Capital Southwest Co. (NASDAQ:CSWC) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC trimmed its holdings in Capital Southwest Co. (NASDAQ:CSWC) by 42.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,093 shares of the asset manager’s stock after selling 793 shares during the period. Tower Research Capital LLC TRC’s holdings in Capital Southwest were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSWC. Melia Wealth LLC acquired a new position in shares of Capital Southwest during the 4th quarter worth approximately $16,171,000. Beacon Pointe Advisors LLC increased its position in Capital Southwest by 855.5% during the fourth quarter. Beacon Pointe Advisors LLC now owns 405,411 shares of the asset manager’s stock worth $9,608,000 after purchasing an additional 362,981 shares during the last quarter. Total Clarity Wealth Management Inc. purchased a new position in Capital Southwest during the fourth quarter worth about $2,229,000. Van ECK Associates Corp raised its stake in Capital Southwest by 10.6% during the fourth quarter. Van ECK Associates Corp now owns 731,498 shares of the asset manager’s stock worth $17,337,000 after purchasing an additional 70,093 shares during the period. Finally, Hodges Capital Management Inc. purchased a new stake in shares of Capital Southwest in the 3rd quarter valued at approximately $1,452,000. 23.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. JMP Securities reiterated a “market outperform” rating and issued a $26.00 price objective on shares of Capital Southwest in a report on Tuesday, March 26th. B. Riley raised their price objective on Capital Southwest from $23.50 to $24.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. Finally, Raymond James boosted their price objective on shares of Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $25.50.

Capital Southwest Trading Up 1.5 %

Capital Southwest stock traded up $0.38 during midday trading on Friday, reaching $26.17. 199,920 shares of the stock traded hands, compared to its average volume of 179,894. The company has a 50-day simple moving average of $24.74 and a two-hundred day simple moving average of $23.80. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45. Capital Southwest Co. has a 12-month low of $17.36 and a 12-month high of $26.34. The firm has a market cap of $1.12 billion, a PE ratio of 11.14 and a beta of 1.19.

Capital Southwest Profile

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.