David R. Brooks Acquires 2,000 Shares of Capital Southwest Co. (CSWC) Stock

Capital Southwest Co. (NASDAQ:CSWC) Director David R. Brooks bought 2,000 shares of the stock in a transaction dated Friday, December 28th. The shares were bought at an average cost of $16.66 per share, with a total value of $33,320.00. Following the completion of the purchase, the director now directly owns 22,000 shares of the company’s stock, valued at approximately $366,520. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Capital Southwest Co. (NASDAQ CSWC) opened at $16.90 on Wednesday. The stock has a market cap of $270.73, a price-to-earnings ratio of 9.71 and a beta of 0.54. Capital Southwest Co. has a one year low of $15.04 and a one year high of $17.76. The company has a debt-to-equity ratio of 0.19, a quick ratio of 10.42 and a current ratio of 10.41.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th were paid a dividend of $0.26 per share. This is a positive change from Capital Southwest’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date of this dividend was Thursday, December 14th. Capital Southwest’s payout ratio is currently 59.77%.

A number of analysts have recently issued reports on the stock. National Securities reissued a “buy” rating and set a $22.00 target price on shares of Capital Southwest in a research note on Monday, October 23rd. 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 assumed coverage on shares of Capital Southwest in a research note on Thursday, November 30th. They set a “buy” rating and a $19.00 target price for the company. Finally, Zacks Investment Research raised shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $20.00.

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of Capital Southwest by 8.3% in the second quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock valued at $253,000 after acquiring an additional 1,207 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Capital Southwest by 1.7% in the second quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock valued at $1,846,000 after acquiring an additional 1,937 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of Capital Southwest by 10.8% in the second quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock valued at $362,000 after acquiring an additional 2,200 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Capital Southwest by 18.0% in the second quarter. Wells Fargo & Company MN now owns 24,216 shares of the asset manager’s stock valued at $389,000 after acquiring an additional 3,696 shares in the last quarter. Finally, Zuckerman Investment Group LLC raised its holdings in shares of Capital Southwest by 0.6% in the second quarter. Zuckerman Investment Group LLC now owns 1,269,287 shares of the asset manager’s stock valued at $20,410,000 after acquiring an additional 7,624 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

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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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