HFG Advisors Inc. Makes New $281,000 Investment in Capital Southwest Co. (NASDAQ:CSWC)

HFG Advisors Inc. purchased a new stake in shares of Capital Southwest Co. (NASDAQ:CSWC) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 11,100 shares of the asset manager’s stock, valued at approximately $281,000.

Several other institutional investors have also modified their holdings of CSWC. Creative Planning boosted its position in shares of Capital Southwest by 4.2% during the 3rd quarter. Creative Planning now owns 11,161 shares of the asset manager’s stock valued at $282,000 after purchasing an additional 452 shares in the last quarter. First Dallas Securities Inc. raised its holdings in Capital Southwest by 1.5% during the 2nd quarter. First Dallas Securities Inc. now owns 54,223 shares of the asset manager’s stock worth $1,415,000 after buying an additional 775 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in Capital Southwest by 1.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 55,254 shares of the asset manager’s stock valued at $1,265,000 after buying an additional 923 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Capital Southwest by 101.7% in the first quarter. Larson Financial Group LLC now owns 2,017 shares of the asset manager’s stock worth $50,000 after buying an additional 1,017 shares during the period. Finally, EntryPoint Capital LLC purchased a new position in shares of Capital Southwest in the first quarter worth approximately $28,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Capital Southwest Stock Down 0.1 %

Capital Southwest stock traded down $0.03 during trading hours on Thursday, hitting $25.66. The company had a trading volume of 42,454 shares, compared to its average volume of 297,626. The firm’s fifty day moving average is $24.96 and its 200-day moving average is $25.49. The firm has a market capitalization of $1.18 billion, a P/E ratio of 12.53 and a beta of 1.24. Capital Southwest Co. has a fifty-two week low of $20.72 and a fifty-two week high of $27.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.12 and a quick ratio of 0.12.

Capital Southwest (NASDAQ:CSWC) last issued its earnings results on Monday, August 5th. The asset manager reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.03). The firm had revenue of $51.35 million during the quarter, compared to analyst estimates of $49.31 million. Capital Southwest had a return on equity of 15.70% and a net margin of 38.92%. On average, research analysts forecast that Capital Southwest Co. will post 2.47 earnings per share for the current year.

Capital Southwest Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 9.98%. This is an increase from Capital Southwest’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, September 13th. Capital Southwest’s payout ratio is currently 113.17%.

Wall Street Analyst Weigh In

Separately, B. Riley reduced their price target on shares of Capital Southwest from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th.

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, industry consolidation, recapitalizations and growth capital investments.