Sunbelt Securities Inc. Buys 5,249 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Sunbelt Securities Inc. lifted its stake in shares of Capital Southwest Co. (NASDAQ:CSWC – Get Rating) by 47.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,236 shares of the asset manager’s stock after purchasing an additional 5,249 shares during the period. Sunbelt Securities Inc.’s holdings in Capital Southwest were worth $275,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. PNC Financial Services Group Inc. increased its position in Capital Southwest by 3.1% during the first quarter. PNC Financial Services Group Inc. now owns 20,583 shares of the asset manager’s stock worth $488,000 after buying an additional 611 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Capital Southwest by 10.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 7,765 shares of the asset manager’s stock worth $196,000 after acquiring an additional 726 shares during the last quarter. All Season Financial Advisors Inc. raised its stake in Capital Southwest by 4.7% in the 3rd quarter. All Season Financial Advisors Inc. now owns 16,820 shares of the asset manager’s stock valued at $285,000 after acquiring an additional 759 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in Capital Southwest by 3.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 25,826 shares of the asset manager’s stock valued at $613,000 after purchasing an additional 777 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its position in Capital Southwest by 12.1% during the first quarter. Guggenheim Capital LLC now owns 9,338 shares of the asset manager’s stock worth $222,000 after purchasing an additional 1,010 shares during the period. Institutional investors and hedge funds own 26.36% of the company’s stock.

Capital Southwest Trading Down 1.3 %

CSWC stock opened at $17.00 on Friday. Capital Southwest Co. has a 52 week low of $16.28 and a 52 week high of $24.40. The company has a market capitalization of $587.50 million, a PE ratio of 12.41 and a beta of 1.20. The company’s 50-day simple moving average is $18.71 and its 200 day simple moving average is $18.23. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.15 and a current ratio of 0.15.

Capital Southwest (NASDAQ:CSWC – Get Rating) last announced its earnings results on Tuesday, January 31st. The asset manager reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $32.77 million for the quarter, compared to analyst estimates of $30.12 million. Capital Southwest had a net margin of 33.53% and a return on equity of 12.21%. During the same quarter in the prior year, the business posted $0.51 EPS. As a group, sell-side analysts anticipate that Capital Southwest Co. will post 2.02 earnings per share for the current year.

Capital Southwest Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th will be given a $0.58 dividend. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $2.32 dividend on an annualized basis and a yield of 13.65%. This is a positive change from Capital Southwest’s previous quarterly dividend of $0.52. Capital Southwest’s dividend payout ratio (DPR) is currently 154.74%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. TheStreet lowered shares of Capital Southwest from a “b-” rating to a “c” rating in a research report on Monday, January 30th. JMP Securities reissued a “market outperform” rating and issued a $22.00 price target on shares of Capital Southwest in a report on Monday, March 13th. StockNews.com started coverage on shares of Capital Southwest in a research report on Thursday. They set a “hold” rating for the company. Finally, B. Riley upped their target price on Capital Southwest from $20.00 to $21.50 and gave the company a “buy” rating in a research report on Wednesday, February 1st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.88.

Capital Southwest Company Profile

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Capital Southwest is a publicly–owned business development company with total assets of $496 million as of June 30, 2010. We provide patient capital to exceptional businesses with significant growth potential. As a public company, we have the flexibility to hold investments indefinitely, which has provided the management teams of our holdings a stable ownership platform since we were founded in 1961.