Mraz Amerine & Associates Inc. trimmed its holdings in Capital Southwest Co. (NASDAQ:CSWC – Free Report) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 43,521 shares of the asset manager’s stock after selling 1,723 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Capital Southwest were worth $950,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Autumn Glory Partners LLC boosted its holdings in shares of Capital Southwest by 53.8% in the 4th quarter. Autumn Glory Partners LLC now owns 20,000 shares of the asset manager’s stock valued at $436,000 after buying an additional 7,000 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Capital Southwest by 3.3% during the fourth quarter. Van ECK Associates Corp now owns 1,190,204 shares of the asset manager’s stock worth $25,970,000 after purchasing an additional 38,051 shares during the last quarter. Tectonic Advisors LLC increased its position in shares of Capital Southwest by 21.0% during the fourth quarter. Tectonic Advisors LLC now owns 398,008 shares of the asset manager’s stock worth $8,685,000 after purchasing an additional 69,174 shares in the last quarter. First Dallas Securities Inc. lifted its holdings in shares of Capital Southwest by 18.8% in the 4th quarter. First Dallas Securities Inc. now owns 67,108 shares of the asset manager’s stock valued at $1,464,000 after purchasing an additional 10,596 shares during the last quarter. Finally, Hodges Capital Management Inc. boosted its position in shares of Capital Southwest by 17.2% in the 4th quarter. Hodges Capital Management Inc. now owns 91,753 shares of the asset manager’s stock valued at $2,002,000 after purchasing an additional 13,448 shares during the period. 23.42% of the stock is currently owned by hedge funds and other institutional investors.
Capital Southwest Stock Up 0.6 %
CSWC opened at $23.46 on Tuesday. The company has a market cap of $1.19 billion, a PE ratio of 16.64 and a beta of 1.24. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. The business has a 50 day moving average price of $22.21 and a two-hundred day moving average price of $23.64. Capital Southwest Co. has a 52 week low of $20.68 and a 52 week high of $27.23.
Capital Southwest Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 9.89%. The ex-dividend date is Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on CSWC shares. B. Riley boosted their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a research note on Saturday.
Read Our Latest Report on Capital Southwest
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.
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