Quantbot Technologies LP Boosts Stake in Capital Southwest Corporation $CSWC

Quantbot Technologies LP raised its position in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 68.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,553 shares of the asset manager’s stock after acquiring an additional 24,922 shares during the period. Quantbot Technologies LP owned approximately 0.12% of Capital Southwest worth $1,374,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CSWC. Ameriflex Group Inc. purchased a new stake in Capital Southwest during the fourth quarter valued at about $33,000. Quarry LP lifted its stake 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 in the last quarter. Garde Capital Inc. acquired a new position in shares of Capital Southwest during the first quarter worth about $54,000. Capital Analysts LLC lifted its stake 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 in the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of Capital Southwest by 6.6% during the fourth quarter. Focus Partners Wealth now owns 9,464 shares of the asset manager’s stock worth $207,000 after purchasing an additional 585 shares in the last quarter. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Citizens Jmp upgraded Capital Southwest from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Tuesday, June 24th. JMP Securities upgraded Capital Southwest from a “market perform” rating to a “market outperform” rating and set a $25.00 price objective on the stock in a research note on Tuesday, June 24th. Citigroup upgraded Capital Southwest to an “outperform” rating in a research note on Tuesday, June 24th. 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 note on Wednesday, July 16th. Finally, Raymond James Financial boosted their price objective on Capital Southwest from $23.00 to $25.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $24.30.

Capital Southwest Trading Up 0.7%

NASDAQ:CSWC opened at $22.54 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.19 and a current ratio of 0.19. Capital Southwest Corporation has a one year low of $17.46 and a one year high of $25.90. The business’s 50-day simple moving average is $22.50 and its 200 day simple moving average is $21.75. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 13.66 and a beta of 0.98.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings results on Wednesday, August 6th. The asset manager reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. Capital Southwest had a return on equity of 14.17% and a net margin of 39.95%.The business had revenue of $55.95 million for the quarter, compared to analysts’ expectations of $54.36 million. During the same quarter in the previous year, the firm posted $0.69 earnings per share. As a group, sell-side analysts predict that Capital Southwest Corporation will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.1934 dividend. The ex-dividend date is Monday, September 15th. This represents a c) annualized dividend and a dividend yield of 10.3%. Capital Southwest’s payout ratio is 140.61%.

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.