Dearborn Partners LLC Sells 726 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Dearborn Partners LLC decreased its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,955 shares of the asset manager’s stock after selling 726 shares during the period. Dearborn Partners LLC’s holdings in Capital Southwest were worth $414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Naviter Wealth LLC purchased a new stake in Capital Southwest in the 4th quarter worth approximately $1,823,000. Rialto Wealth Management LLC purchased a new stake in shares of Capital Southwest in the fourth quarter worth $105,000. Raymond James Financial Inc. bought a new stake in shares of Capital Southwest during the 4th quarter valued at $4,250,000. Promus Capital LLC purchased a new position in shares of Capital Southwest during the 4th quarter valued at $30,000. Finally, Muzinich & Co. Inc. boosted its holdings in Capital Southwest by 4.1% in the 4th quarter. Muzinich & Co. Inc. now owns 110,422 shares of the asset manager’s stock worth $2,409,000 after buying an additional 4,350 shares during the period. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Capital Southwest from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Capital Southwest Price Performance

CSWC stock opened at $22.26 on Wednesday. The company has a market capitalization of $1.13 billion, a PE ratio of 15.79 and a beta of 1.21. The company’s fifty day moving average price is $22.67 and its 200-day moving average price is $23.51. Capital Southwest Co. has a one year low of $20.68 and a one year high of $27.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, beating 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%. On average, equities analysts anticipate that Capital Southwest Co. will post 2.54 EPS 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. Shareholders 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 yield of 10.42%. The ex-dividend date is Friday, March 14th. Capital Southwest’s dividend payout ratio is presently 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.