Capital Southwest (NASDAQ:CSWC) Cut to “Sell” at StockNews.com

Capital Southwest (NASDAQ:CSWC) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday.

Separately, B. Riley increased their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a report on Wednesday, October 30th.

Capital Southwest Price Performance

Shares of CSWC traded up $0.09 during midday trading on Friday, hitting $22.97. 405,205 shares of the company traded hands, compared to its average volume of 453,268. The firm has a 50 day moving average of $22.20 and a 200-day moving average of $23.79. Capital Southwest has a 52 week low of $20.68 and a 52 week high of $27.23. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 14.01 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.16 and a current ratio of 0.16.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results 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 net margin of 37.77% and a return on equity of 15.54%. On average, analysts forecast that Capital Southwest will post 2.55 EPS for the current fiscal year.

Institutional Trading of Capital Southwest

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning increased its position in shares of Capital Southwest by 4.2% during the third quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after acquiring an additional 452 shares during the period. Hollencrest Capital Management increased its position in shares of Capital Southwest by 8.6% during the third quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after acquiring an additional 518 shares during the period. Confluence Investment Management LLC increased its position in shares of Capital Southwest by 1.3% during the third quarter. Confluence Investment Management LLC now owns 98,463 shares of the asset manager’s stock worth $2,490,000 after acquiring an additional 1,251 shares during the period. Barclays PLC increased its position 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 worth $1,924,000 after acquiring an additional 1,263 shares during the period. Finally, Promus Capital LLC purchased a new position in shares of Capital Southwest during the fourth quarter worth approximately $30,000. 23.42% of the stock is owned by hedge funds and other institutional investors.

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.