Capital Southwest Co. (NASDAQ:CSWC) Director Thomas Duane Morgan acquired 3,050 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was bought at an average price of $16.39 per share, for a total transaction of $49,989.50. Following the purchase, the director now owns 4,395 shares in the company, valued at approximately $72,034.05. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Capital Southwest Co. (NASDAQ:CSWC) opened at $16.16 on Monday. Capital Southwest Co. has a 12 month low of $14.85 and a 12 month high of $17.76. The company has a market cap of $261.50, a price-to-earnings ratio of 16.49 and a beta of -0.64. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.46 and a current ratio of 0.46.
Several institutional investors and hedge funds have recently made changes to their positions in CSWC. Prudential Financial Inc. increased its stake in shares of Capital Southwest by 10.8% during the 2nd quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock worth $362,000 after purchasing an additional 2,200 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Capital Southwest by 8.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock worth $253,000 after purchasing an additional 1,207 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Capital Southwest by 18.0% during the 2nd quarter. Wells Fargo & Company MN now owns 24,216 shares of the asset manager’s stock worth $389,000 after purchasing an additional 3,696 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Capital Southwest by 12.3% during the 2nd quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock worth $1,658,000 after purchasing an additional 11,299 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Capital Southwest by 272.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 41,485 shares of the asset manager’s stock worth $711,000 after purchasing an additional 30,349 shares during the last quarter. Institutional investors own 58.78% of the company’s stock.
Several research analysts have weighed in on CSWC shares. BidaskClub lowered shares of Capital Southwest from a “hold” rating to a “sell” rating in a research note on Wednesday, December 20th. Ladenburg Thalmann Financial Services started coverage on shares of Capital Southwest in a research note on Thursday, November 30th. They issued a “buy” rating and a $19.00 price objective on the stock. Finally, National Securities reiterated a “buy” rating and issued a $22.00 price objective on shares of Capital Southwest in a research note on Thursday, November 9th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $20.00.
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About Capital Southwest
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
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