Capital Southwest (NASDAQ:CSWC) downgraded by Hovde Group to “Market Perform”

Capital Southwest (NASDAQ:CSWC – Get a rating) was downgraded by investment analysts Hovde Group from an “outperform” rating to a “market performance” rating in a research note released Wednesday, Fly reports.

A number of other brokerages have also weighed in on CSWC recently. TheStreet upgraded Capital Southwest shares from a “b-” rating to a “c” rating in a report on Friday, February 4. Zacks Investment Research cut shares of Capital Southwest from a “buy” rating to a “hold” rating in a Monday, Feb. 7 report. Four investment analysts gave the stock a hold rating and two gave the stock a buy rating. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $27.33.

CSWC shares opened at $23.71 on Wednesday. Capital Southwest has a 1-year low of $21.26 and a 1-year high of $28.41. The stock has a market capitalization of $567.29 million, a PE ratio of 15.40 and a beta of 1.18. The company has a 50-day simple moving average of $24.54 and a two-hundred-day simple moving average of $25.80. The company has a debt ratio of 0.56, a current ratio of 0.10 and a quick ratio of 0.10.

Capital Southwest (NASDAQ:CSWC – Get a rating) last announced its quarterly results on Monday, January 31. The asset manager reported earnings per share of $0.51 for the quarter, beating consensus analyst estimates of $0.47 by $0.04. Capital Southwest had a net margin of 42.58% and a return on equity of 10.50%. In the same quarter of the previous year, the company made earnings per share of $0.45. As a group, sell-side analysts expect Capital Southwest to post earnings per share of 1.86 for the current fiscal year.

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Strong management, innovative products – this company won’t stay under the radar for long

Major investors have recently changed their stake in the company. TCI Wealth Advisors Inc. purchased a new equity stake in Capital Southwest during Q3 for approximately $50,000. Huntington National Bank increased its position in Capital Southwest shares by 200 100.0% during the 4th quarter. Huntington National Bank now owns 2,002 shares of the asset manager worth $51,000 after buying 2,001 more shares in the last quarter. Deutsche Bank AG increased its position in Capital Southwest shares by 160.3% during the third quarter. Deutsche Bank AG now owns 2,616 shares of the asset manager worth $66,000 after buying an additional 1,611 shares in the last quarter. Total Clarity Wealth Management Inc. purchased a new equity stake in Capital Southwest during Q3 for approximately $69,000. Finally, BNP Paribas Arbitrage SA acquired a new equity stake in Capital Southwest during the 4th quarter for a value of approximately $88,000. Institutional investors and hedge funds hold 23.94% of the company’s shares.

Company profile Capital Sud-Ouest (Get a rating)

Capital Southwest is a public business development company with total assets of $496 million as of June 30, 2010. We provide patient capital to exceptional companies with significant growth potential. As a public company, we have the ability to hold investments indefinitely, which has provided the management teams of our holdings with a stable ownership platform since our inception in 1961.

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Analyst Recommendations for Capital Southwest (NASDAQ:CSWC)

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