Oxford Square Capital (NASDAQ:OXSQ) Rating Lowered to Sell at StockNews.com

StockNews.com cut shares of Oxford Square Capital (NASDAQ:OXSQGet Rating) from a hold rating to a sell rating in a report issued on Tuesday.

Separately, Zacks Investment Research upgraded shares of Oxford Square Capital from a sell rating to a hold rating in a research report on Tuesday, April 12th.

Shares of Oxford Square Capital stock opened at $4.08 on Tuesday. The company has a 50 day moving average of $4.06 and a 200-day moving average of $4.12. Oxford Square Capital has a 1-year low of $3.68 and a 1-year high of $5.22. The company has a market cap of $202.82 million, a PE ratio of 20.40 and a beta of 1.13.

Oxford Square Capital (NASDAQ:OXSQGet Rating) last issued its quarterly earnings results on Thursday, April 28th. The company reported $0.09 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.09. Oxford Square Capital had a net margin of 25.47% and a return on equity of 6.41%. During the same quarter in the prior year, the firm posted $0.10 earnings per share. As a group, equities analysts predict that Oxford Square Capital will post 0.34 earnings per share for the current year.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 10.29%. The ex-dividend date is Thursday, September 15th. Oxford Square Capital’s dividend payout ratio is 210.00%.

In other Oxford Square Capital news, COO Saul B. Rosenthal purchased 6,600 shares of the firm’s stock in a transaction on Friday, March 11th. The stock was purchased at an average cost of $3.96 per share, for a total transaction of $26,136.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jonathan H. Cohen purchased 8,653 shares of the firm’s stock in a transaction on Wednesday, March 23rd. The stock was acquired at an average price of $4.09 per share, with a total value of $35,390.77. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 65,339 shares of company stock valued at $261,965. 8.60% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in OXSQ. Moors & Cabot Inc. acquired a new position in Oxford Square Capital in the 3rd quarter valued at approximately $25,000. Schonfeld Strategic Advisors LLC acquired a new position in Oxford Square Capital in the 4th quarter valued at approximately $41,000. WINTON GROUP Ltd acquired a new position in Oxford Square Capital in the 4th quarter valued at approximately $41,000. Two Sigma Securities LLC acquired a new position in Oxford Square Capital in the 3rd quarter valued at approximately $42,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Oxford Square Capital in the 4th quarter valued at $43,000. Hedge funds and other institutional investors own 4.80% of the company’s stock.

About Oxford Square Capital (Get Rating)

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.

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