Capital Southwest (NASDAQ:CSWC) Price Target Raised to $22.50

Capital Southwest (NASDAQ:CSWC) had its price objective increased by UBS Group from $21.00 to $22.50 in a research report sent to investors on Wednesday morning,Benzinga reports. UBS Group currently has a neutral rating on the asset manager’s stock.

CSWC has been the subject of a number of other reports. Citizens Jmp raised Capital Southwest from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research report on Tuesday, June 24th. B. Riley raised Capital Southwest to a “strong-buy” rating in a research report on Monday, June 16th. Citigroup raised Capital Southwest to an “outperform” rating in a research report on Tuesday, June 24th. Wall Street Zen raised Capital Southwest from a “sell” rating to a “hold” rating in a research report on Saturday, April 19th. Finally, JMP Securities raised Capital Southwest from a “market perform” rating to a “market outperform” rating and set a $25.00 price objective for the company in a research report on Tuesday, June 24th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Capital Southwest Stock Up 0.0%

Shares of CSWC opened at $23.26 on Wednesday. Capital Southwest has a 52-week low of $17.46 and a 52-week high of $26.27. The company has a market capitalization of $1.25 billion, a PE ratio of 15.72 and a beta of 0.95. The stock has a fifty day simple moving average of $21.58 and a two-hundred day simple moving average of $21.66. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.58.

Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Wednesday, May 14th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.08). Capital Southwest had a return on equity of 14.40% and a net margin of 34.51%. The company had revenue of $52.34 million during the quarter, compared to analyst estimates of $52.83 million. During the same period last year, the business earned $0.68 earnings per share. As a group, equities analysts forecast that Capital Southwest will post 2.54 EPS for the current year.

Capital Southwest Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.1934 per share. This represents a $2.32 dividend on an annualized basis and a yield of 9.98%. The ex-dividend date of this dividend is Monday, September 15th. Capital Southwest’s dividend payout ratio (DPR) is 156.76%.

Hedge Funds Weigh In On Capital Southwest

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Focus Partners Wealth boosted its holdings in Capital Southwest by 6.6% during the 4th quarter. Focus Partners Wealth now owns 9,464 shares of the asset manager’s stock valued at $207,000 after acquiring an additional 585 shares during the period. Confluence Investment Management LLC boosted its holdings in Capital Southwest by 0.6% during the 2nd quarter. Confluence Investment Management LLC now owns 102,107 shares of the asset manager’s stock valued at $2,250,000 after acquiring an additional 585 shares during the period. Capital Analysts LLC boosted its holdings in Capital Southwest by 35.6% during the 4th quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock valued at $56,000 after acquiring an additional 669 shares during the period. Union Bancaire Privee UBP SA boosted its holdings in Capital Southwest by 5.1% during the 2nd quarter. Union Bancaire Privee UBP SA now owns 14,349 shares of the asset manager’s stock valued at $316,000 after acquiring an additional 694 shares during the period. Finally, Quarry LP boosted its holdings in Capital Southwest by 52.5% during the 4th quarter. Quarry LP now owns 2,126 shares of the asset manager’s stock valued at $46,000 after acquiring an additional 732 shares during the period. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

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, industry consolidation, recapitalizations and growth capital investments.