Capital Southwest Co. (NASDAQ:CSWC) Short Interest Update

Capital Southwest Co. (NASDAQ:CSWC) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 1,140,000 shares, a decrease of 14.3% from the January 15th total of 1,330,000 shares. Based on an average daily volume of 554,700 shares, the short-interest ratio is presently 2.1 days.

Capital Southwest Trading Up 0.6 %

Shares of CSWC stock opened at $23.46 on Friday. The stock has a 50-day moving average of $22.20 and a 200-day moving average of $23.67. Capital Southwest has a 1-year low of $20.68 and a 1-year high of $27.23. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 16.64 and a beta of 1.24. The company has a current ratio of 0.18, a quick ratio of 0.16 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%. On average, equities research analysts forecast that Capital Southwest will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.58 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a yield of 9.89%. Capital Southwest’s dividend payout ratio (DPR) is currently 164.54%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CSWC. Van ECK Associates Corp grew its stake in Capital Southwest by 3.3% during the fourth quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock worth $25,970,000 after purchasing an additional 38,051 shares during the period. Sanders Morris Harris LLC grew its position in shares of 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 buying an additional 178,420 shares during the period. Zuckerman Investment Group LLC increased its stake in shares of Capital Southwest by 4.8% in the 4th quarter. Zuckerman Investment Group LLC now owns 672,468 shares of the asset manager’s stock valued at $14,983,000 after acquiring an additional 31,009 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of 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 acquiring an additional 16,462 shares during the period. Finally, Beacon Pointe Advisors LLC boosted its stake in Capital Southwest by 1,481.6% during the fourth quarter. Beacon Pointe Advisors LLC now owns 490,291 shares of the asset manager’s stock worth $10,698,000 after acquiring an additional 459,291 shares in the last quarter. 23.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. B. Riley upped their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Saturday.

Capital Southwest Company 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.