Ladenburg Thalmann Financial Services initiated coverage on shares of Capital Southwest (NASDAQ:CSWC) in a research note released on Thursday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $19.00 price objective on the asset manager’s stock.
CSWC has been the topic of several other reports. National Securities restated a buy rating and issued a $22.00 price objective on shares of Capital Southwest in a report on Friday, August 11th. Zacks Investment Research lowered shares of Capital Southwest from a hold rating to a sell rating in a report on Wednesday, August 30th. BidaskClub upgraded shares of Capital Southwest from a hold rating to a buy rating in a report on Tuesday, August 22nd. Finally, Robert W. Baird assumed coverage on shares of Capital Southwest in a report on Wednesday, August 30th. They issued an outperform rating and a $19.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Capital Southwest has an average rating of Buy and a consensus price target of $20.00.
Shares of Capital Southwest (NASDAQ:CSWC) opened at $17.01 on Thursday. Capital Southwest has a one year low of $14.80 and a one year high of $17.76. The company has a quick ratio of 10.42, a current ratio of 10.41 and a debt-to-equity ratio of 0.19. The firm has a market cap of $272.49, a P/E ratio of 18.90 and a beta of -0.55.
In related news, VP Douglas M. Kelley acquired 1,500 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $25,500.00. Following the acquisition, the vice president now owns 66,135 shares in the company, valued at approximately $1,124,295. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.90% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. acquired a new stake in Capital Southwest during the 2nd quarter worth approximately $179,000. JPMorgan Chase & Co. lifted its holdings in Capital Southwest by 8.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 15,722 shares of the asset manager’s stock worth $253,000 after buying an additional 1,207 shares in the last quarter. Bard Associates Inc. acquired a new stake in Capital Southwest during the 2nd quarter worth approximately $263,000. Wedbush Securities Inc. lifted its holdings in Capital Southwest by 27.5% during the 2nd quarter. Wedbush Securities Inc. now owns 21,804 shares of the asset manager’s stock worth $351,000 after buying an additional 4,700 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in Capital Southwest by 10.8% during the 2nd quarter. Prudential Financial Inc. now owns 22,500 shares of the asset manager’s stock worth $362,000 after buying an additional 2,200 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Ladenburg Thalmann Financial Services Begins Coverage on Capital Southwest (CSWC)” was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://weekherald.com/2017/12/04/ladenburg-thalmann-financial-services-begins-coverage-on-capital-southwest-cswc.html.
About Capital Southwest
Capital Southwest Corporation is an investment company that specializes in providing customized financing to middle market companies in a range of industry segments located primarily in the United States. The Company is a specialty lending company. Its principal investment objective is to produce risk-adjusted returns by generating current income from debt investments and capital appreciation from its equity and equity related investments.
Receive News & Ratings for Capital Southwest Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Southwest Co. and related companies with MarketBeat.com's FREE daily email newsletter.