Capital Southwest Co. (NASDAQ:CSWC) Director Ramona Lynn Rogers-Windsor Acquires 450 Shares

Capital Southwest Co. (NASDAQ:CSWC) Director Ramona Lynn Rogers-Windsor acquired 450 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were bought at an average cost of $22.52 per share, for a total transaction of $10,134.00. Following the completion of the acquisition, the director now directly owns 17,238 shares of the company’s stock, valued at approximately $388,199.76. This represents a 2.68 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Capital Southwest Trading Up 0.2 %

Shares of Capital Southwest stock opened at $22.53 on Thursday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 15.98 and a beta of 1.21. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The company has a 50-day simple moving average of $22.70 and a 200 day simple moving average of $23.30. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share 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%. Research analysts expect that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.58 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.32 annualized dividend and a yield of 10.30%. Capital Southwest’s payout ratio is 164.54%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Capital Southwest from a “hold” rating to a “sell” rating in a research report on Monday.

Institutional Trading of Capital Southwest

Several large investors have recently made changes to their positions in the business. Benjamin Edwards Inc. increased its stake in shares of Capital Southwest by 970.6% in the third quarter. Benjamin Edwards Inc. now owns 80,201 shares of the asset manager’s stock valued at $2,028,000 after buying an additional 72,710 shares in the last quarter. Quarry LP bought a new stake in Capital Southwest during the 3rd quarter worth about $35,000. Hodges Capital Management Inc. raised its stake in shares of Capital Southwest by 7.8% in the third quarter. Hodges Capital Management Inc. now owns 78,305 shares of the asset manager’s stock worth $1,980,000 after acquiring an additional 5,679 shares during the last quarter. MML Investors Services LLC lifted its position in shares of Capital Southwest by 124.2% during the third quarter. MML Investors Services LLC now owns 102,730 shares of the asset manager’s stock worth $2,598,000 after purchasing an additional 56,919 shares in the last quarter. Finally, Barclays PLC grew its stake in shares of Capital Southwest by 1.7% during the third quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock valued at $1,924,000 after purchasing an additional 1,263 shares during the last quarter. Institutional investors own 23.42% of the company’s stock.

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.