Capital Southwest Co. (NASDAQ:CSWC) Director Acquires $10,134.00 in Stock

Capital Southwest Co. (NASDAQ:CSWC) Director Ramona Lynn Rogers-Windsor purchased 450 shares of Capital Southwest stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average price of $22.52 per share, for a total transaction of $10,134.00. Following the completion of the acquisition, the director now owns 17,238 shares of the company’s stock, valued at approximately $388,199.76. This trade represents a 2.68 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Capital Southwest Trading Up 0.2 %

CSWC traded up $0.05 on Wednesday, reaching $22.53. 498,637 shares of the company traded hands, compared to its average volume of 375,748. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The company has a market cap of $1.14 billion, a P/E ratio of 15.98 and a beta of 1.21. The firm has a fifty day simple moving average of $22.69 and a two-hundred day simple moving average of $23.30. Capital Southwest Co. has a one year low of $20.68 and a one year high of $27.23.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. As a group, equities research analysts expect that Capital Southwest Co. will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date of this dividend is Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Capital Southwest from a “hold” rating to a “sell” rating in a research report on Monday.

Hedge Funds Weigh In On Capital Southwest

Several institutional investors have recently made changes to their positions in CSWC. Promus Capital LLC bought a new position in Capital Southwest during the 4th quarter worth about $30,000. Ameriflex Group Inc. purchased a new stake in shares of Capital Southwest in the 4th quarter worth approximately $33,000. Quarry LP bought a new position in shares of Capital Southwest during the third quarter valued at approximately $35,000. Nomura Asset Management Co. Ltd. increased its holdings in Capital Southwest by 243.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock valued at $48,000 after buying an additional 1,571 shares during the period. Finally, Capital Analysts LLC increased its holdings in Capital Southwest by 35.6% during the fourth quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock valued at $56,000 after buying an additional 669 shares during the period. Hedge funds and other institutional investors own 23.42% of the company’s stock.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.