Short Interest in Capital Southwest Co. (NASDAQ:CSWC) Decreases By 10.0%

Capital Southwest Co. (NASDAQ:CSWCGet Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 896,000 shares, a decrease of 10.0% from the December 31st total of 995,600 shares. Based on an average trading volume of 373,500 shares, the short-interest ratio is presently 2.4 days.

Hedge Funds Weigh In On Capital Southwest

Large investors have recently made changes to their positions in the stock. Global Retirement Partners LLC acquired a new position in shares of Capital Southwest in the 4th quarter worth approximately $26,000. Morton Brown Family Wealth LLC acquired a new stake in Capital Southwest during the 4th quarter worth approximately $34,000. Tower Research Capital LLC TRC acquired a new stake in Capital Southwest during the 1st quarter worth approximately $78,000. Parallel Advisors LLC lifted its holdings in Capital Southwest by 98.0% during the 2nd quarter. Parallel Advisors LLC now owns 4,815 shares of the asset manager’s stock worth $95,000 after buying an additional 2,383 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in Capital Southwest by 4,740.0% during the 1st quarter. Quantbot Technologies LP now owns 4,840 shares of the asset manager’s stock worth $114,000 after buying an additional 4,740 shares in the last quarter. 20.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CSWC. Raymond James upped their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a research note on Wednesday. StockNews.com began coverage on shares of Capital Southwest in a research note on Thursday, October 5th. They set a “hold” rating for the company. Finally, B. Riley upped their price objective on shares of Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $22.88.

Check Out Our Latest Report on Capital Southwest

Capital Southwest Stock Performance

NASDAQ:CSWC opened at $24.56 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market capitalization of $981.17 million, a price-to-earnings ratio of 10.45 and a beta of 1.23. The company’s 50-day moving average is $23.97 and its two-hundred day moving average is $22.58. Capital Southwest has a 1-year low of $16.34 and a 1-year high of $26.17.

Capital Southwest (NASDAQ:CSWCGet Free Report) last posted its earnings results on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. Capital Southwest had a net margin of 52.16% and a return on equity of 16.40%. The company had revenue of $48.57 million for the quarter, compared to analyst estimates of $45.12 million. During the same period in the previous year, the business posted $0.62 EPS. Analysts forecast that Capital Southwest will post 2.67 EPS for the current year.

Capital Southwest Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a $0.63 dividend. The ex-dividend date is Thursday, March 14th. This represents a $2.52 annualized dividend and a dividend yield of 10.26%. Capital Southwest’s dividend payout ratio is currently 97.02%.

Capital Southwest Company Profile

(Get 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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