Insider Buying: Oxford Square Capital Corp. (NASDAQ:OXSQ) COO Acquires 9,119 Shares of Stock

Oxford Square Capital Corp. (NASDAQ:OXSQGet Rating) COO Saul B. Rosenthal bought 9,119 shares of the business’s stock in a transaction on Tuesday, May 10th. The shares were acquired at an average cost of $4.00 per share, for a total transaction of $36,476.00. Following the purchase, the chief operating officer now directly owns 1,461,589 shares in the company, valued at $5,846,356. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of OXSQ stock opened at $3.91 on Friday. Oxford Square Capital Corp. has a 1 year low of $3.68 and a 1 year high of $5.15. The stock has a market cap of $194.41 million, a PE ratio of 19.55 and a beta of 1.13. The business’s fifty day moving average is $4.05 and its 200-day moving average is $4.12.

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

The business also recently announced a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be issued a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 10.74%. The ex-dividend date is Thursday, September 15th. Oxford Square Capital’s payout ratio is 210.00%.

Several analysts have weighed in on OXSQ shares. Zacks Investment Research raised Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Wednesday. StockNews.com upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a research report on Wednesday.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in shares of Oxford Square Capital by 9.4% in the 4th quarter. BlackRock Inc. now owns 374,294 shares of the company’s stock worth $1,527,000 after acquiring an additional 32,173 shares during the last quarter. Moloney Securities Asset Management LLC grew its holdings in shares of Oxford Square Capital by 2.1% in the 1st quarter. Moloney Securities Asset Management LLC now owns 151,972 shares of the company’s stock worth $637,000 after acquiring an additional 3,163 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Oxford Square Capital by 9.0% in the 1st quarter. International Assets Investment Management LLC now owns 120,653 shares of the company’s stock worth $506,000 after acquiring an additional 10,000 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Oxford Square Capital by 272.1% in the 4th quarter. Marshall Wace LLP now owns 107,123 shares of the company’s stock worth $438,000 after acquiring an additional 78,332 shares during the last quarter. Finally, Morgan Stanley grew its holdings in shares of Oxford Square Capital by 21.4% in the 3rd quarter. Morgan Stanley now owns 86,659 shares of the company’s stock worth $351,000 after acquiring an additional 15,304 shares during the last quarter. Institutional investors and hedge funds 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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