CSW Industrials, Inc. (NASDAQ:CSWI) Shares Sold by New York Life Investment Management LLC

New York Life Investment Management LLC lessened its stake in CSW Industrials, Inc. (NASDAQ:CSWIFree Report) by 13.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,562 shares of the basic materials company’s stock after selling 404 shares during the period. New York Life Investment Management LLC’s holdings in CSW Industrials were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSWI. Morgan Stanley grew its stake in shares of CSW Industrials by 681.4% in the 4th quarter. Morgan Stanley now owns 499,560 shares of the basic materials company’s stock valued at $57,914,000 after purchasing an additional 435,627 shares during the last quarter. Conestoga Capital Advisors LLC acquired a new position in CSW Industrials in the 3rd quarter valued at $38,503,000. Silvercrest Asset Management Group LLC purchased a new position in CSW Industrials during the 1st quarter worth $9,642,000. BlackRock Inc. lifted its stake in shares of CSW Industrials by 5.1% in the 2nd quarter. BlackRock Inc. now owns 1,041,018 shares of the basic materials company’s stock worth $173,007,000 after acquiring an additional 50,102 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of CSW Industrials by 195.5% in the third quarter. Assenagon Asset Management S.A. now owns 54,242 shares of the basic materials company’s stock valued at $9,505,000 after acquiring an additional 35,887 shares in the last quarter. 80.54% of the stock is owned by hedge funds and other institutional investors.

CSW Industrials Trading Up 1.2 %

NASDAQ CSWI opened at $229.44 on Friday. CSW Industrials, Inc. has a 52-week low of $130.06 and a 52-week high of $231.07. The firm has a 50-day moving average price of $206.78 and a 200 day moving average price of $188.00. The stock has a market capitalization of $3.56 billion, a P/E ratio of 36.83, a P/E/G ratio of 2.20 and a beta of 0.73. The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 0.26.

CSW Industrials Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Friday, January 26th were issued a $0.19 dividend. The ex-dividend date of this dividend was Thursday, January 25th. This represents a $0.76 annualized dividend and a dividend yield of 0.33%. CSW Industrials’s dividend payout ratio is currently 12.20%.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $202.79, for a total value of $202,790.00. Following the completion of the sale, the chief executive officer now owns 51,997 shares of the company’s stock, valued at $10,544,471.63. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.30% of the company’s stock.

CSW Industrials Profile

(Free Report)

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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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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