Oppenheimer & Co. Inc. Makes New $326,000 Investment in Capital Southwest Co. (NASDAQ:CSWC)

Oppenheimer & Co. Inc. acquired a new position in shares of Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 14,955 shares of the asset manager's stock, valued at approximately $326,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CSWC. Barclays PLC lifted its position in shares of Capital Southwest by 1.7% during the third quarter. Barclays PLC now owns 76,083 shares of the asset manager's stock worth $1,924,000 after purchasing an additional 1,263 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Capital Southwest by 24.6% in the third quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager's stock valued at $3,893,000 after buying an additional 30,423 shares during the period. Benjamin Edwards Inc. boosted its holdings in Capital Southwest by 970.6% during the third quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager's stock worth $2,028,000 after purchasing an additional 72,710 shares during the last quarter. Creative Planning lifted its stake in Capital Southwest by 4.2% in the third quarter. Creative Planning now owns 11,161 shares of the asset manager's stock valued at $282,000 after acquiring an additional 452 shares during the last quarter. Finally, Sanders Morris Harris LLC lifted its stake in Capital Southwest by 28.0% in the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager's stock valued at $17,579,000 after acquiring an additional 178,420 shares during the last quarter. Institutional investors own 23.42% of the company's stock.

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Capital Southwest Stock Performance

Shares of CSWC traded up $0.53 during trading hours on Friday, hitting $22.99. The company had a trading volume of 444,711 shares, compared to its average volume of 522,194. Capital Southwest Co. has a 12 month low of $20.68 and a 12 month high of $27.23. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 16.31 and a beta of 1.21. The business has a fifty day moving average of $22.65 and a 200-day moving average of $23.55. 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 posted 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%. Equities analysts anticipate that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.58 per share. The ex-dividend date is Friday, March 14th. This represents a $2.32 annualized dividend and a yield of 10.09%. Capital Southwest's dividend payout ratio is presently 164.54%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Capital Southwest from a "sell" rating to a "hold" rating in a research report on Wednesday.

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.