Global Retirement Partners LLC Trims Stake in Capital Southwest Co. (NASDAQ:CSWC)

Global Retirement Partners LLC reduced its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 30.0% in the 4th quarter, Holdings Channel reports. The fund owned 25,581 shares of the asset manager’s stock after selling 10,948 shares during the period. Global Retirement Partners LLC’s holdings in Capital Southwest were worth $558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Autumn Glory Partners LLC raised its position in Capital Southwest by 53.8% during the fourth quarter. Autumn Glory Partners LLC now owns 20,000 shares of the asset manager’s stock valued at $436,000 after acquiring an additional 7,000 shares in the last quarter. Van ECK Associates Corp raised its position in Capital Southwest by 3.3% during the fourth quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock valued at $25,970,000 after acquiring an additional 38,051 shares in the last quarter. Tectonic Advisors LLC raised its position in Capital Southwest by 21.0% during the fourth quarter. Tectonic Advisors LLC now owns 398,008 shares of the asset manager’s stock valued at $8,685,000 after acquiring an additional 69,174 shares in the last quarter. First Dallas Securities Inc. raised its position in Capital Southwest by 18.8% during the fourth quarter. First Dallas Securities Inc. now owns 67,108 shares of the asset manager’s stock valued at $1,464,000 after acquiring an additional 10,596 shares in the last quarter. Finally, Hodges Capital Management Inc. raised its position in Capital Southwest by 17.2% during the fourth quarter. Hodges Capital Management Inc. now owns 91,753 shares of the asset manager’s stock valued at $2,002,000 after acquiring an additional 13,448 shares in the last quarter. 23.42% of the stock is currently owned by hedge funds and other institutional investors.

Capital Southwest Stock Down 1.5 %

Capital Southwest stock opened at $23.26 on Friday. The stock has a market capitalization of $1.18 billion, a PE ratio of 16.50 and a beta of 1.24. Capital Southwest Co. has a 12 month low of $20.68 and a 12 month high of $27.23. The business has a 50 day simple moving average of $22.30 and a 200-day simple moving average of $23.63. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, beating 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, 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. Stockholders 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 dividend yield of 9.97%. The ex-dividend date is Friday, March 14th. Capital Southwest’s dividend payout ratio is presently 164.54%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. StockNews.com upgraded Capital Southwest from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. B. Riley boosted their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research report on Wednesday, October 30th.

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.