NewEdge Advisors LLC Takes $417,000 Position in Capital Southwest Co. (NASDAQ:CSWC)

NewEdge Advisors LLC bought a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,129 shares of the asset manager's stock, valued at approximately $417,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of CSWC. Promus Capital LLC bought a new position in shares of Capital Southwest during the 4th quarter valued at approximately $30,000. Nomura Asset Management Co. Ltd. boosted its holdings 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 buying an additional 1,571 shares during the period. Brown Brothers Harriman & Co. bought a new position in Capital Southwest in the 4th quarter worth approximately $59,000. Rialto Wealth Management LLC bought a new position in Capital Southwest in the 4th quarter worth approximately $105,000. Finally, Blue Trust Inc. boosted its holdings in Capital Southwest by 36.3% in the 4th quarter. Blue Trust Inc. now owns 9,741 shares of the asset manager's stock worth $213,000 after buying an additional 2,594 shares during the period. 23.42% of the stock is owned by institutional investors.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $20.42 on Tuesday. Capital Southwest Co. has a 1 year low of $17.46 and a 1 year high of $27.23. 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 stock has a market capitalization of $1.03 billion, a PE ratio of 14.48 and a beta of 0.99. The company's 50 day simple moving average is $21.35 and its two-hundred day simple moving average is $22.40.

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

Capital Southwest Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 11.36%. Capital Southwest's dividend payout ratio is presently 164.54%.

Analysts Set New Price Targets

Several research analysts recently commented on CSWC shares. StockNews.com raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a report on Saturday, April 19th. UBS Group cut 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.

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.

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