Teachers Retirement System of The State of Kentucky Has $1.86 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Teachers Retirement System of The State of Kentucky lifted its holdings in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 87,816.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,275 shares of the basic materials company's stock after purchasing an additional 5,269 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in CSW Industrials were worth $1,861,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. IFP Advisors Inc increased its position in CSW Industrials by 510.5% in the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock worth $42,000 after buying an additional 97 shares during the period. GAMMA Investing LLC grew its stake in shares of CSW Industrials by 94.3% in the fourth quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company's stock worth $48,000 after acquiring an additional 66 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in CSW Industrials during the fourth quarter worth $51,000. Jones Financial Companies Lllp raised its stake in CSW Industrials by 300.0% during the 4th quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company's stock valued at $58,000 after purchasing an additional 123 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in CSW Industrials by 49.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 231 shares of the basic materials company's stock valued at $83,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 82.79% of the company's stock.

Insider Transactions at CSW Industrials

In related news, CFO James E. Perry sold 145 shares of CSW Industrials stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $307.77, for a total value of $44,626.65. Following the completion of the transaction, the chief financial officer now directly owns 23,282 shares of the company's stock, valued at $7,165,501.14. The trade was a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert M. Swartz sold 200 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $57,820.00. Following the sale, the director now directly owns 13,119 shares in the company, valued at approximately $3,792,702.90. This represents a 1.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,631 shares of company stock valued at $2,551,912 in the last three months. 1.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on CSWI. Truist Financial assumed coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 price objective for the company. The Goldman Sachs Group reduced their price objective on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th. Wells Fargo & Company lowered their price objective on CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. StockNews.com cut CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, Citigroup lowered their price target on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $342.50.

CSW Industrials Price Performance

Shares of CSWI stock opened at $312.09 on Friday. The stock's fifty day simple moving average is $294.40 and its 200 day simple moving average is $347.75. CSW Industrials, Inc. has a one year low of $237.19 and a one year high of $436.50. The firm has a market cap of $5.24 billion, a price-to-earnings ratio of 37.29 and a beta of 0.88.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last posted its earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. On average, research analysts anticipate that CSW Industrials, Inc. will post 8.49 earnings per share for the current year.

CSW Industrials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 25th will be paid a $0.27 dividend. The ex-dividend date is Friday, April 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.35%. This is a boost from CSW Industrials's previous quarterly dividend of $0.24. CSW Industrials's payout ratio is 12.90%.

CSW Industrials Company Profile

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.

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