Union Bancaire Privee UBP SA Invests $298,000 in Capital Southwest Co. (NASDAQ:CSWC)

Union Bancaire Privee UBP SA purchased a new stake in Capital Southwest Co. (NASDAQ:CSWC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,655 shares of the asset manager’s stock, valued at approximately $298,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CSWC. Van ECK Associates Corp lifted its holdings in shares of Capital Southwest by 8.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,152,153 shares of the asset manager’s stock worth $29,483,000 after buying an additional 92,936 shares during the period. Sanders Morris Harris LLC grew its holdings in Capital Southwest by 28.0% during the 4th quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock worth $17,579,000 after acquiring an additional 178,420 shares in the last quarter. Sound Income Strategies LLC increased its position in Capital Southwest by 2.9% during the 4th quarter. Sound Income Strategies LLC now owns 578,541 shares of the asset manager’s stock valued at $12,624,000 after purchasing an additional 16,462 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of Capital Southwest by 2.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 398,887 shares of the asset manager’s stock worth $8,704,000 after purchasing an additional 11,240 shares during the period. Finally, Tectonic Advisors LLC lifted its position in shares of Capital Southwest by 17.3% in the 3rd quarter. Tectonic Advisors LLC now owns 328,834 shares of the asset manager’s stock worth $8,316,000 after purchasing an additional 48,442 shares during the period. Institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

Shares of Capital Southwest stock opened at $22.51 on Wednesday. Capital Southwest Co. has a one year low of $20.68 and a one year high of $27.23. The company has a market capitalization of $1.07 billion, a PE ratio of 13.73 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16. The company has a 50-day simple moving average of $22.30 and a two-hundred day simple moving average of $23.95.

Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Monday, October 28th. The asset manager reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. Capital Southwest had a net margin of 37.77% and a return on equity of 15.54%. The company had revenue of $48.71 million during the quarter, compared to analysts’ expectations of $49.79 million. During the same quarter in the prior year, the company posted $0.69 earnings per share. Research analysts expect that Capital Southwest Co. will post 2.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, B. Riley boosted their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th.

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.