U.S. Capital Wealth Advisors LLC Raises Stake in CSW Industrials, Inc. (NASDAQ:CSWI)

U.S. Capital Wealth Advisors LLC boosted its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 40.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,500 shares of the basic materials company’s stock after buying an additional 1,000 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in CSW Industrials were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its stake in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 36 shares during the period. National Bank of Canada FI purchased a new stake in shares of CSW Industrials during the third quarter valued at approximately $28,000. V Square Quantitative Management LLC purchased a new stake in shares of CSW Industrials during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new stake in shares of CSW Industrials during the third quarter valued at approximately $72,000. Finally, Nisa Investment Advisors LLC boosted its stake in shares of CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock valued at $76,000 after purchasing an additional 173 shares during the period. Hedge funds and other institutional investors own 82.79% of the company’s stock.

CSW Industrials Trading Down 0.8 %

CSWI opened at $319.85 on Wednesday. The stock has a fifty day simple moving average of $373.98 and a two-hundred day simple moving average of $359.95. The company has a market cap of $5.37 billion, a price-to-earnings ratio of 38.21 and a beta of 0.84. CSW Industrials, Inc. has a 12-month low of $216.61 and a 12-month high of $436.50.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.11. CSW Industrials had a return on equity of 15.72% and a net margin of 15.53%. On average, analysts predict that CSW Industrials, Inc. will post 8.22 EPS for the current year.

CSW Industrials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a $0.24 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.30%. CSW Industrials’s dividend payout ratio (DPR) is 11.47%.

Insider Activity

In other news, Director Robert M. Swartz sold 200 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $354.65, for a total transaction of $70,930.00. Following the completion of the transaction, the director now directly owns 13,719 shares in the company, valued at $4,865,443.35. This trade represents a 1.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $404.79, for a total value of $404,790.00. Following the transaction, the chief executive officer now owns 50,698 shares of the company’s stock, valued at $20,522,043.42. The trade was a 1.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,103 shares of company stock worth $3,841,894 over the last three months. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on CSWI shares. The Goldman Sachs Group dropped their price target on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Citigroup dropped their price target on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Wells Fargo & Company dropped their price target on CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Finally, StockNews.com lowered CSW Industrials from a “buy” rating to a “hold” rating in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, CSW Industrials presently has an average rating of “Hold” and an average price target of $384.67.

About CSW Industrials

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.