Union Bancaire Privee UBP SA Makes New Investment in Capital Southwest Co. (NASDAQ:CSWC)

Union Bancaire Privee UBP SA bought a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,655 shares of the asset manager’s stock, valued at approximately $298,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning increased its holdings in Capital Southwest by 4.2% during the 3rd quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after purchasing an additional 452 shares during the last quarter. Nisa Investment Advisors LLC bought a new stake in shares of Capital Southwest in the third quarter worth $106,000. Autumn Glory Partners LLC raised its holdings in Capital Southwest by 62.5% in the third quarter. Autumn Glory Partners LLC now owns 13,000 shares of the asset manager’s stock valued at $329,000 after acquiring an additional 5,000 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in 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 acquiring an additional 230,513 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Capital Southwest by 8.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,152,153 shares of the asset manager’s stock worth $29,483,000 after purchasing an additional 92,936 shares during the last quarter. 23.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CSWC. B. Riley increased their price target on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. StockNews.com raised Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, February 15th.

Capital Southwest Stock Down 0.4 %

Shares of Capital Southwest stock opened at $23.17 on Tuesday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 16.43 and a beta of 1.24. Capital Southwest Co. has a twelve month low of $20.68 and a twelve month high of $27.23. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.64. The business’s 50 day simple moving average is $22.33 and its 200-day simple moving average is $23.62.

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 the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Equities research analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 10.01%. The ex-dividend date of this dividend is Friday, March 14th. Capital Southwest’s dividend payout ratio (DPR) is 164.54%.

Capital Southwest 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.