Capital Southwest (NASDAQ:CSWC) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued on Friday.

According to Zacks, “Capital Southwest Corporation is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. The Company’s investments are focused on early-stage financings, expansion financings, management buyouts and recapitalizations in a broad range of industry segments. The portfolio is a composite of companies in which the Company has major interests as well as a number of developing companies and marketable securities of established publicly-owned companies. “

Other equities research analysts also recently issued reports about the stock. National Securities upped their price objective on shares of Capital Southwest from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, November 12th. BidaskClub downgraded shares of Capital Southwest from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 20th.

CSWC stock traded down $0.19 during trading on Friday, reaching $20.72. The stock had a trading volume of 77,835 shares, compared to its average volume of 114,067. Capital Southwest has a one year low of $14.85 and a one year high of $24.17. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.28 and a current ratio of 0.28. The company has a market capitalization of $349.39 million, a price-to-earnings ratio of 20.51 and a beta of 0.19.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Wednesday, November 7th. The asset manager reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.06. Capital Southwest had a net margin of 102.03% and a return on equity of 6.23%. The business had revenue of $12.60 million during the quarter, compared to the consensus estimate of $10.58 million. On average, sell-side analysts forecast that Capital Southwest will post 1.44 EPS for the current fiscal year.

In related news, Director Jack D. Furst bought 2,900 shares of Capital Southwest stock in a transaction dated Monday, December 24th. The stock was purchased at an average cost of $18.16 per share, with a total value of $52,664.00. Following the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at $363,200. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jack D. Furst bought 6,404 shares of Capital Southwest stock in a transaction dated Wednesday, December 26th. The shares were bought at an average cost of $18.50 per share, with a total value of $118,474.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at $370,000. The disclosure for this purchase can be found here. Insiders acquired a total of 10,304 shares of company stock valued at $190,668 over the last ninety days. 6.68% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. Bard Associates Inc. grew its position in shares of Capital Southwest by 16.9% during the 2nd quarter. Bard Associates Inc. now owns 19,375 shares of the asset manager’s stock valued at $351,000 after acquiring an additional 2,800 shares during the period. Sumitomo Mitsui Asset Management Company LTD bought a new position in shares of Capital Southwest during the 3rd quarter valued at approximately $842,000. Advisory Research Inc. bought a new position in shares of Capital Southwest during the 3rd quarter valued at approximately $911,000. Sanders Morris Harris LLC bought a new position in shares of Capital Southwest during the 3rd quarter valued at approximately $1,122,000. Finally, Raymond James & Associates grew its position in shares of Capital Southwest by 8.6% during the 2nd quarter. Raymond James & Associates now owns 76,859 shares of the asset manager’s stock valued at $1,392,000 after acquiring an additional 6,064 shares during the period. 52.44% of the stock is owned by hedge funds and other institutional investors.

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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