Capital Southwest (NASDAQ:CSWC – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

According to Zacks, “Capital Southwest Corporation is a venture capital investment company whose objective is to achieve capital appreciation through long-term investments in businesses believed to have favorable growth potential. The Company’s investments are focused on early-stage financings, expansion financings, management buyouts and recapitalizations in a broad range of industry segments. The portfolio is a composite of companies in which the Company has major interests as well as a number of developing companies and marketable securities of established publicly-owned companies. “

CSWC has been the subject of several other research reports. TheStreet lowered shares of Capital Southwest from a “b-” rating to a “c” rating in a report on Friday, February 4th. Hovde Group lowered their price target on shares of Capital Southwest to $22.00 in a report on Friday, May 20th. Finally, StockNews.com began coverage on shares of Capital Southwest in a report on Thursday, March 31st. They issued a “hold” rating for the company. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $25.33.

CSWC traded up $0.19 during midday trading on Monday, reaching $22.75. 5,288 shares of the company’s stock were exchanged, compared to its average volume of 132,780. The firm has a market capitalization of $567.82 million, a price-to-earnings ratio of 12.04 and a beta of 1.11. The business has a 50-day simple moving average of $23.19 and a two-hundred day simple moving average of $24.54. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58. Capital Southwest has a one year low of $21.21 and a one year high of $28.41.

Capital Southwest (NASDAQ:CSWC – Get Rating) last posted its quarterly earnings data on Monday, May 23rd. The asset manager reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $21.03 million during the quarter, compared to analyst estimates of $21.50 million. Capital Southwest had a net margin of 52.08% and a return on equity of 10.96%. During the same quarter last year, the business posted $0.39 earnings per share. As a group, research analysts anticipate that Capital Southwest will post 1.97 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mckinley Capital Management LLC Delaware lifted its position in Capital Southwest by 70.7% during the 4th quarter. Mckinley Capital Management LLC Delaware now owns 98,908 shares of the asset manager’s stock worth $2,501,000 after buying an additional 40,949 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Capital Southwest by 3.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 14,369 shares of the asset manager’s stock worth $363,000 after buying an additional 461 shares in the last quarter. Van ECK Associates Corp lifted its position in Capital Southwest by 13.3% during the 4th quarter. Van ECK Associates Corp now owns 379,026 shares of the asset manager’s stock worth $9,582,000 after buying an additional 44,394 shares in the last quarter. Two Sigma Investments LP lifted its position in Capital Southwest by 80.2% during the 3rd quarter. Two Sigma Investments LP now owns 190,508 shares of the asset manager’s stock worth $4,797,000 after buying an additional 84,817 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its position in Capital Southwest by 1.1% during the 4th quarter. Sound Income Strategies LLC now owns 374,739 shares of the asset manager’s stock worth $9,473,000 after buying an additional 3,929 shares in the last quarter. 24.47% of the stock is currently owned by institutional investors and hedge funds.

About Capital Southwest (Get Rating)

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.

See Also

Get a free copy of the Zacks research report on Capital Southwest (CSWC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Capital Southwest Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Capital Southwest and related companies with MarketBeat.com’s FREE daily email newsletter.