Capital Southwest (NASDAQ:CSWC) Price Target Lowered to $20.50 at UBS Group

Capital Southwest (NASDAQ:CSWC) had its price objective decreased by UBS Group from $23.50 to $20.50 in a report published on Thursday,Benzinga reports. UBS Group currently has a neutral rating on the asset manager’s stock.

Separately, StockNews.com downgraded shares of Capital Southwest from a “hold” rating to a “sell” rating in a report on Friday, April 11th.

Capital Southwest Stock Performance

Shares of CSWC opened at $19.68 on Thursday. The firm has a market capitalization of $995.45 million, a P/E ratio of 13.96 and a beta of 0.99. Capital Southwest has a 52 week low of $17.46 and a 52 week high of $27.23. The stock has a 50 day moving average price of $21.86 and a two-hundred day moving average price of $22.70. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. Capital Southwest had a return on equity of 15.18% and a net margin of 33.49%. Equities analysts forecast that Capital Southwest will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.79%. The ex-dividend date of this dividend was Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CSWC. Promus Capital LLC bought a new stake in shares of Capital Southwest during the 4th quarter worth $30,000. Ameriflex Group Inc. bought a new stake in Capital Southwest in the fourth quarter worth about $33,000. Quarry LP boosted its stake in Capital Southwest by 52.5% in the fourth 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 last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of Capital Southwest by 243.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock valued at $48,000 after acquiring an additional 1,571 shares during the period. Finally, Capital Analysts LLC increased its stake in shares of Capital Southwest by 35.6% during the 4th 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. Hedge funds and other institutional investors own 23.42% of the company’s stock.

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.