Dimensional Fund Advisors LP Buys 37,990 Shares of CSW Industrials Inc (CSWI)
Dimensional Fund Advisors LP raised its stake in shares of CSW Industrials Inc (NASDAQ:CSWI) by 18.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 242,438 shares of the basic materials company’s stock after purchasing an additional 37,990 shares during the period. Dimensional Fund Advisors LP’s holdings in CSW Industrials were worth $10,752,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of CSW Industrials in the third quarter valued at about $129,000. Westwood Holdings Group Inc. purchased a new stake in shares of CSW Industrials in the second quarter worth about $186,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of CSW Industrials in the third quarter worth about $291,000. Voya Investment Management LLC lifted its position in shares of CSW Industrials by 13.9% in the second quarter. Voya Investment Management LLC now owns 8,436 shares of the basic materials company’s stock worth $326,000 after buying an additional 1,027 shares in the last quarter. Finally, Alliancebernstein L.P. purchased a new stake in shares of CSW Industrials in the second quarter worth about $348,000. 67.83% of the stock is owned by institutional investors and hedge funds.
Shares of CSW Industrials Inc (CSWI) opened at $47.75 on Tuesday. CSW Industrials Inc has a 52-week low of $34.05 and a 52-week high of $50.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.06 and a current ratio of 3.12. The stock has a market capitalization of $776.93, a P/E ratio of 39.79 and a beta of 1.35.
A number of equities research analysts recently commented on CSWI shares. Zacks Investment Research downgraded CSW Industrials from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub downgraded CSW Industrials from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Sidoti began coverage on CSW Industrials in a research report on Wednesday, December 20th. They set a “neutral” rating on the stock. Finally, B. Riley upped their price objective on CSW Industrials from $48.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. CSW Industrials presently has a consensus rating of “Hold” and an average target price of $55.50.
CSW Industrials Profile
CSW Industrials, Inc (CSWI) is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. The Industrial Products segment consists of specialty mechanical products; fire and smoke protection products; architecturally specified building products, and storage, filtration and application equipment.
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