Union Bancaire Privee UBP SA Invests $298,000 in Capital Southwest Co. (NASDAQ:CSWC)

Union Bancaire Privee UBP SA purchased a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,655 shares of the asset manager’s stock, valued at approximately $298,000.

Several other large investors have also recently bought and sold shares of CSWC. Creative Planning raised its stake in shares of Capital Southwest by 4.2% during the 3rd quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock worth $282,000 after purchasing an additional 452 shares in the last quarter. Hollencrest Capital Management increased its holdings in Capital Southwest by 8.6% in the third quarter. Hollencrest Capital Management now owns 6,527 shares of the asset manager’s stock worth $165,000 after buying an additional 518 shares during the last quarter. Confluence Investment Management LLC raised its position in Capital Southwest by 1.3% during the third quarter. Confluence Investment Management LLC now owns 98,463 shares of the asset manager’s stock valued at $2,490,000 after acquiring an additional 1,251 shares in the last quarter. Barclays PLC raised its position in Capital Southwest by 1.7% during the third quarter. Barclays PLC now owns 76,083 shares of the asset manager’s stock valued at $1,924,000 after acquiring an additional 1,263 shares in the last quarter. Finally, Quarry LP acquired a new stake in Capital Southwest in the third quarter valued at approximately $35,000. 23.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. B. Riley upped their price target on Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Capital Southwest from a “sell” rating to a “hold” rating in a report on Saturday, February 15th.

Capital Southwest Price Performance

Shares of CSWC stock opened at $23.17 on Tuesday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.64. Capital Southwest Co. has a 12 month low of $20.68 and a 12 month high of $27.23. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 16.43 and a beta of 1.24. The stock has a 50-day moving average price of $22.33 and a 200 day moving average price of $23.62.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, February 3rd. The asset manager reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. Research analysts expect that Capital Southwest Co. will post 2.54 EPS for the current year.

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 dividend yield of 10.01%. The ex-dividend date is Friday, March 14th. Capital Southwest’s payout ratio is 164.54%.

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.