Capital Southwest (NASDAQ:CSWC) Sets New 1-Year High at $26.79

Capital Southwest Co. (NASDAQ:CSWC) reached a new 52-week high on Tuesday . The company traded as high as $26.79 and last traded at $26.63, with a volume of 27720 shares traded. The stock had previously closed at $26.53.

Analysts Set New Price Targets

A number of research firms recently commented on CSWC. Raymond James boosted their price target on Capital Southwest from $24.00 to $26.50 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. JMP Securities reissued a “market outperform” rating and issued a $26.00 price objective on shares of Capital Southwest in a research note on Tuesday, March 26th. Finally, B. Riley upped their target price on Capital Southwest from $23.50 to $24.00 and gave the company a “neutral” rating in a research note 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.50.

Capital Southwest Trading Up 1.3 %

The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a market capitalization of $1.15 billion, a PE ratio of 11.43 and a beta of 1.19. The company has a 50 day moving average of $24.88 and a two-hundred day moving average of $23.90.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CSWC. Melia Wealth LLC purchased a new position in shares of Capital Southwest during the 4th quarter valued at approximately $16,171,000. Sanders Morris Harris LLC acquired a new stake in shares of Capital Southwest during the 1st quarter valued at about $16,079,000. Beacon Pointe Advisors LLC increased its stake in shares of Capital Southwest by 855.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 405,411 shares of the asset manager’s stock valued at $9,608,000 after purchasing an additional 362,981 shares in the last quarter. Van ECK Associates Corp raised its holdings in Capital Southwest by 15.8% in the 1st quarter. Van ECK Associates Corp now owns 847,225 shares of the asset manager’s stock worth $21,147,000 after purchasing an additional 115,727 shares during the period. Finally, Confluence Investment Management LLC purchased a new position in Capital Southwest during the first quarter worth approximately $2,391,000. 23.42% of the stock is owned by institutional investors and hedge funds.

Capital Southwest Company 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.