CSW Industrials, Inc. (NASDAQ:CSWI) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC decreased its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 0.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,533 shares of the basic materials company’s stock after selling 30 shares during the quarter. Los Angeles Capital Management LLC’s holdings in CSW Industrials were worth $1,661,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Capital World Investors raised its holdings in CSW Industrials by 956.8% in the 1st quarter. Capital World Investors now owns 376,573 shares of the basic materials company’s stock valued at $88,344,000 after acquiring an additional 340,939 shares during the last quarter. Vanguard Group Inc. boosted its stake in CSW Industrials by 39.1% during the first quarter. Vanguard Group Inc. now owns 1,213,748 shares of the basic materials company’s stock worth $284,745,000 after buying an additional 340,904 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in CSW Industrials in the 2nd quarter valued at $65,595,000. Principal Financial Group Inc. increased its stake in shares of CSW Industrials by 1,046.2% in the 3rd quarter. Principal Financial Group Inc. now owns 84,991 shares of the basic materials company’s stock worth $31,140,000 after acquiring an additional 77,576 shares during the last quarter. Finally, Natixis Advisors LLC purchased a new position in shares of CSW Industrials during the 2nd quarter worth $12,424,000. 82.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised shares of CSW Industrials from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $393.34, for a total value of $393,340.00. Following the completion of the sale, the chief executive officer now owns 51,698 shares in the company, valued at approximately $20,334,891.32. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.

CSW Industrials Trading Down 0.8 %

NASDAQ:CSWI opened at $414.55 on Thursday. The stock has a fifty day moving average price of $368.05 and a 200 day moving average price of $309.72. The firm has a market cap of $6.97 billion, a PE ratio of 56.32, a price-to-earnings-growth ratio of 3.35 and a beta of 0.78. CSW Industrials, Inc. has a 12-month low of $167.81 and a 12-month high of $428.46.

CSW Industrials Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 25th were issued a $0.24 dividend. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. The ex-dividend date was Friday, October 25th. This represents a $0.96 annualized dividend and a dividend yield of 0.23%. CSW Industrials’s dividend payout ratio is presently 13.04%.

CSW Industrials Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.