Epiq Partners LLC Acquires 28,629 Shares of Capital Southwest Corporation $CSWC

Epiq Partners LLC boosted its holdings in shares of Capital Southwest Corporation (NASDAQ:CSWC) by 10.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 295,429 shares of the asset manager’s stock after acquiring an additional 28,629 shares during the period. Capital Southwest comprises 3.1% of Epiq Partners LLC’s portfolio, making the stock its 10th largest holding. Epiq Partners LLC’s holdings in Capital Southwest were worth $6,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Tower Research Capital LLC TRC grew its position in shares of Capital Southwest by 13,307.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after purchasing an additional 1,863 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Capital Southwest by 58.5% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 2,135 shares of the asset manager’s stock valued at $47,000 after buying an additional 788 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Capital Southwest during the 3rd quarter valued at $48,000. First Horizon Advisors Inc. increased its position in Capital Southwest by 1,214.0% during the second quarter. First Horizon Advisors Inc. now owns 2,628 shares of the asset manager’s stock worth $58,000 after buying an additional 2,428 shares in the last quarter. Finally, CWM LLC increased its position in Capital Southwest by 26.6% during the second quarter. CWM LLC now owns 2,930 shares of the asset manager’s stock worth $65,000 after buying an additional 615 shares in the last quarter. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Analysts Set New Price Targets

CSWC has been the topic of several recent research reports. Loop Capital restated a “buy” rating and issued a $23.00 price objective on shares of Capital Southwest in a research report on Wednesday, November 5th. Noble Financial raised shares of Capital Southwest to a “buy” rating in a research note on Wednesday, November 5th. Zacks Research upgraded shares of Capital Southwest from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Capital One Financial set a $22.00 price target on shares of Capital Southwest in a report on Tuesday, November 4th. Finally, Weiss Ratings raised shares of Capital Southwest from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 28th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $23.42.

Capital Southwest Stock Down 4.0%

Shares of NASDAQ:CSWC opened at $21.87 on Monday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 12.08 and a beta of 0.75. The stock’s 50-day moving average price is $22.81 and its two-hundred day moving average price is $22.05. Capital Southwest Corporation has a 12-month low of $17.46 and a 12-month high of $23.84.

Capital Southwest (NASDAQ:CSWC) last posted its quarterly earnings data on Monday, February 2nd. The asset manager reported $0.64 EPS for the quarter, meeting analysts’ consensus estimates of $0.64. The company had revenue of $61.45 million during the quarter, compared to the consensus estimate of $57.37 million. Capital Southwest had a net margin of 45.46% and a return on equity of 13.76%. During the same quarter in the prior year, the company posted $0.63 EPS. On average, research analysts forecast that Capital Southwest Corporation will post 2.54 EPS for the current year.

Capital Southwest Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.1934 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 10.6%. Capital Southwest’s dividend payout ratio (DPR) is currently 128.18%.

Capital Southwest Profile

Capital Southwest (NASDAQ: CSWC) is a publicly traded investment firm structured as a business development company (BDC) that provides customized financing solutions to middle-market companies across the United States. The firm offers a spectrum of debt and equity capital, including senior secured loans, mezzanine debt, and both preferred and common equity investments. By partnering with corporate management teams, Capital Southwest seeks to support growth initiatives, recapitalizations, acquisitions, and ownership transitions.

Founded in 1961 and headquartered in Dallas, Texas, Capital Southwest has cultivated a track record of long-term partnerships with privately held businesses and select public companies.