Capital Southwest (CSWC) Lifted to Buy at BidaskClub

Capital Southwest (NASDAQ:CSWC) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Several other analysts have also issued reports on CSWC. Zacks Investment Research upgraded shares of Capital Southwest from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Tuesday, November 13th. National Securities reiterated a “buy” rating and set a $23.00 price target on shares of Capital Southwest in a research report on Monday, August 13th. Finally, JMP Securities assumed coverage on shares of Capital Southwest in a research report on Tuesday, July 31st. They set an “outperform” rating and a $20.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $21.25.

Shares of NASDAQ CSWC traded up $0.17 during trading hours on Friday, hitting $19.34. 9,600 shares of the stock were exchanged, compared to its average volume of 24,094. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $326.72 million, a price-to-earnings ratio of 19.15 and a beta of 0.18. Capital Southwest has a 1-year low of $14.85 and a 1-year high of $20.31.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings results on Wednesday, November 7th. The asset manager reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.06. The business had revenue of $12.60 million for the quarter, compared to analyst estimates of $10.58 million. Capital Southwest had a net margin of 102.03% and a return on equity of 6.23%. On average, equities research analysts forecast that Capital Southwest will post 1.44 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. Bard Associates Inc. lifted its stake in Capital Southwest by 16.9% in the 2nd quarter. Bard Associates Inc. now owns 19,375 shares of the asset manager’s stock valued at $351,000 after purchasing an additional 2,800 shares during the last quarter. Raymond James & Associates lifted its stake in Capital Southwest by 8.6% in the 2nd quarter. Raymond James & Associates now owns 76,859 shares of the asset manager’s stock valued at $1,392,000 after purchasing an additional 6,064 shares during the last quarter. Hilltop Holdings Inc. lifted its stake in Capital Southwest by 30.0% in the 2nd quarter. Hilltop Holdings Inc. now owns 55,300 shares of the asset manager’s stock valued at $1,001,000 after purchasing an additional 12,750 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in Capital Southwest by 15.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 138,147 shares of the asset manager’s stock valued at $2,622,000 after purchasing an additional 18,629 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD bought a new position in Capital Southwest in the 3rd quarter valued at approximately $842,000. 54.44% of the stock is owned by institutional investors and hedge funds.

Capital Southwest Company Profile

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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