River Road Asset Management LLC lowered its position in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 11.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 872,480 shares of the asset manager’s stock after selling 111,719 shares during the period. River Road Asset Management LLC owned approximately 5.45% of Capital Southwest Corporation worth $14,029,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Advisors Asset Management Inc. bought a new position in Capital Southwest Corporation during the second quarter worth approximately $179,000. Steinberg Global Asset Management increased its position in Capital Southwest Corporation by 8.1% in the second quarter. Steinberg Global Asset Management now owns 16,020 shares of the asset manager’s stock worth $258,000 after buying an additional 1,200 shares in the last quarter. Wedbush Securities Inc. increased its position in Capital Southwest Corporation by 27.5% in the second quarter. Wedbush Securities Inc. now owns 21,804 shares of the asset manager’s stock worth $351,000 after buying an additional 4,700 shares in the last quarter. Prudential Financial Inc. increased its position in Capital Southwest Corporation by 10.8% in the second quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock worth $362,000 after buying an additional 2,200 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Capital Southwest Corporation by 1.7% in the second quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock worth $1,846,000 after buying an additional 1,937 shares in the last quarter. 62.07% of the stock is owned by institutional investors.

Capital Southwest Corporation (NASDAQ CSWC) opened at 17.39 on Tuesday. Capital Southwest Corporation has a 1-year low of $13.81 and a 1-year high of $17.42. The firm has a market cap of $278.34 million, a P/E ratio of 10.55 and a beta of -0.49. The stock’s 50 day moving average is $16.45 and its 200-day moving average is $16.25.

Capital Southwest Corporation (NASDAQ:CSWC) last issued its quarterly earnings results on Wednesday, May 31st. The asset manager reported $0.22 EPS for the quarter. The company had revenue of $7.73 million for the quarter. Capital Southwest Corporation had a return on equity of 4.34% and a net margin of 96.98%. Analysts forecast that Capital Southwest Corporation will post $1.11 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This news story was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/capital-southwest-corporation-cswc-shares-sold-by-river-road-asset-management-llc/1529630.html.

CSWC has been the subject of a number of research analyst reports. National Bank Financial reaffirmed a “buy” rating and set a $22.00 price objective on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. National Securities initiated coverage on shares of Capital Southwest Corporation in a research note on Tuesday, June 27th. They set a “buy” rating and a $22.00 price objective for the company. BidaskClub raised shares of Capital Southwest Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. ValuEngine downgraded shares of Capital Southwest Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Janney Montgomery Scott initiated coverage on shares of Capital Southwest Corporation in a research note on Friday, June 30th. They set a “neutral” rating and a $18.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $20.67.

In other news, Director Thomas Duane Morgan purchased 3,100 shares of the business’s stock in a transaction dated Wednesday, June 7th. The shares were bought at an average cost of $16.26 per share, for a total transaction of $50,406.00. Following the completion of the acquisition, the director now directly owns 4,395 shares in the company, valued at approximately $71,462.70. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John H. Wilson purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, June 28th. The stock was purchased at an average price of $16.30 per share, for a total transaction of $81,500.00. Following the completion of the acquisition, the director now owns 17,000 shares of the company’s stock, valued at $277,100. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 5,500 shares of company stock worth $88,775. Corporate insiders own 5.90% of the company’s stock.

Capital Southwest Corporation Company Profile

Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.

Want to see what other hedge funds are holding CSWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Southwest Corporation (NASDAQ:CSWC).

Institutional Ownership by Quarter for Capital Southwest Corporation (NASDAQ:CSWC)

Receive News & Ratings for Capital Southwest Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.