Capital Southwest Corporation (NASDAQ:CSWC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Capital Southwest Corporation is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. The Company’s investments are focused on early-stage financings, expansion financings, management buyouts and recapitalizations in a broad range of industry segments. The portfolio is a composite of companies in which the Company has major interests as well as a number of developing companies and marketable securities of established publicly-owned companies. “

CSWC has been the topic of several other reports. National Securities reissued a “buy” rating and issued a $22.00 target price on shares of Capital Southwest Corporation in a report on Friday, August 11th. National Bank Financial reissued a “buy” rating and issued a $22.00 target price on shares of Capital Southwest Corporation in a report on Wednesday, June 28th. BidaskClub raised Capital Southwest Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Robert W. Baird began coverage on Capital Southwest Corporation in a report on Wednesday. They issued an “outperform” rating and a $19.00 target price on the stock. Finally, ValuEngine downgraded Capital Southwest Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Capital Southwest Corporation has a consensus rating of “Buy” and an average price target of $20.25.

Shares of Capital Southwest Corporation (NASDAQ CSWC) opened at 16.65 on Wednesday. Capital Southwest Corporation has a 52 week low of $13.81 and a 52 week high of $17.43. The company has a market cap of $266.50 million, a P/E ratio of 10.10 and a beta of -0.49. The firm’s 50-day moving average price is $16.55 and its 200 day moving average price is $16.28.

Capital Southwest Corporation (NASDAQ:CSWC) last announced its earnings results on Wednesday, May 31st. The asset manager reported $0.22 EPS for the quarter. The business 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%. On average, equities analysts predict that Capital Southwest Corporation will post $1.05 EPS for the current fiscal year.

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In related 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 price of $16.26 per share, with a total value of $50,406.00. Following the purchase, the director now directly owns 4,395 shares in the company, valued at approximately $71,462.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Moab Capital Partners Llc sold 53,270 shares of the stock in a transaction on Monday, August 28th. The shares were sold at an average price of $17.30, for a total value of $921,571.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 57,770 shares of company stock worth $994,346. Company insiders own 5.90% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of CSWC. Advisors Asset Management Inc. bought a new position in Capital Southwest Corporation during the second quarter worth $179,000. JPMorgan Chase & Co. increased its position in Capital Southwest Corporation by 8.3% in the second quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock worth $253,000 after buying an additional 1,207 shares during the period. 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 during the period. Bard Associates Inc. bought a new position in Capital Southwest Corporation during the second quarter worth $263,000. Finally, 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 during the period. 62.07% of the stock is currently owned by institutional investors.

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.

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