Union Bancaire Privee UBP SA Invests $298,000 in Capital Southwest Co. (NASDAQ:CSWC)

Union Bancaire Privee UBP SA purchased a new position in Capital Southwest Co. (NASDAQ:CSWC - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 13,655 shares of the asset manager's stock, valued at approximately $298,000.

A number of other large investors also recently modified their holdings of the business. Quarry LP bought a new position in Capital Southwest during the third quarter worth $35,000. Nisa Investment Advisors LLC acquired a new stake in Capital Southwest in the 3rd quarter worth $106,000. Hollencrest Capital Management increased its holdings in shares of Capital Southwest by 8.6% during the 3rd quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager's stock worth $165,000 after purchasing an additional 518 shares during the period. Blue Trust Inc. increased its holdings in shares of Capital Southwest by 36.3% during the 4th quarter. Blue Trust Inc. now owns 9,741 shares of the asset manager's stock worth $213,000 after purchasing an additional 2,594 shares during the period. Finally, Creative Planning raised its position in shares of Capital Southwest by 4.2% during the third quarter. Creative Planning now owns 11,161 shares of the asset manager's stock valued at $282,000 after buying an additional 452 shares during the last quarter. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Capital Southwest Stock Performance

CSWC stock traded up $0.23 during midday trading on Friday, hitting $23.29. The stock had a trading volume of 891,230 shares, compared to its average volume of 484,871. Capital Southwest Co. has a 52 week low of $20.68 and a 52 week high of $27.23. 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 stock has a 50-day simple moving average of $22.46 and a 200 day simple moving average of $23.61. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 16.52 and a beta of 1.24.

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Capital Southwest (NASDAQ:CSWC - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping 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%. As a group, equities research analysts anticipate that Capital Southwest Co. will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 annualized dividend and a dividend yield of 9.96%. Capital Southwest's dividend payout ratio is currently 164.54%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Capital Southwest from a "hold" rating to a "sell" rating in a research note on Tuesday.

About Capital Southwest

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.