The number of short positions taken on Capital Southwest Company significantly increased in November (NASDAQ: CSWC). The number of borrowed shares increased by 44.5% from the previous day’s 173,200 shares to the current day’s 250,200 shares, which was November 30. The days-to-cover ratio is 0.9 at the moment, and this number is determined based on an average trading volume of 278.400 shares. The ratio is calculated as follows:
Additionally, the company has declared a quarterly dividend, scheduled to be paid out on the next business day, December 30. Record holders of the company’s stock will be eligible to receive a dividend payment of $0.52 on December 15. This payment will be made. The date to pay the dividend must be met on December 14, which falls on a Wednesday. The result is a dividend payment of $2.08 per year and a yield of 11.85 percent. This amount represents an increase to the previous payment of Capital Southwest’s quarterly dividend, which was $0.50. The new payment will be $0.75. Currently, Capital Southwest has a payout ratio of 109.89%, which is quite impressive.
The price of a share of CSWC was reduced by $0.36 during the trading session that started at noon on Wednesday, bringing the total to $17.56. During the session, the company traded 439,107 shares, significantly higher than its daily average volume of 195,902 shares. A few values can be used in this calculation, including a debt-to-equity ratio of 0.67, a current ratio of 0.16, and a quick ratio of 0.16. Capital Southwest reached its 52-week low of $16.28, while the company reached its 52-week high of $26.61 during this period. The stock’s moving average over the last 50 days is $18.08; over the last 200 days, it has been trading at $18.94. Both the price-to-earnings ratio of the company’s stock and the beta value of the stock are 9.68, and the beta value of the stock is 1.13. The company currently has a market capitalization of $518.37 million.
In the past few months, several other research companies have communicated their interest in CSWC. In a research report released on November 2, JMP Securities rated the company as a “market outperform” and decreased their target price for Capital Southwest from $25.00 to $22.00. Additionally, they lowered their target price for Capital Southwest from $25.00 to $22.00. The previous rating of Capital Southwest that TheStreet gave, a “c,” was raised to a “b-” in a research study published on November 23. StockNews.com initially published the in-depth research report on Capital Southwest on Wednesday, October 12; this date marks the report’s debut. They recommended that shareholders “hold” their shares of the company. In a research report published on Friday, December 9, B. Riley upgraded Capital Southwest from a “neutral” rating to a “buy” rating and set a target price of $20.00 for the stock. The report also included a target price of $20.00. The Hovde Group announced on Wednesday, October 5, that they have decreased their target price for Capital Southwest to $21.00. This news was included in a research report released on Wednesday, October 5. The firm has been recommended for purchase by three analysts working in equity research, while two of those same analysts have advised investors to maintain their current holdings. According to Bloomberg, the stock is currently rated as having a consensus rating of “Moderate Buy,” and the price goal for the stock is reportedly set at $21.50. Both of these pieces of information can be found here.
During the most recent few months, several hedge funds and other institutional investors have actively bought and sold CSWC shares. Envestnet Asset Management Inc. increased the number of Capital Southwest shares it held by 80.6% during the first three months of 2018. After purchasing an additional 8,435 asset management stock over the quarter, Envestnet Asset Management Inc. now has 18,904 shares in its ownership. There is currently a value of $449,000 attached to these shares. In recent months, investors have been both buyers and sellers of CSWC shares with a high activity level. Envestnet Asset Management Inc. increased the number of Capital Southwest shares it held by 80.6% during the first three months of 2018. After purchasing an additional 8,435 asset management stock over the quarter, Envestnet Asset Management Inc. now has 18,904 shares in its ownership. These shares are currently worth $449,000 at their market price. During the first three months of 2018, Commonwealth Equity Services LLC added 15.1% more ownership to its stake in Capital Southwest. After making an additional purchase of 2,169 shares during the relevant period, Commonwealth Equity Services LLC now owns 16,538 shares of the asset manager’s stock, which have a value of $392,000. This is because the company made an additional purchase during the relevant period. The Van ECK Associates Corp. increased the percentage of ownership it held in Capital Southwest by 56.4% over the first three months of 2018. Van ECK Associates Corp. now has 592,968 shares of the asset manager’s stock, which are worth a combined total of $14,071,000 after the company made an additional purchase of 213,942 shares during the relevant period.
Raymond James & Associates increased the amount of Capital Southwest shares it held by 5.2% during the year’s first quarter. The mineralization of one thing led to the mineralization of another thing. A very significant quantity of them. There are a great number of them in this location. There are a great number of them in this location. There are a great number of them in this location. There are a great number of them in this location. There are a great number of them in this location. After making an additional purchase of 777 shares during the period, Cambridge Investment Research Advisors Inc. now has 25,826 shares of the asset manager’s stock, which are worth a combined total of $613,000. This is because the company purchased 777 shares during the period in question. Institutional investors hold ownership of the company to 27.83 percent of the total shares outstanding.
Capital Southwest Corporation is a business development company focusing on investing in credit, private equity, and venture capital for middle-market companies. These investments can come in the form of either debt or equity investments. Mezzanine, later stage, mature, late venture, emerging growth, buyouts, recapitalizations, and growth capital investments are other types of investments that the company makes. It does not invest in start-up companies, publicly traded companies, publicly traded real estate firms, oil and gas exploration companies, real estate projects, project finance opportunities, struggling corporations, or businesses whose top management is leaving. Nor does it invest in oil and gas exploration companies.