Capital Southwest Corporation (NASDAQ:CSWC) Stake Boosted by Cozad Asset Management Inc.

Cozad Asset Management Inc. grew its stake in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 12.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,151 shares of the asset manager’s stock after purchasing an additional 5,317 shares during the quarter. Cozad Asset Management Inc.’s holdings in Capital Southwest were worth $1,052,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CSWC. Sanders Morris Harris LLC boosted its position in shares of Capital Southwest by 75.9% during the first quarter. Sanders Morris Harris LLC now owns 1,433,064 shares of the asset manager’s stock worth $31,986,000 after buying an additional 618,480 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Capital Southwest during the fourth quarter worth approximately $21,846,000. Two Sigma Advisers LP boosted its position in shares of Capital Southwest by 17.3% during the fourth quarter. Two Sigma Advisers LP now owns 774,600 shares of the asset manager’s stock worth $16,902,000 after buying an additional 114,000 shares during the period. Two Sigma Investments LP boosted its position in shares of Capital Southwest by 42.2% during the fourth quarter. Two Sigma Investments LP now owns 673,778 shares of the asset manager’s stock worth $14,702,000 after buying an additional 200,060 shares during the period. Finally, Zuckerman Investment Group LLC boosted its position in shares of Capital Southwest by 4.8% during the fourth quarter. Zuckerman Investment Group LLC now owns 672,468 shares of the asset manager’s stock worth $14,983,000 after buying an additional 31,009 shares during the period. 23.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CSWC. UBS Group boosted their price objective on Capital Southwest from $21.00 to $22.50 and gave the stock a “neutral” rating in a research report on Wednesday, July 16th. B. Riley upgraded 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 report on Tuesday, June 24th. Wall Street Zen raised Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, April 19th. Finally, Raymond James Financial dropped their target price on Capital Southwest from $24.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, May 16th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $24.00.

Capital Southwest Price Performance

Shares of NASDAQ:CSWC opened at $23.01 on Wednesday. Capital Southwest Corporation has a 12 month low of $17.46 and a 12 month high of $26.00. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 15.55 and a beta of 0.95. The stock’s 50 day moving average price is $21.86 and its 200 day moving average price is $21.71. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.18 and a quick ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Wednesday, May 14th. The asset manager reported $0.54 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.08). The firm had revenue of $52.34 million for the quarter, compared to the consensus estimate of $52.83 million. Capital Southwest had a return on equity of 14.40% and a net margin of 34.51%. During the same period in the previous year, the firm earned $0.68 EPS. Equities research analysts anticipate that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.1934 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.32 annualized dividend and a dividend yield of 10.09%. Capital Southwest’s dividend payout ratio is currently 156.76%.

About Capital Southwest

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.