Millennium Management LLC Purchases 27,451 Shares of Oxford Square Capital Corp. (NASDAQ:OXSQ)

Millennium Management LLC grew its position in Oxford Square Capital Corp. (NASDAQ:OXSQ) by 23.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 142,335 shares of the company’s stock after buying an additional 27,451 shares during the period. Millennium Management LLC owned 0.21% of Oxford Square Capital worth $347,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of Oxford Square Capital in the 4th quarter valued at about $49,000. Jane Street Group LLC bought a new stake in shares of Oxford Square Capital in the 4th quarter valued at about $199,000. Oxford Asset Management LLP bought a new stake in shares of Oxford Square Capital in the 4th quarter valued at about $147,000. Virtus ETF Advisers LLC boosted its holdings in shares of Oxford Square Capital by 26.2% in the 4th quarter. Virtus ETF Advisers LLC now owns 190,194 shares of the company’s stock valued at $464,000 after buying an additional 39,466 shares in the last quarter. Finally, United Bank bought a new stake in shares of Oxford Square Capital in the 4th quarter valued at about $43,000. 6.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a report on Sunday, May 4th.

Oxford Square Capital Stock Up 0.4%

Shares of Oxford Square Capital stock opened at $2.32 on Wednesday. The firm has a market capitalization of $165.59 million, a P/E ratio of -23.20 and a beta of 0.66. The company has a 50 day moving average price of $2.43 and a 200 day moving average price of $2.58. Oxford Square Capital Corp. has a 52 week low of $2.26 and a 52 week high of $3.10.

Oxford Square Capital (NASDAQ:OXSQ) last announced its quarterly earnings data on Friday, April 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The firm had revenue of $10.16 million during the quarter, compared to analyst estimates of $9.90 million. Oxford Square Capital had a negative net margin of 10.48% and a positive return on equity of 18.58%. During the same period last year, the firm posted $0.11 EPS.

Oxford Square Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 18.10%. The ex-dividend date of this dividend is Tuesday, September 16th. Oxford Square Capital’s payout ratio is currently 4,200.00%.

Oxford Square Capital Profile

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.