Jonathan H. Cohen Purchases 4,256 Shares of Oxford Square Capital Corp. (NASDAQ:OXSQ) Stock

Oxford Square Capital Corp. (NASDAQ:OXSQGet Rating) CEO Jonathan H. Cohen bought 4,256 shares of Oxford Square Capital stock in a transaction on Wednesday, May 11th. The shares were purchased at an average cost of $3.98 per share, with a total value of $16,938.88. Following the acquisition, the chief executive officer now directly owns 1,627,631 shares of the company’s stock, valued at $6,477,971.38. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

OXSQ opened at $3.91 on Friday. The business’s 50-day simple moving average is $4.05 and its 200-day simple moving average is $4.12. Oxford Square Capital Corp. has a one year low of $3.68 and a one year high of $5.15. The stock has a market capitalization of $194.41 million, a P/E ratio of 19.55 and a beta of 1.13.

Oxford Square Capital (NASDAQ:OXSQGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.09. Oxford Square Capital had a return on equity of 6.41% and a net margin of 25.47%. During the same period last year, the firm posted $0.10 EPS. As a group, equities research analysts forecast that Oxford Square Capital Corp. will post 0.34 earnings per share for the current fiscal 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 paid a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 10.74%. The ex-dividend date of this dividend is Thursday, September 15th. Oxford Square Capital’s payout ratio is currently 210.00%.

A number of hedge funds have recently bought and sold shares of OXSQ. Marshall Wace LLP raised its holdings in Oxford Square Capital by 272.1% in the 4th quarter. Marshall Wace LLP now owns 107,123 shares of the company’s stock valued at $438,000 after acquiring an additional 78,332 shares during the last quarter. Millennium Management LLC purchased a new stake in Oxford Square Capital during the 3rd quarter worth $216,000. BlackRock Inc. boosted its position in Oxford Square Capital by 18.2% during the 3rd quarter. BlackRock Inc. now owns 342,121 shares of the company’s stock worth $1,386,000 after purchasing an additional 52,721 shares during the period. Moors & Cabot Inc. purchased a new stake in Oxford Square Capital during the 3rd quarter worth $25,000. Finally, D. E. Shaw & Co. Inc. purchased a new stake in Oxford Square Capital during the 4th quarter worth $97,000. 4.80% of the stock is currently owned by hedge funds and other institutional investors.

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

Oxford Square Capital Company Profile (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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