Foundations Investment Advisors LLC Acquires 20,105 Shares of Capital Southwest Co. (NASDAQ:CSWC)

Foundations Investment Advisors LLC increased its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 24.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 101,234 shares of the asset manager’s stock after acquiring an additional 20,105 shares during the period. Foundations Investment Advisors LLC owned about 0.21% of Capital Southwest worth $2,209,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CSWC. Barclays PLC raised 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 acquiring an additional 1,263 shares in the last quarter. Franklin Resources Inc. raised its position in Capital Southwest by 24.6% during the 3rd quarter. Franklin Resources Inc. now owns 154,038 shares of the asset manager’s stock valued at $3,893,000 after purchasing an additional 30,423 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Capital Southwest by 1,539.2% in the 3rd quarter. Blue Trust Inc. now owns 7,147 shares of the asset manager’s stock worth $186,000 after buying an additional 6,711 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Capital Southwest by 146.7% during the 3rd 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 in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Capital Southwest by 970.6% during 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 during the period. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

Shares of CSWC stock opened at $22.51 on Wednesday. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 13.73 and a beta of 1.24. Capital Southwest Co. has a 52-week low of $20.68 and a 52-week high of $27.23. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $22.30 and its 200 day moving average is $23.95.

Capital Southwest (NASDAQ:CSWC) last announced its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. The business had revenue of $48.71 million for the quarter, compared to the consensus estimate of $49.79 million. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. During the same period last year, the business posted $0.69 EPS. On average, sell-side analysts anticipate that Capital Southwest Co. will post 2.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, B. Riley upped their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research note 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.