Ladenburg Thalmann Financial Services Inc. lessened its position in CSW Industrials Inc (NASDAQ:CSWI) by 10.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 21,474 shares of the basic materials company’s stock after selling 2,400 shares during the period. Ladenburg Thalmann Financial Services Inc. owned approximately 0.13% of CSW Industrials worth $952,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its holdings in shares of CSW Industrials by 7.4% in the third quarter. Janus Henderson Group PLC now owns 964,571 shares of the basic materials company’s stock valued at $42,779,000 after purchasing an additional 66,815 shares in the last quarter. Zuckerman Investment Group LLC lifted its holdings in shares of CSW Industrials by 0.4% in the third quarter. Zuckerman Investment Group LLC now owns 966,214 shares of the basic materials company’s stock valued at $42,852,000 after purchasing an additional 4,055 shares in the last quarter. King Luther Capital Management Corp bought a new position in shares of CSW Industrials in the third quarter valued at approximately $2,048,000. Dimensional Fund Advisors LP lifted its holdings in shares of CSW Industrials by 18.6% in the third quarter. Dimensional Fund Advisors LP now owns 242,438 shares of the basic materials company’s stock valued at $10,752,000 after purchasing an additional 37,990 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of CSW Industrials by 8.6% in the third quarter. Schwab Charles Investment Management Inc. now owns 72,785 shares of the basic materials company’s stock valued at $3,229,000 after purchasing an additional 5,753 shares in the last quarter. 67.79% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently weighed in on CSWI shares. FBR & Co restated a “buy” rating on shares of CSW Industrials in a report on Friday, September 22nd. Zacks Investment Research upgraded CSW Industrials from a “hold” rating to a “strong-buy” rating and set a $50.00 target price on the stock in a report on Friday, September 22nd. B. Riley restated a “buy” rating and issued a $60.00 target price (up previously from $48.00) on shares of CSW Industrials in a report on Wednesday, November 1st. Finally, Sidoti started coverage on CSW Industrials in a report on Wednesday. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $55.00.

CSW Industrials Inc (CSWI) opened at $46.40 on Thursday. CSW Industrials Inc has a fifty-two week low of $34.05 and a fifty-two week high of $50.00. The company has a quick ratio of 2.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $741.00 and a P/E ratio of 25.24.

CSW Industrials (NASDAQ:CSWI) last posted its earnings results on Wednesday, November 8th. The basic materials company reported $0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.01. CSW Industrials had a return on equity of 10.77% and a net margin of 5.39%. The company had revenue of $90.40 million for the quarter, compared to analyst estimates of $91.52 million. During the same quarter last year, the company earned $0.48 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. sell-side analysts forecast that CSW Industrials Inc will post 1.99 EPS for the current fiscal year.

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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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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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