Capital Southwest (NASDAQ:CSWC) Stock Rating Lowered by ValuEngine

ValuEngine lowered shares of Capital Southwest (NASDAQ:CSWC) from a hold rating to a sell rating in a research report sent to investors on Saturday morning, ValuEngine reports.

Several other analysts have also issued reports on CSWC. BidaskClub lowered shares of Capital Southwest from a hold rating to a sell rating in a research report on Tuesday, September 10th. National Securities reiterated a buy rating and issued a $24.00 target price on shares of Capital Southwest in a research report on Tuesday, June 4th. Finally, Zacks Investment Research lowered shares of Capital Southwest from a hold rating to a sell rating in a research report on Friday, June 7th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. Capital Southwest presently has a consensus rating of Hold and an average price target of $23.50.

Shares of NASDAQ CSWC opened at $21.60 on Friday. The company’s 50-day simple moving average is $21.80 and its 200-day simple moving average is $21.58. Capital Southwest has a 52-week low of $17.22 and a 52-week high of $24.17. The firm has a market cap of $379.07 million, a price-to-earnings ratio of 15.21 and a beta of 0.20. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.46.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, August 5th. The asset manager reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.01. Capital Southwest had a net margin of 53.87% and a return on equity of 8.27%. The business had revenue of $15.80 million for the quarter, compared to analyst estimates of $14.90 million. Equities research analysts anticipate that Capital Southwest will post 1.71 EPS for the current fiscal year.

The firm also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, September 13th. Capital Southwest’s payout ratio is presently 112.68%.

In other Capital Southwest news, Director David R. Brooks purchased 2,500 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were purchased at an average cost of $21.37 per share, for a total transaction of $53,425.00. Following the completion of the transaction, the director now owns 24,500 shares of the company’s stock, valued at approximately $523,565. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.80% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Brasada Capital Management LP boosted its position in Capital Southwest by 19.1% during the second quarter. Brasada Capital Management LP now owns 89,030 shares of the asset manager’s stock worth $1,862,000 after acquiring an additional 14,293 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in Capital Southwest during the second quarter worth about $34,000. Virtus ETF Advisers LLC acquired a new position in Capital Southwest during the second quarter worth about $2,124,000. Advisor Group Inc. boosted its position in Capital Southwest by 2,108.0% during the first quarter. Advisor Group Inc. now owns 86,003 shares of the asset manager’s stock worth $1,810,000 after acquiring an additional 82,108 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Capital Southwest by 59.5% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 19,975 shares of the asset manager’s stock worth $418,000 after acquiring an additional 7,450 shares during the last quarter. Hedge funds and other institutional investors own 48.41% of the company’s stock.

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.

Recommended Story: S&P 500 Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Capital Southwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest and related companies with MarketBeat.com's FREE daily email newsletter.