Capital Southwest (NASDAQ:CSWC) Cut to “Sell” at StockNews.com

Capital Southwest (NASDAQ:CSWC) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Separately, B. Riley boosted their price objective on Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a report on Wednesday, October 30th.

Capital Southwest Stock Performance

NASDAQ CSWC opened at $23.18 on Tuesday. The company has a market cap of $1.17 billion, a P/E ratio of 16.44 and a beta of 1.24. The company has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $23.61. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. Capital Southwest has a 12-month low of $20.68 and a 12-month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Sell-side analysts predict that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Balyasny Asset Management L.P. bought a new stake in Capital Southwest in the 4th quarter worth about $21,846,000. Beacon Pointe Advisors LLC grew its holdings in shares of Capital Southwest by 1,481.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 490,291 shares of the asset manager’s stock valued at $10,698,000 after acquiring an additional 459,291 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Capital Southwest by 146.7% during the third quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock valued at $9,804,000 after acquiring an additional 230,513 shares during the last quarter. Two Sigma Investments LP lifted its holdings in 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 acquiring an additional 200,060 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Capital Southwest during the fourth quarter worth $4,250,000. 23.42% of the stock is owned by 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.