Capital Southwest Co. (NASDAQ:CSWC) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC increased its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 49.6% during the fourth quarter, HoldingsChannel reports. The fund owned 16,581 shares of the asset manager’s stock after buying an additional 5,494 shares during the period. Corient Private Wealth LLC’s holdings in Capital Southwest were worth $362,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Benjamin Edwards Inc. boosted its position in shares of Capital Southwest by 970.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager’s stock worth $2,028,000 after purchasing an additional 72,710 shares in the last quarter. Quarry LP purchased a new stake in Capital Southwest during the third quarter worth about $35,000. Hodges Capital Management Inc. grew its position in Capital Southwest by 7.8% during the third quarter. Hodges Capital Management Inc. now owns 78,305 shares of the asset manager’s stock worth $1,980,000 after buying an additional 5,679 shares during the period. MML Investors Services LLC grew its position in Capital Southwest by 124.2% during the third quarter. MML Investors Services LLC now owns 102,730 shares of the asset manager’s stock worth $2,598,000 after buying an additional 56,919 shares during the period. Finally, Barclays PLC increased its holdings in Capital Southwest by 1.7% in the third quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock valued at $1,924,000 after buying an additional 1,263 shares in the last quarter. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Capital Southwest from a “hold” rating to a “sell” rating in a research report on Monday, March 24th.

Capital Southwest Price Performance

NASDAQ:CSWC opened at $22.37 on Monday. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 15.87 and a beta of 1.21. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23. 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 company’s 50-day moving average is $22.70 and its two-hundred day moving average is $23.25.

Capital Southwest (NASDAQ:CSWC) last released its earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share 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%. Research analysts expect that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.37%. Capital Southwest’s dividend payout ratio (DPR) is presently 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.