Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. cut its stake in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 31.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,834 shares of the asset manager's stock after selling 19,038 shares during the quarter. Cozad Asset Management Inc. owned 0.08% of Capital Southwest worth $913,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp increased its position in Capital Southwest by 3.3% during the 4th quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager's stock worth $25,970,000 after purchasing an additional 38,051 shares during the period. Sanders Morris Harris LLC grew its holdings in Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager's stock worth $17,579,000 after acquiring an additional 178,420 shares during the period. Sound Income Strategies LLC raised its position in Capital Southwest by 2.9% in the fourth quarter. Sound Income Strategies LLC now owns 578,541 shares of the asset manager's stock worth $12,624,000 after acquiring an additional 16,462 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in Capital Southwest by 2.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 398,887 shares of the asset manager's stock worth $8,704,000 after acquiring an additional 11,240 shares in the last quarter. Finally, Tectonic Advisors LLC lifted its holdings in Capital Southwest by 21.0% in the fourth quarter. Tectonic Advisors LLC now owns 398,008 shares of the asset manager's stock valued at $8,685,000 after acquiring an additional 69,174 shares during the period. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

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Capital Southwest Price Performance

NASDAQ CSWC traded up $0.08 during mid-day trading on Friday, hitting $22.30. The stock had a trading volume of 371,263 shares, compared to its average volume of 372,337. The company has a 50 day simple moving average of $22.66 and a 200 day simple moving average of $23.39. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 15.82 and a beta of 1.21. Capital Southwest Co. has a 52-week low of $20.68 and a 52-week high of $27.23. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last announced 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 return on equity of 15.18% and a net margin of 33.49%. Equities analysts forecast that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 10.40%. The ex-dividend date is Friday, March 14th. Capital Southwest's dividend payout ratio (DPR) is presently 164.54%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Capital Southwest from a "sell" rating to a "hold" rating in a report on Wednesday, March 5th.

Capital Southwest 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.