Cambridge Investment Research Advisors Inc. Raises Position in Oxford Square Capital Corp. (NASDAQ:OXSQ)

Cambridge Investment Research Advisors Inc. increased its holdings in Oxford Square Capital Corp. (NASDAQ:OXSQ) by 42.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,782 shares of the company’s stock after buying an additional 5,626 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Oxford Square Capital were worth $49,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in OXSQ. Kennedy Investment Group purchased a new stake in Oxford Square Capital during the first quarter valued at about $26,000. United Bank purchased a new stake in Oxford Square Capital during the fourth quarter valued at about $43,000. Mercer Global Advisors Inc. ADV purchased a new stake in Oxford Square Capital during the fourth quarter valued at about $49,000. Silverberg Bernstein Capital Management LLC raised its position in Oxford Square Capital by 20.0% during the first quarter. Silverberg Bernstein Capital Management LLC now owns 55,919 shares of the company’s stock valued at $146,000 after purchasing an additional 9,337 shares in the last quarter. Finally, Oxford Asset Management LLP purchased a new stake in Oxford Square Capital during the fourth quarter valued at about $147,000. Hedge funds and other institutional investors own 6.44% of the company’s stock.

Analysts Set New Price Targets

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

Oxford Square Capital Price Performance

NASDAQ OXSQ opened at $2.33 on Wednesday. The stock’s 50-day simple moving average is $2.32 and its two-hundred day simple moving average is $2.52. Oxford Square Capital Corp. has a twelve month low of $2.14 and a twelve month high of $3.10. The company has a market capitalization of $177.14 million, a price-to-earnings ratio of 233.00 and a beta of 0.65.

Oxford Square Capital (NASDAQ:OXSQ) last released its quarterly earnings data on Friday, April 25th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $10.16 million for the quarter, compared to the consensus estimate of $9.90 million. Oxford Square Capital had a positive return on equity of 16.74% and a negative net margin of 1.12%. During the same quarter in the previous year, the business earned $0.11 earnings per share.

Oxford Square Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Thursday, July 17th. Oxford Square Capital’s dividend payout ratio is currently 4,200.00%.

About Oxford Square Capital

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.