35,000 Shares in Capital Southwest Corporation $CSWC Purchased by Militia Capital Management LLC

Militia Capital Management LLC bought a new position in Capital Southwest Corporation (NASDAQ:CSWC) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 35,000 shares of the asset manager’s stock, valued at approximately $774,000. Militia Capital Management LLC owned about 0.06% of Capital Southwest as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. PNC Financial Services Group Inc. grew its stake in shares of Capital Southwest by 197.2% in the first quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock worth $103,000 after acquiring an additional 3,088 shares during the period. Independent Financial Group LLC purchased a new position in shares of Capital Southwest during the first quarter valued at approximately $337,000. Arlington Capital Management Inc. bought a new position in Capital Southwest during the first quarter valued at approximately $477,000. Kestra Advisory Services LLC lifted its position in Capital Southwest by 28.1% during the first quarter. Kestra Advisory Services LLC now owns 56,864 shares of the asset manager’s stock valued at $1,258,000 after purchasing an additional 12,486 shares during the period. Finally, Hodges Capital Management Inc. lifted its position in Capital Southwest by 1.7% during the first quarter. Hodges Capital Management Inc. now owns 110,275 shares of the asset manager’s stock valued at $2,439,000 after purchasing an additional 1,813 shares during the period. Institutional investors own 23.42% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on CSWC. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Capital Southwest in a research report on Thursday, June 18th. B. Riley Financial increased their price target on Capital Southwest from $24.00 to $24.50 and gave the company a “buy” rating in a report on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Capital Southwest currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.20.

Capital Southwest Price Performance

Shares of Capital Southwest stock opened at $23.45 on Friday. The stock has a market cap of $1.46 billion, a P/E ratio of 12.34 and a beta of 0.70. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.11 and a current ratio of 0.11. The stock’s fifty day moving average is $23.44 and its 200 day moving average is $23.10. Capital Southwest Corporation has a one year low of $19.37 and a one year high of $24.43.

Capital Southwest Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.1934 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.9%. Capital Southwest’s dividend payout ratio (DPR) is 122.11%.

About Capital Southwest

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.