Capital Southwest Co. (NASDAQ:CSWC - Get Free Report) Director Ramona Lynn Rogers-Windsor bought 450 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were bought at an average cost of $22.52 per share, with a total value of $10,134.00. Following the completion of the purchase, the director now directly owns 17,238 shares in the company, valued at $388,199.76. This represents a 2.68 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Capital Southwest Stock Down 1.3 %
NASDAQ:CSWC traded down $0.29 during trading hours on Friday, hitting $22.37. The company's stock had a trading volume of 611,741 shares, compared to its average volume of 380,171. Capital Southwest Co. has a 52-week low of $20.68 and a 52-week high of $27.23. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $1.13 billion, a P/E ratio of 15.87 and a beta of 1.21. The stock has a fifty day moving average of $22.70 and a 200-day moving average of $23.25.
Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 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%. On average, equities analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current year.
Capital Southwest Cuts Dividend
The business also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $2.32 annualized dividend and a dividend yield of 10.37%. Capital Southwest's dividend payout ratio is presently 164.54%.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Capital Southwest from a "hold" rating to a "sell" rating in a research note on Monday, March 24th.
Check Out Our Latest Analysis on Capital Southwest
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of CSWC. B. Riley Wealth Advisors Inc. boosted its stake in Capital Southwest by 8.4% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 50,626 shares of the asset manager's stock valued at $1,105,000 after acquiring an additional 3,941 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Capital Southwest in the 4th quarter valued at about $33,000. Sunbelt Securities Inc. grew its stake in Capital Southwest by 52.4% during the 4th quarter. Sunbelt Securities Inc. now owns 37,215 shares of the asset manager's stock worth $811,000 after buying an additional 12,802 shares during the last quarter. Sovereign s Capital Management LLC acquired a new position in Capital Southwest during the fourth quarter worth approximately $1,474,000. Finally, Two Sigma Advisers LP lifted its stake in Capital Southwest by 17.3% in the fourth quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager's stock valued at $16,902,000 after buying an additional 114,000 shares during the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.
About Capital Southwest
(
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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.
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