Capital Southwest Corporation (NASDAQ:CSWC) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Thursday, July 6th.

CSWC has been the topic of several other research reports. National Securities assumed coverage on Capital Southwest Corporation in a research note on Tuesday, June 27th. They set a “buy” rating and a $22.00 price target on the stock. National Bank Financial reaffirmed a “buy” rating and issued a $22.00 target price on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. Finally, Janney Montgomery Scott assumed coverage on Capital Southwest Corporation in a research note on Friday, June 30th. They issued a “neutral” rating and a $18.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Capital Southwest Corporation has an average rating of “Buy” and an average target price of $20.67.

Capital Southwest Corporation (CSWC) traded down 0.49% during mid-day trading on Thursday, reaching $16.36. The company’s stock had a trading volume of 7,443 shares. Capital Southwest Corporation has a 12-month low of $13.81 and a 12-month high of $17.33. The company has a market cap of $261.94 million, a PE ratio of 11.05 and a beta of -0.49. The firm’s 50 day moving average is $16.25 and its 200-day moving average is $16.23.

Capital Southwest Corporation (NASDAQ:CSWC) last released its earnings results on Wednesday, May 31st. The asset manager reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $7.73 million for the quarter. Capital Southwest Corporation had a return on equity of 3.44% and a net margin of 100.01%. Equities analysts anticipate that Capital Southwest Corporation will post $1.11 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://www.thecerbatgem.com/2017/08/04/capital-southwest-corporation-nasdaqcswc-stock-rating-lowered-by-valuengine-updated-updated-updated.html.

In related news, Director Thomas Duane Morgan purchased 3,100 shares of the stock in a transaction that occurred on Wednesday, June 7th. The stock was purchased at an average cost of $16.26 per share, for a total transaction of $50,406.00. Following the acquisition, the director now owns 4,395 shares in the company, valued at $71,462.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John H. Wilson purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was bought at an average price of $16.30 per share, with a total value of $81,500.00. Following the completion of the acquisition, the director now owns 17,000 shares in the company, valued at approximately $277,100. The disclosure for this purchase can be found here. In the last three months, insiders have sold 6,500 shares of company stock worth $104,790. Corporate insiders own 5.90% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. bought a new position in shares of Capital Southwest Corporation during the second quarter valued at approximately $179,000. Steinberg Global Asset Management boosted its position in shares of Capital Southwest Corporation by 8.1% in the second quarter. Steinberg Global Asset Management now owns 16,020 shares of the asset manager’s stock valued at $258,000 after buying an additional 1,200 shares during the last quarter. Wedbush Securities Inc. boosted its position in shares of Capital Southwest Corporation by 27.5% in the second quarter. Wedbush Securities Inc. now owns 21,804 shares of the asset manager’s stock valued at $351,000 after buying an additional 4,700 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of Capital Southwest Corporation 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 buying an additional 1,937 shares during the last quarter. Institutional investors own 62.77% of the company’s stock.

About Capital Southwest Corporation

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Stock Ratings for Capital Southwest Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest Corporation and related stocks with our FREE daily email newsletter.