Hodges Capital Management Inc. Increases Position in Capital Southwest Co. (NASDAQ:CSWC)

Hodges Capital Management Inc. increased its stake in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 17.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 91,753 shares of the asset manager's stock after acquiring an additional 13,448 shares during the quarter. Hodges Capital Management Inc. owned approximately 0.19% of Capital Southwest worth $2,002,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CSWC. Barclays PLC boosted its stake in shares of Capital Southwest by 1.7% in the third quarter. Barclays PLC now owns 76,083 shares of the asset manager's stock worth $1,924,000 after acquiring an additional 1,263 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Capital Southwest by 24.6% in the 3rd quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager's stock valued at $3,893,000 after purchasing an additional 30,423 shares in the last quarter. Blue Trust Inc. boosted its stake in Capital Southwest by 1,539.2% during the 3rd quarter. Blue Trust Inc. now owns 7,147 shares of the asset manager's stock worth $186,000 after purchasing an additional 6,711 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Capital Southwest by 146.7% during the third quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager's stock worth $9,804,000 after buying an additional 230,513 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Capital Southwest by 970.6% in the third quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager's stock valued at $2,028,000 after buying an additional 72,710 shares during the last quarter. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Trading Up 0.4 %

Shares of NASDAQ CSWC traded up $0.09 during trading on Friday, hitting $22.97. 405,205 shares of the company were exchanged, compared to its average volume of 453,268. The company has a fifty day moving average price of $22.20 and a 200-day moving average price of $23.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market capitalization of $1.10 billion, a PE ratio of 14.01 and a beta of 1.24. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%. As a group, equities research analysts expect that Capital Southwest Co. will post 2.55 EPS for the current year.

Capital Southwest Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.58 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.32 annualized dividend and a yield of 10.10%. Capital Southwest's payout ratio is 141.46%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CSWC. StockNews.com lowered shares of Capital Southwest from a "hold" rating to a "sell" rating in a research report on Friday. B. Riley boosted their target price on Capital Southwest from $24.00 to $24.50 and gave the stock a "neutral" rating in a report on Wednesday, October 30th.

Capital Southwest Company Profile

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.