Capital Southwest (NASDAQ:CSWC) Hits New 52-Week Low - Time to Sell?

Capital Southwest Co. (NASDAQ:CSWC - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The company traded as low as $20.09 and last traded at $20.35, with a volume of 535500 shares. The stock had previously closed at $21.77.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a research note on Thursday, April 3rd.

Capital Southwest Stock Up 9.7 %

The stock has a market cap of $997.98 million, a price-to-earnings ratio of 13.99 and a beta of 0.99. The firm's fifty day moving average price is $22.38 and its two-hundred day moving average price is $22.99. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share for the quarter, topping 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%. Sell-side analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.76%. The ex-dividend date of this dividend was Friday, March 14th. Capital Southwest's dividend payout ratio is currently 164.54%.

Institutional Investors Weigh In On Capital Southwest

Institutional investors and hedge funds have recently bought and sold shares of the stock. Promus Capital LLC bought a new position in shares of Capital Southwest during the 4th quarter worth approximately $30,000. Quarry LP bought a new position in Capital Southwest in the 3rd quarter worth approximately $35,000. Ameriflex Group Inc. purchased a new position in shares of Capital Southwest in the fourth quarter valued at $33,000. Nomura Asset Management Co. Ltd. boosted its stake in Capital Southwest by 243.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock worth $48,000 after purchasing an additional 1,571 shares during the period. Finally, Capital Analysts LLC grew its stake 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 acquiring an additional 669 shares in the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.

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.