Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. cut its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 6.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 60,872 shares of the asset manager’s stock after selling 3,906 shares during the quarter. Cozad Asset Management Inc. owned about 0.13% of Capital Southwest worth $1,539,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Holdings Inc. grew its position in Capital Southwest by 31.9% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 94,701 shares of the asset manager’s stock worth $2,364,000 after buying an additional 22,915 shares during the period. Larson Financial Group LLC increased its stake in Capital Southwest by 101.7% in the 1st quarter. Larson Financial Group LLC now owns 2,017 shares of the asset manager’s stock valued at $50,000 after purchasing an additional 1,017 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Capital Southwest during the first quarter worth $351,000. Tectonic Advisors LLC grew its holdings in Capital Southwest by 6.1% in the first quarter. Tectonic Advisors LLC now owns 256,698 shares of the asset manager’s stock valued at $6,407,000 after purchasing an additional 14,763 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of Capital Southwest in the first quarter valued at $218,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

NASDAQ:CSWC opened at $23.31 on Friday. The firm has a 50 day simple moving average of $25.03 and a 200-day simple moving average of $25.46. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.16 and a quick ratio of 0.16. The firm has a market cap of $1.11 billion, a PE ratio of 14.21 and a beta of 1.25. Capital Southwest Co. has a 1-year low of $21.54 and a 1-year high of $27.23.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings results on Monday, October 28th. The asset manager reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. Capital Southwest had a return on equity of 15.54% and a net margin of 37.77%. The firm had revenue of $48.71 million for the quarter, compared to analyst estimates of $49.79 million. During the same period last year, the company earned $0.69 EPS. On average, equities analysts expect that Capital Southwest Co. will post 2.54 EPS for the current year.

Capital Southwest Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.52 dividend on an annualized basis and a yield of 10.81%. Capital Southwest’s payout ratio is 141.46%.

Analyst Ratings Changes

Separately, B. Riley boosted their price objective on shares of Capital Southwest from $24.00 to $24.50 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th.

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.