Womack Financial LLC Invests $5.48 Million in Capital Southwest Corporation $CSWC

Womack Financial LLC purchased a new position in shares of Capital Southwest Corporation (NASDAQ:CSWC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 230,538 shares of the asset manager’s stock, valued at approximately $5,480,000. Capital Southwest accounts for 3.6% of Womack Financial LLC’s portfolio, making the stock its 5th biggest holding. Womack Financial LLC owned 0.36% of Capital Southwest at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CSWC. Triumph Capital Management purchased a new stake in Capital Southwest in the 3rd quarter valued at approximately $28,000. Allied Private Wealth LLC purchased a new position in shares of Capital Southwest during the 2nd quarter worth approximately $37,000. Tower Research Capital LLC TRC lifted its holdings in shares of Capital Southwest by 13,307.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,877 shares of the asset manager’s stock valued at $41,000 after buying an additional 1,863 shares during the period. Osbon Capital Management LLC purchased a new stake in shares of Capital Southwest in the fourth quarter valued at approximately $55,000. Finally, CENTRAL TRUST Co acquired a new position in Capital Southwest during the first quarter worth $60,000. 23.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Capital Southwest in a report on Thursday, June 18th. Citigroup reiterated a “market outperform” rating on shares of Capital Southwest in a research note on Wednesday, August 5th. B. Riley Financial boosted their price objective on shares of Capital Southwest from $24.50 to $25.50 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Citizens Jmp increased their target price on shares of Capital Southwest from $25.00 to $26.00 and gave the company a “market outperform” rating in a report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $23.60.

Capital Southwest Price Performance

Shares of NASDAQ:CSWC opened at $25.28 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.17 and a current ratio of 0.17. The business’s fifty day moving average price is $23.97 and its two-hundred day moving average price is $23.31. The stock has a market cap of $1.61 billion, a PE ratio of 13.97 and a beta of 0.69. Capital Southwest Corporation has a one year low of $19.37 and a one year high of $25.37.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, August 3rd. The asset manager reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $61.05 million during the quarter, compared to the consensus estimate of $61.22 million. Capital Southwest had a net margin of 46.68% and a return on equity of 13.88%. During the same period in the previous year, the firm posted $0.61 earnings per share. On average, analysts forecast that Capital Southwest Corporation will post 2.27 EPS for the current fiscal year.

Capital Southwest Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.1934 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Tuesday, September 15th. Capital Southwest’s dividend payout ratio (DPR) is 128.18%.

Capital Southwest Company 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.