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

Capital Southwest Co. (NASDAQ:CSWC) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,140,000 shares, a decline 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 currently 2.1 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Beacon Pointe Advisors LLC increased its holdings in Capital Southwest by 1,481.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 490,291 shares of the asset manager’s stock valued at $10,698,000 after buying an additional 459,291 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of Capital Southwest by 146.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock worth $9,804,000 after acquiring an additional 230,513 shares in the last quarter. Raymond James Financial Inc. bought a new position in Capital Southwest in the fourth quarter valued at approximately $4,250,000. Sanders Morris Harris LLC raised its position in Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock valued at $17,579,000 after purchasing an additional 178,420 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Capital Southwest during the fourth quarter worth $2,248,000. Institutional investors own 23.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CSWC. StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Saturday. B. Riley upped their target price on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research report on Wednesday, October 30th.

Capital Southwest Price Performance

NASDAQ:CSWC opened at $23.46 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.16 and a current ratio of 0.18. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 16.64 and a beta of 1.24. Capital Southwest has a 52 week low of $20.68 and a 52 week high of $27.23. The firm’s 50-day simple moving average is $22.20 and its 200 day simple moving average is $23.67.

Capital Southwest (NASDAQ:CSWC) last announced its earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. As a group, sell-side analysts predict that Capital Southwest will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

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

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.