Raymond James Raises Capital Southwest (NASDAQ:CSWC) Price Target to $26.50

Capital Southwest (NASDAQ:CSWCGet Free Report) had its price target hoisted by equities research analysts at Raymond James from $24.00 to $26.50 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the asset manager’s stock. Raymond James’ price objective would suggest a potential upside of 3.27% from the company’s current price.

Several other brokerages have also commented on CSWC. StockNews.com assumed coverage on shares of Capital Southwest in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. B. Riley lowered shares of Capital Southwest from a “buy” rating to a “neutral” rating and set a $23.50 price target on the stock. in a research note on Monday, January 8th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Capital Southwest currently has an average rating of “Hold” and an average target price of $22.75.

Get Our Latest Report on CSWC

Capital Southwest Trading Up 1.5 %

Capital Southwest stock opened at $25.66 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.14 and a current ratio of 0.14. Capital Southwest has a 1 year low of $16.34 and a 1 year high of $26.17. The firm’s 50-day moving average is $23.93 and its 200-day moving average is $22.57. The company has a market cap of $1.03 billion, a P/E ratio of 10.92 and a beta of 1.23.

Capital Southwest (NASDAQ:CSWCGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The asset manager reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.04. The firm had revenue of $48.57 million for the quarter, compared to analyst estimates of $45.12 million. Capital Southwest had a net margin of 52.16% and a return on equity of 16.40%. During the same quarter in the prior year, the business earned $0.62 earnings per share. On average, equities analysts expect that Capital Southwest will post 2.67 earnings per share for the current year.

Institutional Trading of Capital Southwest

A number of large investors have recently added to or reduced their stakes in the business. Millennium Management LLC grew its position in Capital Southwest by 23.3% in the fourth quarter. Millennium Management LLC now owns 875,326 shares of the asset manager’s stock worth $14,968,000 after buying an additional 165,544 shares during the last quarter. Punch & Associates Investment Management Inc. grew its position in Capital Southwest by 13.8% in the first quarter. Punch & Associates Investment Management Inc. now owns 851,447 shares of the asset manager’s stock worth $15,139,000 after buying an additional 103,390 shares during the last quarter. Melia Wealth LLC acquired a new position in Capital Southwest in the fourth quarter worth approximately $16,171,000. Van ECK Associates Corp grew its position in Capital Southwest by 11.7% in the third quarter. Van ECK Associates Corp now owns 661,405 shares of the asset manager’s stock worth $15,146,000 after buying an additional 69,265 shares during the last quarter. Finally, Zuckerman Investment Group LLC grew its position in Capital Southwest by 1.6% in the fourth quarter. Zuckerman Investment Group LLC now owns 632,520 shares of the asset manager’s stock worth $10,816,000 after buying an additional 10,251 shares during the last quarter. 20.58% of the stock is currently owned by institutional investors.

Capital Southwest Company Profile

(Get Free Report)

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, recapitalizations and growth capital investments. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.

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