Cozad Asset Management Inc. Decreases Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Cozad Asset Management Inc. lowered its position in Capital Southwest Co. (NASDAQ:CSWC) by 31.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,834 shares of the asset manager’s stock after selling 19,038 shares during the period. Cozad Asset Management Inc. owned approximately 0.08% of Capital Southwest worth $913,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. grew its stake in Capital Southwest by 4.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 102,879 shares of the asset manager’s stock valued at $2,602,000 after acquiring an additional 4,117 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of Capital Southwest by 7.3% in the third quarter. Advisors Asset Management Inc. now owns 182,606 shares of the asset manager’s stock valued at $4,618,000 after purchasing an additional 12,443 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of Capital Southwest by 970.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager’s stock worth $2,028,000 after purchasing an additional 72,710 shares in the last quarter. Quarry LP acquired a new position in shares of Capital Southwest during the 3rd quarter worth approximately $35,000. Finally, Hodges Capital Management Inc. lifted its stake in Capital Southwest by 7.8% in the 3rd quarter. Hodges Capital Management Inc. now owns 78,305 shares of the asset manager’s stock valued at $1,980,000 after buying an additional 5,679 shares in the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.

Capital Southwest Stock Performance

NASDAQ:CSWC opened at $21.82 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $1.10 billion, a PE ratio of 15.48 and a beta of 1.21. The firm has a 50 day simple moving average of $22.65 and a 200-day simple moving average of $23.43. Capital Southwest Co. has a 1-year low of $20.68 and a 1-year high of $27.23.

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

Capital Southwest Cuts Dividend

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

Analyst Upgrades and Downgrades

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

About Capital Southwest

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.