CSW Industrials, Inc. (NASDAQ:CSWI) Stock Position Lifted by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 324.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,057 shares of the basic materials company's stock after buying an additional 2,337 shares during the period. SG Americas Securities LLC's holdings in CSW Industrials were worth $1,079,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSWI. GAMMA Investing LLC grew its holdings in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 36 shares during the last quarter. National Bank of Canada FI bought a new position in CSW Industrials during the 3rd quarter worth $28,000. V Square Quantitative Management LLC acquired a new stake in CSW Industrials in the third quarter worth $30,000. Peterson Financial Group Inc. acquired a new stake in CSW Industrials in the third quarter worth $72,000. Finally, Nisa Investment Advisors LLC lifted its stake in CSW Industrials by 508.8% in the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company's stock valued at $76,000 after buying an additional 173 shares during the last quarter. Institutional investors and hedge funds own 82.79% of the company's stock.

Insider Activity at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $354.65, for a total transaction of $70,930.00. Following the completion of the sale, the director now directly owns 13,719 shares of the company's stock, valued at approximately $4,865,443.35. This represents a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Luke Alverson sold 1,522 shares of CSW Industrials stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $358.16, for a total transaction of $545,119.52. Following the completion of the transaction, the senior vice president now directly owns 15,634 shares in the company, valued at approximately $5,599,473.44. This trade represents a 8.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,903 shares of company stock valued at $3,777,538 over the last ninety days. Insiders own 1.40% of the company's stock.

CSW Industrials Stock Performance

Shares of CSWI stock traded down $12.14 during mid-day trading on Wednesday, hitting $345.37. 169,265 shares of the stock traded hands, compared to its average volume of 110,420. The firm has a market cap of $5.81 billion, a price-to-earnings ratio of 46.93 and a beta of 0.85. The company's 50-day simple moving average is $381.94 and its 200-day simple moving average is $358.51. CSW Industrials, Inc. has a twelve month low of $209.48 and a twelve month high of $436.50.

CSW Industrials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.96 annualized dividend and a dividend yield of 0.28%. CSW Industrials's dividend payout ratio is currently 13.04%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CSWI. Citigroup lowered their price target on shares of CSW Industrials from $466.00 to $404.00 and set a "neutral" rating for the company in a research report on Monday, January 13th. Wells Fargo & Company dropped their price target on shares of CSW Industrials from $425.00 to $410.00 and set an "equal weight" rating on the stock in a research note on Tuesday, December 17th. StockNews.com upgraded CSW Industrials from a "hold" rating to a "buy" rating in a research report on Friday, December 6th. Finally, The Goldman Sachs Group decreased their price objective on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $404.67.

About CSW Industrials

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.