Creative Planning Has $2.81 Million Position in Capital Southwest Co. (NASDAQ:CSWC)

Creative Planning raised its stake in shares of Capital Southwest Co. (NASDAQ:CSWC) by 591.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,074 shares of the asset manager’s stock after buying an additional 110,399 shares during the quarter. Creative Planning’s holdings in Capital Southwest were worth $2,814,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CSWC. Valeo Financial Advisors LLC acquired a new position in shares of Capital Southwest during the 2nd quarter worth about $34,000. Navellier & Associates Inc grew its position in shares of Capital Southwest by 14.0% during the 2nd quarter. Navellier & Associates Inc now owns 161,474 shares of the asset manager’s stock worth $3,383,000 after buying an additional 19,822 shares during the period. Advantage Investment Management LLC acquired a new position in shares of Capital Southwest during the 2nd quarter worth about $25,000. Aperio Group LLC acquired a new position in shares of Capital Southwest during the 2nd quarter worth about $208,000. Finally, Wells Fargo & Company MN grew its position in shares of Capital Southwest by 2.5% during the 2nd quarter. Wells Fargo & Company MN now owns 40,737 shares of the asset manager’s stock worth $854,000 after buying an additional 1,009 shares during the period. Institutional investors own 48.66% of the company’s stock.

Shares of CSWC opened at $21.05 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.32 and a current ratio of 0.32. The stock has a 50 day simple moving average of $21.87 and a 200 day simple moving average of $21.70. Capital Southwest Co. has a 52-week low of $17.22 and a 52-week high of $24.17. The firm has a market capitalization of $375.53 million, a PE ratio of 14.82 and a beta of 0.19.

Capital Southwest (NASDAQ:CSWC) last issued its quarterly earnings data on Tuesday, November 5th. The asset manager reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.05). Capital Southwest had a net margin of 44.96% and a return on equity of 8.55%. The business had revenue of $15.22 million during the quarter, compared to analyst estimates of $15.28 million. Equities research analysts predict that Capital Southwest Co. will post 1.7 EPS for the current fiscal year.

In other Capital Southwest news, Director David R. Brooks acquired 2,500 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $21.37 per share, for a total transaction of $53,425.00. Following the transaction, the director now owns 24,500 shares of the company’s stock, valued at $523,565. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.80% of the stock is currently owned by insiders.

CSWC has been the subject of several analyst reports. Zacks Investment Research lowered Capital Southwest from a “buy” rating to a “hold” rating in a research report on Thursday. ValuEngine lowered Capital Southwest from a “hold” rating to a “sell” rating in a research report on Saturday, September 14th. BidaskClub lowered Capital Southwest from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th. Jefferies Financial Group initiated coverage on Capital Southwest in a research report on Thursday, October 10th. They set a “buy” rating and a $24.00 target price for the company. Finally, National Securities initiated coverage on Capital Southwest in a research report on Monday, September 23rd. They set a “buy” rating and a $23.00 target price for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $23.40.

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.

Further Reading: Diluted Earnings Per Share

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Institutional Ownership by Quarter for Capital Southwest (NASDAQ:CSWC)

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