Oxford Square Capital (NASDAQ:OXSQ) COO Buys $166,408.45 in Stock

Oxford Square Capital Corp. (NASDAQ:OXSQ) COO Saul Rosenthal purchased 144,703 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average price of $1.15 per share, with a total value of $166,408.45. Following the purchase, the chief operating officer owned 2,201,479 shares of the company’s stock, valued at approximately $2,531,700.85. The trade was a 7.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Oxford Square Capital Price Performance

Oxford Square Capital stock opened at $1.27 on Thursday. The company’s 50-day moving average is $1.78 and its 200-day moving average is $1.82. The firm has a market capitalization of $118.78 million, a PE ratio of -2.95 and a beta of 0.48. Oxford Square Capital Corp. has a fifty-two week low of $1.05 and a fifty-two week high of $2.42.

Oxford Square Capital (NASDAQ:OXSQ) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The business had revenue of ($23.52) million for the quarter, compared to the consensus estimate of $9.84 million. Oxford Square Capital had a positive return on equity of 14.11% and a negative net margin of 92.37%.

Oxford Square Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $0.035 per share. This represents a c) annualized dividend and a dividend yield of 33.1%. The ex-dividend date is Wednesday, September 16th. Oxford Square Capital’s payout ratio is currently -97.67%.

Analyst Ratings Changes

Several equities research analysts have issued reports on OXSQ shares. Wall Street Zen raised Oxford Square Capital from a “strong sell” rating to a “sell” rating in a report on Sunday. Weiss Ratings downgraded shares of Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Oxford Square Capital currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Oxford Square Capital

A number of large investors have recently made changes to their positions in the company. Millennium Management LLC lifted its holdings in Oxford Square Capital by 65.4% during the 3rd quarter. Millennium Management LLC now owns 763,282 shares of the company’s stock worth $1,214,000 after purchasing an additional 301,741 shares during the last quarter. Squarepoint Ops LLC grew its holdings in Oxford Square Capital by 167.2% in the 3rd quarter. Squarepoint Ops LLC now owns 512,153 shares of the company’s stock valued at $814,000 after buying an additional 320,467 shares in the last quarter. Legal & General Group Plc increased its position in Oxford Square Capital by 4.5% during the 2nd quarter. Legal & General Group Plc now owns 468,312 shares of the company’s stock worth $1,042,000 after buying an additional 20,205 shares during the period. Moloney Securities Asset Management LLC increased its position in Oxford Square Capital by 4.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 163,418 shares of the company’s stock worth $260,000 after buying an additional 7,674 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Oxford Square Capital during the second quarter worth $332,000. Institutional investors own 6.44% of the company’s stock.

About Oxford Square Capital

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.