Vanguard Group Inc. Has $39.19 Million Position in CSW Industrials Inc (CSWI)
Vanguard Group Inc. boosted its position in shares of CSW Industrials Inc (NASDAQ:CSWI) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 729,771 shares of the basic materials company’s stock after buying an additional 5,060 shares during the quarter. Vanguard Group Inc. owned approximately 4.78% of CSW Industrials worth $39,188,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in shares of CSW Industrials by 200.4% during the 3rd quarter. Morgan Stanley now owns 240,422 shares of the basic materials company’s stock worth $12,910,000 after buying an additional 160,395 shares during the last quarter. B. Riley Wealth Management Inc. purchased a new stake in CSW Industrials in the 3rd quarter valued at $215,000. TIAA CREF Investment Management LLC raised its position in CSW Industrials by 7.0% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 44,006 shares of the basic materials company’s stock valued at $2,363,000 after purchasing an additional 2,885 shares during the last quarter. Teachers Advisors LLC raised its position in CSW Industrials by 4.6% in the 3rd quarter. Teachers Advisors LLC now owns 30,155 shares of the basic materials company’s stock valued at $1,619,000 after purchasing an additional 1,332 shares during the last quarter. Finally, MetLife Investment Advisors LLC raised its position in CSW Industrials by 52.6% in the 3rd quarter. MetLife Investment Advisors LLC now owns 11,260 shares of the basic materials company’s stock valued at $605,000 after purchasing an additional 3,883 shares during the last quarter. Institutional investors own 73.25% of the company’s stock.
NASDAQ CSWI traded down $0.55 during mid-day trading on Monday, hitting $53.95. The company’s stock had a trading volume of 904 shares, compared to its average volume of 38,205. CSW Industrials Inc has a 52-week low of $41.50 and a 52-week high of $57.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.67 and a current ratio of 2.81. The firm has a market capitalization of $821.41 million, a price-to-earnings ratio of 21.63 and a beta of 1.27.
Separately, BidaskClub cut shares of CSW Industrials from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th.
In other CSW Industrials news, Director Robert M. Swartz acquired 1,001 shares of the firm’s stock in a transaction on Thursday, December 6th. The stock was purchased at an average price of $50.86 per share, with a total value of $50,910.86. Following the completion of the acquisition, the director now directly owns 9,038 shares in the company, valued at approximately $459,672.68. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.20% of the company’s stock.
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CSW Industrials Profile
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. The company operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; fire and smoke protection products; architecturally-specified building products; and storage, filtration, and application equipment for use with specialty chemicals and other products.
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