Saul Rosenthal Purchases 144,703 Shares of Oxford Square Capital (NASDAQ:OXSQ) Stock

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

Oxford Square Capital Trading Down 7.2%

Oxford Square Capital stock opened at $1.28 on Friday. Oxford Square Capital Corp. has a 12-month low of $1.05 and a 12-month high of $2.42. The firm 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 200 day moving average of $1.81.

Oxford Square Capital (NASDAQ:OXSQ) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The firm had revenue of ($23.52) million during the quarter, compared to analysts’ expectations 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 Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.035 dividend. This represents a c) annualized dividend and a dividend yield of 32.8%. The ex-dividend date is Wednesday, September 16th. Oxford Square Capital’s payout ratio is presently -97.67%.

Hedge Funds Weigh In On Oxford Square Capital

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in Oxford Square Capital by 68.0% in the 2nd quarter. Jane Street Group LLC now owns 130,609 shares of the company’s stock worth $291,000 after acquiring an additional 52,857 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in shares of Oxford Square Capital by 72.3% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 97,936 shares of the company’s stock valued at $155,000 after acquiring an additional 41,105 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Oxford Square Capital during the 3rd quarter valued at approximately $119,000. Susquehanna International Group LLP purchased a new position in shares of Oxford Square Capital in the third quarter valued at $63,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Oxford Square Capital in the third quarter worth $59,000. Hedge funds and other institutional investors own 6.44% of the company’s stock.

Analysts Set New Price Targets

OXSQ has been the topic of a number of research analyst reports. Weiss Ratings cut Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. Wall Street Zen raised shares of Oxford Square Capital from a “strong sell” rating to a “sell” rating in a report on Sunday, May 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock 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.