Brokerages Set Capital Southwest Corporation (NASDAQ:CSWC) Price Target at $23.50

Shares of Capital Southwest Corporation (NASDAQ:CSWC) have earned a consensus rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $23.50.

Separately, B. Riley Financial increased their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “buy” rating in a research report on Friday, May 15th.

Hedge Funds Weigh In On Capital Southwest

Several large investors have recently modified their holdings of CSWC. Triumph Capital Management bought a new position in shares of Capital Southwest during the third quarter worth about $28,000. Tower Research Capital LLC TRC lifted its position in shares of Capital Southwest by 13,307.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock worth $41,000 after purchasing an additional 1,863 shares during the last quarter. Osbon Capital Management LLC bought a new position in shares of Capital Southwest during the fourth quarter worth about $55,000. CENTRAL TRUST Co bought a new position in shares of Capital Southwest during the first quarter worth about $60,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Capital Southwest by 197.2% during the first quarter. PNC Financial Services Group Inc. now owns 4,654 shares of the asset manager’s stock worth $103,000 after purchasing an additional 3,088 shares during the last quarter. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

NASDAQ:CSWC opened at $23.54 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a 50-day moving average of $23.41 and a two-hundred day moving average of $22.74. The stock has a market cap of $1.46 billion, a P/E ratio of 12.39 and a beta of 0.69. Capital Southwest has a 1-year low of $19.37 and a 1-year high of $24.43.

Capital Southwest Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1934 per share. 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 presently 122.11%.

Capital Southwest Company Profile

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.