Capital Southwest (NASDAQ:CSWC) Sets New 1-Year Low - Should You Sell?

Capital Southwest Co. (NASDAQ:CSWC - Get Free Report) shares reached a new 52-week low on Friday . The stock traded as low as $21.82 and last traded at $21.87, with a volume of 150319 shares traded. The stock had previously closed at $21.92.

Wall Street Analyst Weigh In

Separately, B. Riley increased their target price on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a "neutral" rating in a research report on Wednesday, October 30th.

Capital Southwest Price Performance

The stock has a fifty day moving average of $23.89 and a two-hundred day moving average of $24.90. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.25 and a beta of 1.23.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced its earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.01. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. The company had revenue of $48.71 million during the quarter, compared to analyst estimates of $49.79 million. During the same period last year, the company posted $0.69 earnings per share. As a group, equities research 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 declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, December 13th. This represents a $2.52 annualized dividend and a dividend yield of 11.60%. Capital Southwest's dividend payout ratio (DPR) is currently 141.46%.

Institutional Investors Weigh In On Capital Southwest

A number of institutional investors and hedge funds have recently made changes to their positions in CSWC. Quarry LP bought a new stake in shares of Capital Southwest during the third quarter worth approximately $35,000. EverSource Wealth Advisors LLC bought a new position in Capital Southwest in the second quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Capital Southwest during the 2nd quarter worth $104,000. Nisa Investment Advisors LLC acquired a new position in shares of Capital Southwest in the 3rd quarter valued at $106,000. Finally, Hollencrest Capital Management lifted its stake in shares of Capital Southwest by 8.6% in the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager's stock valued at $165,000 after purchasing an additional 518 shares during the period. Institutional investors own 23.42% of the company's stock.

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.