Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. reduced its position in Capital Southwest Co. (NASDAQ:CSWC) by 31.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,834 shares of the asset manager’s stock after selling 19,038 shares during the quarter. Cozad Asset Management Inc.’s holdings in Capital Southwest were worth $913,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in shares of Capital Southwest by 1.7% in the 3rd quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock worth $1,924,000 after purchasing an additional 1,263 shares during the period. Franklin Resources Inc. grew its position in Capital Southwest by 24.6% in the third quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager’s stock valued at $3,893,000 after acquiring an additional 30,423 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of Capital Southwest by 970.6% during the third quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager’s stock valued at $2,028,000 after purchasing an additional 72,710 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Capital Southwest during the fourth quarter worth $326,000. Finally, Sanders Morris Harris LLC lifted its position in shares of Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock worth $17,579,000 after purchasing an additional 178,420 shares in the last quarter. Institutional investors and hedge funds own 23.42% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Wednesday, March 5th.

Capital Southwest Price Performance

CSWC stock opened at $21.82 on Tuesday. The stock’s 50 day moving average is $22.65 and its two-hundred day moving average is $23.43. Capital Southwest Co. has a 52-week low of $20.68 and a 52-week high of $27.23. The company has a market capitalization of $1.10 billion, a PE ratio of 15.48 and a beta of 1.21. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Analysts predict that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.58 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a yield of 10.63%. Capital Southwest’s dividend payout ratio (DPR) is 164.54%.

Capital Southwest Profile

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.