Autumn Glory Partners LLC Grows Stock Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Autumn Glory Partners LLC increased its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 53.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,000 shares of the asset manager’s stock after buying an additional 7,000 shares during the quarter. Autumn Glory Partners LLC’s holdings in Capital Southwest were worth $436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CSWC. Harbor Capital Advisors Inc. grew its holdings in shares of Capital Southwest by 146.7% during the third quarter. Harbor Capital Advisors Inc. now owns 387,647 shares of the asset manager’s stock worth $9,804,000 after buying an additional 230,513 shares during the last quarter. Sanders Morris Harris LLC grew its holdings in shares of Capital Southwest by 28.0% during the fourth quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock worth $17,579,000 after buying an additional 178,420 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Capital Southwest by 8.8% during the third quarter. Van ECK Associates Corp now owns 1,152,153 shares of the asset manager’s stock worth $29,483,000 after buying an additional 92,936 shares during the last quarter. Benjamin Edwards Inc. lifted its position in 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 purchasing an additional 72,710 shares during the period. Finally, Tectonic Advisors LLC lifted its position in Capital Southwest by 21.0% in the fourth quarter. Tectonic Advisors LLC now owns 398,008 shares of the asset manager’s stock valued at $8,685,000 after purchasing an additional 69,174 shares during the period. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Price Performance

CSWC stock opened at $23.46 on Friday. The firm has a 50 day moving average of $22.20 and a 200-day moving average of $23.68. Capital Southwest Co. has a 12-month low of $20.68 and a 12-month high of $27.23. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 0.64. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 16.64 and a beta of 1.24.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, equities analysts expect that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

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

Analysts Set New Price Targets

A number of brokerages recently commented on CSWC. B. Riley raised their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research report on Saturday.

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.