CSW Industrials, Inc. (NASDAQ:CSWI) Shares Acquired by Andina Capital Management LLC

Andina Capital Management LLC grew its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 3.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,559 shares of the basic materials company’s stock after buying an additional 53 shares during the period. Andina Capital Management LLC’s holdings in CSW Industrials were worth $571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CSWI. GAMMA Investing LLC raised its stake in CSW Industrials by 105.9% during the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 36 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of CSW Industrials in the third quarter worth $30,000. Contravisory Investment Management Inc. grew its stake in CSW Industrials by 48.1% in the second quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in CSW Industrials by 508.8% in the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock valued at $76,000 after acquiring an additional 173 shares during the last quarter. Finally, Blue Trust Inc. grew its position in CSW Industrials by 2,518.2% in the third quarter. Blue Trust Inc. now owns 288 shares of the basic materials company’s stock worth $106,000 after acquiring an additional 277 shares in the last quarter. 82.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $341.37, for a total value of $341,370.00. Following the completion of the transaction, the chief executive officer now directly owns 51,579 shares of the company’s stock, valued at $17,607,523.23. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.40% of the company’s stock.

CSW Industrials Trading Down 0.9 %

CSWI stock traded down $3.21 during midday trading on Tuesday, reaching $362.73. The company’s stock had a trading volume of 53,420 shares, compared to its average volume of 128,602. The business’s 50-day simple moving average is $352.15 and its 200-day simple moving average is $297.26. The company has a quick ratio of 1.44, a current ratio of 2.73 and a debt-to-equity ratio of 0.18. The stock has a market cap of $5.64 billion, a PE ratio of 56.04, a price-to-earnings-growth ratio of 2.99 and a beta of 0.77. CSW Industrials, Inc. has a 52 week low of $167.27 and a 52 week high of $398.80.

CSW Industrials (NASDAQ:CSWI) last announced its earnings results on Wednesday, July 31st. The basic materials company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.18 by $0.29. The business had revenue of $226.18 million during the quarter, compared to the consensus estimate of $215.40 million. CSW Industrials had a net margin of 13.44% and a return on equity of 19.19%. During the same quarter in the previous year, the firm posted $1.97 EPS. As a group, sell-side analysts expect that CSW Industrials, Inc. will post 8.42 EPS for the current year.

CSW Industrials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 25th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, October 25th. This is an increase from CSW Industrials’s previous quarterly dividend of $0.21. CSW Industrials’s payout ratio is presently 14.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a report on Tuesday, September 17th.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.