Oxford Square Capital (NASDAQ:OXSQ) COO Acquires $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 acquired at an average cost of $1.15 per share, with a total value of $166,408.45. Following the completion of the acquisition, the chief operating officer directly owned 2,201,479 shares in the company, valued at $2,531,700.85. The trade was a 7.04% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Oxford Square Capital Trading Down 7.2%

Shares of NASDAQ OXSQ opened at $1.28 on Friday. Oxford Square Capital Corp. has a twelve month low of $1.05 and a twelve month high of $2.42. The company has a market capitalization of $119.72 million, a price-to-earnings ratio of -2.98 and a beta of 0.48. The firm has a 50-day moving average of $1.76 and a two-hundred day moving average of $1.81.

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

Oxford Square Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 32.8%. Oxford Square Capital’s dividend payout ratio is currently -97.67%.

Hedge Funds Weigh In On Oxford Square Capital

Hedge funds have recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co increased its holdings in Oxford Square Capital by 72.3% in the third quarter. CANADA LIFE ASSURANCE Co now owns 97,936 shares of the company’s stock worth $155,000 after buying an additional 41,105 shares during the last quarter. Jane Street Group LLC increased its holdings in Oxford Square Capital by 68.0% in the second quarter. Jane Street Group LLC now owns 130,609 shares of the company’s stock worth $291,000 after buying an additional 52,857 shares during the last quarter. Squarepoint Ops LLC increased its holdings in Oxford Square Capital by 167.2% in the third quarter. Squarepoint Ops LLC now owns 512,153 shares of the company’s stock worth $814,000 after buying an additional 320,467 shares during the last quarter. Legal & General Group Plc increased its holdings in Oxford Square Capital by 4.5% in the second 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 last quarter. Finally, Millennium Management LLC increased its holdings in Oxford Square Capital by 65.4% in the third quarter. Millennium Management LLC now owns 763,282 shares of the company’s stock worth $1,214,000 after buying an additional 301,741 shares during the last quarter. Institutional investors and hedge funds own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

OXSQ has been the subject of a number of analyst reports. Wall Street Zen raised shares of Oxford Square Capital from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 17th. Weiss Ratings lowered shares of Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Oxford Square Capital Company Profile

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.