Capital Southwest Corporation (NASDAQ:CSWC) has been given a consensus recommendation of “Buy” by the six brokerages that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $20.67.

CSWC has been the subject of several recent analyst reports. National Bank Financial reaffirmed a “buy” rating and set a $22.00 target price on shares of Capital Southwest Corporation in a research note on Wednesday, June 28th. National Securities initiated coverage on Capital Southwest Corporation in a research note on Tuesday, June 27th. They set a “buy” rating and a $22.00 target price for the company. BidaskClub raised Capital Southwest Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday. ValuEngine cut Capital Southwest Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Janney Montgomery Scott initiated coverage on Capital Southwest Corporation in a research note on Friday, June 30th. They set a “neutral” rating and a $18.00 target price for the company.

In other news, Director John H. Wilson acquired 5,000 shares of Capital Southwest Corporation stock in a transaction on Wednesday, June 28th. The stock was purchased at an average price of $16.30 per share, with a total value of $81,500.00. Following the completion of the purchase, the director now owns 17,000 shares of the company’s stock, valued at approximately $277,100. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas Duane Morgan acquired 3,100 shares of Capital Southwest Corporation stock in a transaction on Wednesday, June 7th. The stock was purchased at an average cost of $16.26 per share, with a total value of $50,406.00. Following the purchase, the director now directly owns 4,395 shares of the company’s stock, valued at approximately $71,462.70. The disclosure for this purchase can be found here. Insiders sold 5,500 shares of company stock valued at $88,775 in the last three months. Insiders own 5.90% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Punch & Associates Investment Management Inc. boosted its stake in shares of Capital Southwest Corporation by 4.7% in the second quarter. Punch & Associates Investment Management Inc. now owns 1,784,841 shares of the asset manager’s stock worth $28,700,000 after buying an additional 79,522 shares during the period. Cove Street Capital LLC boosted its stake in shares of Capital Southwest Corporation by 9.5% in the second quarter. Cove Street Capital LLC now owns 95,657 shares of the asset manager’s stock worth $1,538,000 after buying an additional 8,300 shares during the period. Zuckerman Investment Group LLC boosted its stake in shares of Capital Southwest Corporation by 0.6% in the second quarter. Zuckerman Investment Group LLC now owns 1,269,287 shares of the asset manager’s stock worth $20,410,000 after buying an additional 7,624 shares during the period. New York State Common Retirement Fund boosted its stake in shares of Capital Southwest Corporation by 12.3% in the second quarter. New York State Common Retirement Fund now owns 103,139 shares of the asset manager’s stock worth $1,658,000 after buying an additional 11,299 shares during the period. Finally, Bard Associates Inc. purchased a new stake in shares of Capital Southwest Corporation during the second quarter worth approximately $263,000. 61.77% of the stock is owned by hedge funds and other institutional investors.

Shares of Capital Southwest Corporation (NASDAQ:CSWC) traded up 0.41% on Tuesday, hitting $17.20. 59,688 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $16.42 and its 200 day moving average price is $16.24. Capital Southwest Corporation has a 1-year low of $13.81 and a 1-year high of $17.35. The company has a market cap of $275.30 million, a price-to-earnings ratio of 10.44 and a beta of -0.49.

Capital Southwest Corporation (NASDAQ:CSWC) last released its earnings results on Wednesday, May 31st. The asset manager reported $0.22 EPS for the quarter. Capital Southwest Corporation had a return on equity of 4.34% and a net margin of 96.98%. The business had revenue of $7.73 million during the quarter. On average, equities research analysts expect that Capital Southwest Corporation will post $1.11 earnings per share for the current year.

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Capital Southwest Corporation Company Profile

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.

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