CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC increased its holdings in CSW Industrials, Inc. (NASDAQ:CSWIGet Rating) by 29.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,646 shares of the basic materials company’s stock after buying an additional 1,290 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in CSW Industrials were worth $682,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CSWI. FIL Ltd raised its holdings in shares of CSW Industrials by 33.3% during the third quarter. FIL Ltd now owns 400 shares of the basic materials company’s stock valued at $51,000 after acquiring an additional 100 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of CSW Industrials during the third quarter valued at approximately $70,000. O Shaughnessy Asset Management LLC raised its holdings in shares of CSW Industrials by 13.3% during the third quarter. O Shaughnessy Asset Management LLC now owns 748 shares of the basic materials company’s stock valued at $96,000 after acquiring an additional 88 shares during the last quarter. Heritage Wealth Management LLC raised its holdings in shares of CSW Industrials by 18.4% during the third quarter. Heritage Wealth Management LLC now owns 773 shares of the basic materials company’s stock valued at $99,000 after acquiring an additional 120 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of CSW Industrials by 11.3% during the second quarter. Royal Bank of Canada now owns 1,687 shares of the basic materials company’s stock valued at $200,000 after acquiring an additional 171 shares during the last quarter. 75.92% of the stock is owned by institutional investors.

A number of brokerages have commented on CSWI. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a report on Thursday, April 7th. Sidoti initiated coverage on CSW Industrials in a research report on Thursday, March 31st. They issued a “buy” rating and a $149.00 price target for the company. Zacks Investment Research lowered CSW Industrials from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Finally, Barrington Research restated an “outperform” rating on shares of CSW Industrials in a research report on Thursday, January 27th.

Shares of CSWI stock traded up $1.07 during trading hours on Tuesday, reaching $109.98. The company had a trading volume of 619 shares, compared to its average volume of 48,546. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.55 and a quick ratio of 1.25. The stock has a fifty day simple moving average of $115.94. The firm has a market cap of $1.74 billion, a P/E ratio of 30.77 and a beta of 0.78. CSW Industrials, Inc. has a 12-month low of $107.14 and a 12-month high of $145.50.

CSW Industrials (NASDAQ:CSWIGet Rating) last issued its quarterly earnings data on Thursday, February 3rd. The basic materials company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.10. The company had revenue of $136.29 million during the quarter, compared to analyst estimates of $143.14 million. CSW Industrials had a return on equity of 14.43% and a net margin of 9.55%. During the same period in the prior year, the business posted $0.59 earnings per share. As a group, analysts anticipate that CSW Industrials, Inc. will post 4.16 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, May 13th. Stockholders of record on Friday, April 29th will be given a dividend of $0.17 per share. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend is Thursday, April 28th. CSW Industrials’s dividend payout ratio (DPR) is currently 16.95%.

CSW Industrials Profile (Get Rating)

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; grilles, registers, and diffusers; fire and smoke protection products; architecturally specified building products; and storage, filtration, and application equipment for use with its specialty chemicals and other products for general industrial applications.

Further Reading

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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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