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

Capital Southwest Co. (NASDAQ:CSWC) Director Ramona Lynn Rogers-Windsor purchased 450 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average price of $22.52 per share, for a total transaction of $10,134.00. Following the purchase, the director now owns 17,238 shares in the company, valued at approximately $388,199.76. This represents a 2.68 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Capital Southwest Price Performance

Shares of CSWC stock traded up $0.05 on Wednesday, reaching $22.53. The company’s stock had a trading volume of 498,637 shares, compared to its average volume of 375,748. The stock’s fifty day simple moving average is $22.69 and its 200-day simple moving average is $23.30. Capital Southwest Co. has a 1 year low of $20.68 and a 1 year high of $27.23. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 15.98 and a beta of 1.21. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping 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%. Analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current fiscal year.

Capital Southwest Cuts Dividend

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

Institutional Investors Weigh In On Capital Southwest

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Balyasny Asset Management L.P. bought a new position in shares of Capital Southwest during the 4th quarter valued at approximately $21,846,000. Beacon Pointe Advisors LLC boosted its stake in Capital Southwest by 1,481.6% during the fourth quarter. Beacon Pointe Advisors LLC now owns 490,291 shares of the asset manager’s stock worth $10,698,000 after buying an additional 459,291 shares during the period. Two Sigma Investments LP increased its position in Capital Southwest by 42.2% during the fourth quarter. Two Sigma Investments LP now owns 673,778 shares of the asset manager’s stock valued at $14,702,000 after acquiring an additional 200,060 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Capital Southwest in the fourth quarter valued at $4,250,000. Finally, Sanders Morris Harris LLC lifted its holdings in shares of Capital Southwest by 28.0% in the 4th quarter. Sanders Morris Harris LLC now owns 814,584 shares of the asset manager’s stock worth $17,579,000 after acquiring an additional 178,420 shares during the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.