MML Investors Services LLC Raises Position in Capital Southwest Co. (NASDAQ:CSWC)

MML Investors Services LLC lifted its position in Capital Southwest Co. (NASDAQ:CSWC - Free Report) by 16.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 119,721 shares of the asset manager's stock after buying an additional 16,991 shares during the period. MML Investors Services LLC owned about 0.24% of Capital Southwest worth $2,612,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Promus Capital LLC purchased a new stake in Capital Southwest during the 4th quarter valued at $30,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Capital Southwest by 243.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager's stock valued at $48,000 after buying an additional 1,571 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in Capital Southwest in the 4th quarter worth about $59,000. Rialto Wealth Management LLC purchased a new position in Capital Southwest in the 4th quarter worth about $105,000. Finally, Blue Trust Inc. lifted its stake in Capital Southwest by 36.3% during the 4th quarter. Blue Trust Inc. now owns 9,741 shares of the asset manager's stock valued at $213,000 after acquiring an additional 2,594 shares during the period. Hedge funds and other institutional investors own 23.42% of the company's stock.

Capital Southwest Stock Performance

CSWC opened at $20.24 on Monday. The company's 50 day moving average is $21.42 and its 200 day moving average is $22.44. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 14.35 and a beta of 0.99. Capital Southwest Co. has a 12-month low of $17.46 and a 12-month high of $27.23.

Capital Southwest (NASDAQ:CSWC - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. On average, equities research analysts predict that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 11.46%. The ex-dividend date was Friday, March 14th. Capital Southwest's payout ratio is 164.54%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. UBS Group decreased their price objective 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 shares of Capital Southwest from a "sell" rating to a "hold" rating in a research note on Saturday, April 19th.

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.

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