Capital Southwest (NASDAQ:CSWC) Sees Large Volume Increase - What's Next?

Shares of Capital Southwest Co. (NASDAQ:CSWC - Get Free Report) saw an uptick in trading volume on Tuesday . 1,192,450 shares were traded during mid-day trading, an increase of 183% from the previous session's volume of 421,190 shares.The stock last traded at $19.50 and had previously closed at $19.36.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group reduced their target price on shares of Capital Southwest from $23.50 to $20.50 and set a "neutral" rating for the company in a report on Thursday, April 17th. StockNews.com upgraded Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th.

Capital Southwest Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market capitalization of $1.02 billion, a P/E ratio of 14.28 and a beta of 0.99. The business's 50-day moving average is $21.49 and its 200 day moving average is $22.51.

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

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.52%. Capital Southwest's payout ratio is 164.54%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CSWC. Barclays PLC increased its holdings in Capital Southwest by 1.7% in the 3rd quarter. Barclays PLC now owns 76,083 shares of the asset manager's stock valued at $1,924,000 after buying an additional 1,263 shares during the period. Franklin Resources Inc. raised its position in Capital Southwest by 24.6% during the third 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. Confluence Investment Management LLC lifted its stake in Capital Southwest by 1.8% during the fourth quarter. Confluence Investment Management LLC now owns 100,242 shares of the asset manager's stock worth $2,187,000 after purchasing an additional 1,779 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Capital Southwest by 2.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 398,887 shares of the asset manager's stock valued at $8,704,000 after purchasing an additional 11,240 shares in the last quarter. Finally, Sanders Morris Harris LLC increased its stake in shares of Capital Southwest by 28.0% in the 4th quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager's stock valued at $17,579,000 after purchasing an additional 178,420 shares during the last quarter. Institutional investors and hedge funds 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.