By otakuyassine3@gmail.com 
CSW Industrials, Inc. (NASDAQ:CSWI – Get Free Report) Director Robert M. Swartz sold 200 shares of CSW Industrials stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $321.78, for a total value of $64,356.00. Following the completion of the sale, the director now directly owns 13,519 shares of the company’s stock, valued at $4,350,143.82. The trade was a 1.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
CSW Industrials Trading Up 1.6 %
Shares of NASDAQ:CSWI opened at $325.05 on Thursday. The stock has a 50 day moving average of $372.14 and a 200 day moving average of $359.71. The company has a market cap of $5.45 billion, a PE ratio of 38.84 and a beta of 0.84. CSW Industrials, Inc. has a 12-month low of $217.60 and a 12-month high of $436.50.
CSW Industrials (NASDAQ:CSWI – Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. Equities research analysts predict that CSW Industrials, Inc. will post 8.22 earnings per share for the current fiscal year.
CSW Industrials Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.24 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.30%. CSW Industrials’s payout ratio is presently 11.47%.
Institutional Investors Weigh In On CSW Industrials
Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its position in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 36 shares in the last quarter. National Bank of Canada FI bought a new position in CSW Industrials in the 3rd quarter worth approximately $28,000. V Square Quantitative Management LLC bought a new position in CSW Industrials in the 3rd quarter worth approximately $30,000. IFP Advisors Inc grew its holdings in CSW Industrials by 510.5% during the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock valued at $42,000 after buying an additional 97 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in shares of CSW Industrials during the third quarter valued at approximately $72,000. 82.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research firms have issued reports on CSWI. The Goldman Sachs Group cut their price target on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday. Wells Fargo & Company decreased their price target on shares of CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Finally, Citigroup cut their price objective on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $384.67.
Get Our Latest Stock Analysis on CSWI
CSW Industrials Company Profile
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.
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