Capital Southwest Co. (NASDAQ:CSWC) Director Purchases $11,645.00 in Stock
Capital Southwest Co. (NASDAQ:CSWC – Get Free Report) Director Ramona Lynn Rogers-Windsor bought 500 shares of the stock in a transaction on Thursday, December 21st. The shares were bought at an average cost of $23.29 per share, for a total transaction of $11,645.00. Following the purchase, the director now owns 11,664 shares in the company, valued at approximately $271,654.56. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Ramona Lynn Rogers-Windsor also recently made the following trade(s):
On Thursday, November 2nd, Ramona Lynn Rogers-Windsor bought 500 shares of Capital Southwest stock. The shares were bought at an average cost of $21.67 per share, for a total transaction of $10,835.00. Capital Southwest Price Performance
Shares of NASDAQ:CSWC traded up $0.10 during trading hours on Thursday, hitting $23.29. 171,816 shares of the company’s stock traded hands, compared to its average volume of 318,291. Capital Southwest Co. has a 52 week low of $16.34 and a 52 week high of $23.68. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.14 and a current ratio of 0.14. The company’s fifty day simple moving average is $22.19 and its two-hundred day simple moving average is $21.53. The company has a market cap of $930.44 million, a price-to-earnings ratio of 12.40 and a beta of 1.17.
Capital Southwest (NASDAQ:CSWC – Get Free Report) last posted its quarterly earnings data on Tuesday, October 31st. The asset manager reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.05. Capital Southwest had a net margin of 44.13% and a return on equity of 15.30%. The company had revenue of $42.78 million during the quarter, compared to analyst estimates of $41.96 million. During the same quarter last year, the firm posted $0.52 EPS. The business’s revenue for the quarter was up 59.6% on a year-over-year basis. As a group, equities analysts anticipate that Capital Southwest Co. will post 2.67 EPS for the current fiscal year.
Capital Southwest Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 10.82%. This is a boost from Capital Southwest’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Thursday, December 14th. Capital Southwest’s dividend payout ratio (DPR) is presently 121.93%.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Capital Southwest in a research note on Thursday, October 5th. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.63.
Check Out Our Latest Analysis on CSWC
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in shares of Capital Southwest in the first quarter worth about $78,000. Parallel Advisors LLC boosted its holdings in shares of Capital Southwest by 98.0% in the second quarter. Parallel Advisors LLC now owns 4,815 shares of the asset manager’s stock worth $95,000 after buying an additional 2,383 shares during the period. Quantbot Technologies LP boosted its holdings in shares of Capital Southwest by 4,740.0% during the first quarter. Quantbot Technologies LP now owns 4,840 shares of the asset manager’s stock worth $114,000 after purchasing an additional 4,740 shares during the period. Washington Trust Advisors Inc. boosted its holdings in shares of Capital Southwest by 36.1% during the third quarter. Washington Trust Advisors Inc. now owns 5,000 shares of the asset manager’s stock worth $114,000 after purchasing an additional 1,326 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Capital Southwest by 26.8% during the fourth quarter. Bank of America Corp DE now owns 6,143 shares of the asset manager’s stock worth $105,000 after purchasing an additional 1,298 shares during the period. 20.58% of the stock is currently owned by institutional investors and hedge funds.
About Capital Southwest (Get Free Report)
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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
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Original: MarketBeat News Feed: Capital Southwest Co. (NASDAQ:CSWC) Director Purchases $11,645.00 in Stock