JPMorgan Chase & Co. Sells 1,041 Shares of Capital Southwest Co. (NASDAQ:CSWC)

JPMorgan Chase & Co. trimmed its stake in Capital Southwest Co. (NASDAQ:CSWC) by 21.5% in the third quarter, Holdings Channel reports. The firm owned 3,794 shares of the asset manager’s stock after selling 1,041 shares during the quarter. JPMorgan Chase & Co.’s holdings in Capital Southwest were worth $96,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Separately, B. Riley increased their price target on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research report on Wednesday, October 30th.

Capital Southwest Stock Up 0.9 %

Shares of NASDAQ:CSWC opened at $22.51 on Monday. Capital Southwest Co. has a 1 year low of $20.68 and a 1 year high of $27.23. The stock’s 50-day moving average is $22.25 and its 200 day moving average is $23.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market cap of $1.07 billion, a PE ratio of 13.73 and a beta of 1.24.

About Capital Southwest

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.