Founders Financial Alliance LLC Grows Position in Oxford Square Capital Corp. (NASDAQ:OXSQ)

Founders Financial Alliance LLC raised its position in Oxford Square Capital Corp. (NASDAQ:OXSQ) by 124.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 84,865 shares of the company’s stock after purchasing an additional 47,000 shares during the period. Founders Financial Alliance LLC’s holdings in Oxford Square Capital were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Moloney Securities Asset Management LLC increased its holdings in shares of Oxford Square Capital by 3.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock valued at $378,000 after acquiring an additional 5,319 shares during the period. Kingsview Wealth Management LLC increased its stake in Oxford Square Capital by 23.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock valued at $167,000 after purchasing an additional 13,000 shares during the period. BostonPremier Wealth LLC acquired a new position in Oxford Square Capital in the fourth quarter valued at $160,000. Creative Planning raised its holdings in shares of Oxford Square Capital by 17.6% in the third quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after buying an additional 6,103 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of Oxford Square Capital during the fourth quarter worth about $30,000. 6.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Oxford Square Capital from a “hold” rating to a “sell” rating in a research note on Friday, March 7th.

Oxford Square Capital Price Performance

Oxford Square Capital stock opened at $2.69 on Wednesday. The business has a 50 day simple moving average of $2.71 and a 200-day simple moving average of $2.76. Oxford Square Capital Corp. has a 12 month low of $2.40 and a 12 month high of $3.29. The stock has a market capitalization of $187.74 million, a PE ratio of -26.90 and a beta of 1.07.

Oxford Square Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.42 dividend on an annualized basis and a yield of 15.61%. Oxford Square Capital’s payout ratio is currently 420.00%.

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.