Capital Southwest (CSWC) Stock Rating Lowered by BidaskClub
BidaskClub lowered shares of Capital Southwest (NASDAQ:CSWC) from a hold rating to a sell rating in a research report report published on Wednesday.
CSWC has been the topic of a number of other reports. Zacks Investment Research cut Capital Southwest from a hold rating to a sell rating in a report on Wednesday, August 30th. National Securities reaffirmed a buy rating and issued a $22.00 target price on shares of Capital Southwest in a report on Thursday, November 9th. Ladenburg Thalmann Financial Services began coverage on Capital Southwest in a report on Thursday, November 30th. They issued a buy rating and a $19.00 target price on the stock. Finally, Robert W. Baird began coverage on Capital Southwest in a report on Wednesday, August 30th. They issued an outperform rating and a $19.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $20.00.
Capital Southwest (NASDAQ:CSWC) opened at $16.80 on Wednesday. Capital Southwest has a twelve month low of $15.04 and a twelve month high of $17.76. The company has a market capitalization of $262.24, a price-to-earnings ratio of 9.71 and a beta of -0.55. The company has a quick ratio of 10.42, a current ratio of 10.41 and a debt-to-equity ratio of 0.19.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Capital Southwest’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a yield of 6.19%. Capital Southwest’s dividend payout ratio (DPR) is currently 60.12%.
In other Capital Southwest news, VP Douglas M. Kelley purchased 1,500 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were acquired at an average cost of $17.00 per share, with a total value of $25,500.00. Following the completion of the acquisition, the vice president now directly owns 66,135 shares in the company, valued at $1,124,295. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.90% of the stock is owned by company insiders.
A number of large investors have recently bought and sold shares of the business. Punch & Associates Investment Management Inc. raised its holdings in Capital Southwest by 4.7% during the second quarter. Punch & Associates Investment Management Inc. now owns 1,784,841 shares of the asset manager’s stock valued at $28,700,000 after acquiring an additional 79,522 shares during the period. Zuckerman Investment Group LLC raised its holdings in Capital Southwest by 6.9% during the third quarter. Zuckerman Investment Group LLC now owns 1,356,695 shares of the asset manager’s stock valued at $23,240,000 after acquiring an additional 87,408 shares during the period. Russell Investments Group Ltd. raised its holdings in Capital Southwest by 1.7% during the second quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock valued at $1,846,000 after acquiring an additional 1,937 shares during the period. New York State Common Retirement Fund raised its holdings in Capital Southwest by 12.3% during the second quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock valued at $1,658,000 after acquiring an additional 11,299 shares during the period. Finally, Cove Street Capital LLC raised its holdings in Capital Southwest by 9.5% during the second quarter. Cove Street Capital LLC now owns 95,657 shares of the asset manager’s stock valued at $1,538,000 after acquiring an additional 8,300 shares during the period. 60.03% of the stock is currently owned by institutional investors and hedge funds.
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Capital Southwest 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.
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