Quadrature Capital Ltd Purchases 24,075 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Quadrature Capital Ltd increased its position in Capital Southwest Co. (NASDAQ:CSWCFree Report) by 71.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,646 shares of the asset manager’s stock after purchasing an additional 24,075 shares during the quarter. Quadrature Capital Ltd’s holdings in Capital Southwest were worth $1,366,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CSWC. Global Retirement Partners LLC bought a new position in Capital Southwest in the fourth quarter worth approximately $26,000. Cape Investment Advisory Inc. bought a new position in Capital Southwest in the fourth quarter worth approximately $31,000. Morton Brown Family Wealth LLC bought a new position in Capital Southwest in the fourth quarter worth approximately $34,000. USA Financial Formulas bought a new position in Capital Southwest in the fourth quarter worth approximately $47,000. Finally, Signaturefd LLC grew its stake in Capital Southwest by 121.1% in the fourth quarter. Signaturefd LLC now owns 2,563 shares of the asset manager’s stock worth $61,000 after purchasing an additional 1,404 shares in the last quarter. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Up 0.3 %

Shares of NASDAQ CSWC opened at $26.20 on Tuesday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $1.20 billion, a PE ratio of 12.78 and a beta of 1.21. The stock’s fifty day simple moving average is $25.68 and its two-hundred day simple moving average is $24.62. Capital Southwest Co. has a 12-month low of $18.84 and a 12-month high of $27.22.

Capital Southwest (NASDAQ:CSWCGet Free Report) last announced its earnings results on Tuesday, May 14th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $46.43 million for the quarter, compared to analysts’ expectations of $46.01 million. Capital Southwest had a return on equity of 15.88% and a net margin of 46.81%. As a group, analysts expect that Capital Southwest Co. will post 2.66 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.57 per share. The ex-dividend date is Friday, June 14th. This represents a $2.28 annualized dividend and a dividend yield of 8.70%. Capital Southwest’s dividend payout ratio is presently 111.22%.

Analyst Ratings Changes

Separately, JMP Securities cut Capital Southwest from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 15th. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Capital Southwest currently has an average rating of “Hold” and an average target price of $25.50.

Read Our Latest Research Report on Capital Southwest

Capital Southwest Company Profile

(Free Report)

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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Institutional Ownership by Quarter for Capital Southwest (NASDAQ:CSWC)

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