquiring an additional 615 shares during the period. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Trading Down 4.0%

Shares of CSWC opened at $21.87 on Monday. The firm’s 50-day moving average is $22.81 and its two-hundred day moving average is $22.05. Capital Southwest Corporation has a twelve month low of $17.46 and a twelve month high of $23.84. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.32 billion, a P/E ratio of 12.08 and a beta of 0.75.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Monday, February 2nd. The asset manager reported $0.64 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.64. Capital Southwest had a return on equity of 13.76% and a net margin of 45.46%.The business had revenue of $61.45 million for the quarter, compared to analysts’ expectations of $57.37 million. During the same quarter in the prior year, the firm posted $0.63 EPS. On average, research analysts predict that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.1934 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 10.6%. Capital Southwest’s dividend payout ratio is 128.18%.

Analysts Set New Price Targets

Several research analysts recently issued reports on CSWC shares. Loop Capital reissued a “buy” rating and set a $23.00 price target on shares of Capital Southwest in a report on Wednesday, November 5th. Capital One Financial set a $22.00 target price on Capital Southwest in a research report on Tuesday, November 4th. Zacks Research raised Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Noble Financial raised Capital Southwest to a “buy” rating in a report on Wednesday, November 5th. Finally, Weiss Ratings upgraded Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, January 28th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $23.42.

About Capital Southwest

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.