Capital Southwest Co. (NASDAQ:CSWC) Shares Acquired by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC increased its position in shares of Capital Southwest Co. (NASDAQ:CSWC) by 1,481.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 490,291 shares of the asset manager’s stock after purchasing an additional 459,291 shares during the quarter. Beacon Pointe Advisors LLC owned 0.97% of Capital Southwest worth $10,698,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CSWC. Promus Capital LLC acquired a new stake in shares of Capital Southwest in the fourth quarter worth $30,000. Quarry LP raised its holdings in shares of Capital Southwest by 52.5% during the fourth quarter. Quarry LP now owns 2,126 shares of the asset manager’s stock worth $46,000 after purchasing an additional 732 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Capital Southwest by 243.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock worth $48,000 after purchasing an additional 1,571 shares during the last quarter. Capital Analysts LLC raised its holdings in shares of Capital Southwest by 35.6% during the fourth quarter. Capital Analysts LLC now owns 2,550 shares of the asset manager’s stock worth $56,000 after purchasing an additional 669 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of Capital Southwest during the fourth quarter worth $59,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. UBS Group reduced their target price on shares of Capital Southwest from $23.50 to $20.50 and set a “neutral” rating for the company in a report on Thursday, April 17th. StockNews.com raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, April 19th.

Capital Southwest Stock Up 0.9 %

CSWC opened at $20.42 on Tuesday. Capital Southwest Co. has a fifty-two week low of $17.46 and a fifty-two week high of $27.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18. The company has a fifty day moving average of $21.35 and a two-hundred day moving average of $22.40. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.48 and a beta of 0.99.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share 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%. On average, research analysts expect that Capital Southwest Co. will post 2.54 earnings per share for the current year.

Capital Southwest Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.36%. Capital Southwest’s dividend payout ratio is currently 164.54%.

Capital Southwest 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.