CSW Industrials, Inc. (NASDAQ:CSWI) Holdings Raised by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 508.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207 shares of the basic materials company’s stock after buying an additional 173 shares during the quarter. Nisa Investment Advisors LLC’s holdings in CSW Industrials were worth $76,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue bought a new position in CSW Industrials during the 3rd quarter worth $3,477,000. Louisiana State Employees Retirement System bought a new position in CSW Industrials during the 3rd quarter worth $2,931,000. Assenagon Asset Management S.A. grew its stake in CSW Industrials by 162.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 55,626 shares of the basic materials company’s stock worth $20,381,000 after buying an additional 34,427 shares during the last quarter. Argent Capital Management LLC bought a new position in CSW Industrials during the 3rd quarter worth $370,000. Finally, Greenleaf Trust acquired a new position in CSW Industrials during the 3rd quarter worth $213,000. 82.79% of the stock is currently owned by institutional investors.

CSW Industrials Stock Performance

Shares of CSWI stock opened at $415.34 on Friday. CSW Industrials, Inc. has a 1 year low of $167.27 and a 1 year high of $418.17. The stock has a fifty day moving average of $360.69 and a two-hundred day moving average of $304.19. The firm has a market capitalization of $6.99 billion, a PE ratio of 56.43, a price-to-earnings-growth ratio of 2.92 and a beta of 0.78.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 25th will be issued a $0.24 dividend. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.21. The ex-dividend date is Friday, October 25th. This represents a $0.96 annualized dividend and a dividend yield of 0.23%. CSW Industrials’s dividend payout ratio is 13.04%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded CSW Industrials from a “hold” rating to a “buy” rating in a research report on Tuesday.

Insider Activity

In other news, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $393.34, for a total value of $393,340.00. Following the completion of the sale, the chief executive officer now owns 51,698 shares in the company, valued at $20,334,891.32. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.40% of the company’s stock.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.