BidaskClub Downgrades Capital Southwest (CSWC) to Sell

Capital Southwest (NASDAQ:CSWC) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

CSWC has been the subject of several other research reports. Zacks Investment Research lowered shares of Capital Southwest from a “hold” rating to a “sell” rating in a report on Wednesday, August 30th. National Securities restated a “buy” rating and set a $22.00 price target on shares of Capital Southwest in a report on Thursday, November 9th. Ladenburg Thalmann Financial Services began coverage on shares of Capital Southwest in a report on Thursday, November 30th. They set a “buy” rating and a $19.00 price target for the company. Finally, Robert W. Baird began coverage on shares of Capital Southwest in a report on Wednesday, August 30th. They set an “outperform” rating and a $19.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $20.00.

Capital Southwest (NASDAQ CSWC) opened at $16.37 on Wednesday. The stock has a market cap of $260.95, a P/E ratio of 18.10 and a beta of -0.55. Capital Southwest has a fifty-two week low of $15.04 and a fifty-two week high of $17.76. The company has a quick ratio of 10.42, a current ratio of 10.41 and a debt-to-equity ratio of 0.19.

In related news, VP Douglas M. Kelley acquired 1,500 shares of Capital Southwest stock in a transaction dated Monday, November 13th. The stock was bought at an average price of $17.00 per share, with a total value of $25,500.00. Following the transaction, the vice president now directly owns 66,135 shares in the company, valued at approximately $1,124,295. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 5.90% of the company’s stock.

Several hedge funds have recently made changes to their positions in CSWC. Russell Investments Group Ltd. grew its position in Capital Southwest by 1.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 114,753 shares of the asset manager’s stock valued at $1,846,000 after purchasing an additional 1,937 shares during the period. Advisors Asset Management Inc. acquired a new stake in Capital Southwest in the 2nd quarter valued at $179,000. Prudential Financial Inc. grew its position in Capital Southwest by 10.8% in the 2nd quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock valued at $362,000 after purchasing an additional 2,200 shares during the period. JPMorgan Chase & Co. grew its position in Capital Southwest by 8.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock valued at $253,000 after purchasing an additional 1,207 shares during the period. Finally, Kennedy Capital Management Inc. grew its position in Capital Southwest by 249.3% in the 2nd quarter. Kennedy Capital Management Inc. now owns 44,035 shares of the asset manager’s stock valued at $708,000 after purchasing an additional 31,428 shares during the period. 60.03% of the stock is owned by institutional investors.

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Capital Southwest Company Profile

Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.

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