Moerus Capital Management LLC Lowers Stock Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Moerus Capital Management LLC lessened its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 9.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,983 shares of the asset manager’s stock after selling 8,114 shares during the quarter. Capital Southwest comprises approximately 0.6% of Moerus Capital Management LLC’s portfolio, making the stock its 14th biggest position. Moerus Capital Management LLC owned about 0.15% of Capital Southwest worth $1,614,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Quarry LP acquired a new stake in shares of Capital Southwest in the 3rd quarter worth $35,000. Hodges Capital Management Inc. raised its holdings in Capital Southwest by 7.8% during the third quarter. Hodges Capital Management Inc. now owns 78,305 shares of the asset manager’s stock worth $1,980,000 after purchasing an additional 5,679 shares in the last quarter. MML Investors Services LLC lifted its position in Capital Southwest by 124.2% in the third quarter. MML Investors Services LLC now owns 102,730 shares of the asset manager’s stock valued at $2,598,000 after purchasing an additional 56,919 shares during the period. Barclays PLC boosted its holdings in Capital Southwest by 1.7% in the 3rd quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock valued at $1,924,000 after purchasing an additional 1,263 shares in the last quarter. Finally, First Dallas Securities Inc. increased its position in Capital Southwest by 4.2% during the 3rd quarter. First Dallas Securities Inc. now owns 56,512 shares of the asset manager’s stock worth $1,429,000 after purchasing an additional 2,289 shares during the period. 23.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research report on Thursday.

Capital Southwest Stock Down 9.1 %

Capital Southwest stock opened at $19.78 on Friday. Capital Southwest Co. has a fifty-two week low of $19.62 and a fifty-two week high of $27.23. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 14.03 and a beta of 1.21. The stock’s fifty day moving average is $22.62 and its two-hundred day moving average is $23.14. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.18 and a current ratio of 0.18.

Capital Southwest (NASDAQ:CSWC) last issued 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 net margin of 33.49% and a return on equity of 15.18%. Analysts predict that Capital Southwest Co. will post 2.54 EPS for the current fiscal year.

Capital Southwest Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.58 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.73%. Capital Southwest’s dividend payout ratio (DPR) is 164.54%.

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.