Tower Research Capital LLC TRC Decreases Holdings in Capital Southwest Co. (NASDAQ:CSWC)

Tower Research Capital LLC TRC cut its stake in Capital Southwest Co. (NASDAQ:CSWC) by 42.0% during the 4th quarter, HoldingsChannel reports. The firm owned 1,093 shares of the asset manager’s stock after selling 793 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Capital Southwest were worth $26,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CSWC. Total Clarity Wealth Management Inc. acquired a new stake in shares of Capital Southwest in the fourth quarter valued at about $2,229,000. Van ECK Associates Corp lifted its holdings in Capital Southwest by 10.6% in the 4th quarter. Van ECK Associates Corp now owns 731,498 shares of the asset manager’s stock worth $17,337,000 after buying an additional 70,093 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Capital Southwest by 68.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 103,735 shares of the asset manager’s stock valued at $2,376,000 after buying an additional 41,993 shares during the last quarter. Raymond James Trust N.A. grew its stake in shares of Capital Southwest by 9.9% during the fourth quarter. Raymond James Trust N.A. now owns 17,324 shares of the asset manager’s stock valued at $411,000 after acquiring an additional 1,563 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of Capital Southwest during the fourth quarter worth about $26,000. Institutional investors and hedge funds own 23.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CSWC. Raymond James increased their price target on Capital Southwest from $24.00 to $26.50 and gave the company an “outperform” rating in a report on Wednesday, January 31st. B. Riley increased 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. Finally, JMP Securities reissued a “market outperform” rating and set a $26.00 price target on shares of Capital Southwest in a research report on Tuesday, March 26th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.50.

Capital Southwest Stock Up 1.5 %

Shares of CSWC stock traded up $0.38 during trading hours on Friday, hitting $26.17. 199,920 shares of the company were exchanged, compared to its average volume of 179,894. 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 $1.12 billion, a price-to-earnings ratio of 11.14 and a beta of 1.19. Capital Southwest Co. has a one year low of $17.36 and a one year high of $26.34. The business’s 50-day simple moving average is $24.74 and its two-hundred day simple moving average is $23.80.

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, 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.