Muzinich & Co. Inc. Grows Holdings in Capital Southwest Corporation $CSWC

Muzinich & Co. Inc. grew its position in Capital Southwest Corporation (NASDAQ:CSWC) by 21.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 273,265 shares of the asset manager’s stock after acquiring an additional 47,475 shares during the period. Capital Southwest comprises approximately 2.3% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 15th biggest position. Muzinich & Co. Inc. owned approximately 0.49% of Capital Southwest worth $5,974,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CSWC. Raymond James Financial Inc. raised its holdings in Capital Southwest by 54.3% in the 1st quarter. Raymond James Financial Inc. now owns 300,600 shares of the asset manager’s stock worth $6,709,000 after purchasing an additional 105,845 shares during the period. Kestra Advisory Services LLC increased its position in shares of Capital Southwest by 4.9% in the first quarter. Kestra Advisory Services LLC now owns 46,888 shares of the asset manager’s stock valued at $1,047,000 after buying an additional 2,197 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Capital Southwest during the 1st quarter worth approximately $360,000. Vident Advisory LLC lifted its position in shares of Capital Southwest by 72.7% during the 1st quarter. Vident Advisory LLC now owns 17,997 shares of the asset manager’s stock valued at $402,000 after buying an additional 7,576 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in Capital Southwest in the 1st quarter valued at $225,000. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CSWC shares. Capital One Financial set a $22.00 price objective on shares of Capital Southwest in a research report on Tuesday, November 4th. Noble Financial upgraded shares of Capital Southwest to a “buy” rating in a research report on Wednesday, November 5th. Raymond James Financial cut Capital Southwest from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 7th. Loop Capital reissued a “buy” rating and set a $23.00 target price on shares of Capital Southwest in a report on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Capital Southwest in a research note on Monday, December 22nd. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.64.

Capital Southwest Stock Down 0.2%

CSWC stock opened at $21.89 on Tuesday. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average of $21.20 and a two-hundred day moving average of $21.89. Capital Southwest Corporation has a 12 month low of $17.46 and a 12 month high of $23.86. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 13.60 and a beta of 0.76.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings results on Monday, November 3rd. The asset manager reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Capital Southwest had a net margin of 39.79% and a return on equity of 13.64%. The company had revenue of $56.95 million during the quarter, compared to analysts’ expectations of $55.37 million. During the same quarter last year, the company earned $0.66 earnings per share. As a group, analysts forecast 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, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.1934 dividend. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date is Friday, March 13th. Capital Southwest’s payout ratio is presently 144.10%.

Capital Southwest Company Profile

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.