Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Blue Trust Inc.

Blue Trust Inc. trimmed its position in shares of Capital Southwest Co. (NASDAQ:CSWC) by 62.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,674 shares of the asset manager’s stock after selling 4,473 shares during the quarter. Blue Trust Inc.’s holdings in Capital Southwest were worth $58,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CSWC. Quarry LP purchased a new stake in shares of Capital Southwest during the 3rd quarter worth approximately $35,000. Nisa Investment Advisors LLC acquired a new position in Capital Southwest during the third quarter worth $106,000. Hollencrest Capital Management boosted its position in Capital Southwest by 8.6% during the third quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after purchasing an additional 518 shares in the last quarter. Creative Planning grew its holdings in Capital Southwest by 4.2% in the third quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock valued at $282,000 after purchasing an additional 452 shares during the last quarter. Finally, Catalina Capital Group LLC purchased a new position in shares of Capital Southwest in the fourth quarter valued at $289,000. 23.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CSWC has been the topic of several recent research reports. StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. B. Riley upped their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Capital Southwest Trading Down 0.4 %

Capital Southwest stock opened at $23.17 on Tuesday. The stock has a market cap of $1.17 billion, a PE ratio of 16.43 and a beta of 1.24. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The stock has a 50-day moving average price of $22.33 and a 200 day moving average price of $23.62. Capital Southwest Co. has a 52 week low of $20.68 and a 52 week high of $27.23.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data 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 research analysts predict that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 10.01%. The ex-dividend date is Friday, March 14th. Capital Southwest’s dividend payout ratio (DPR) is 164.54%.

About Capital Southwest

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.