Oxford Square Capital (NASDAQ:OXSQ) COO Saul Rosenthal Buys 144,703 Shares

Oxford Square Capital Corp. (NASDAQ:OXSQ) COO Saul Rosenthal bought 144,703 shares of Oxford Square Capital stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $1.15 per share, for a total transaction of $166,408.45. Following the completion of the acquisition, the chief operating officer owned 2,201,479 shares in the company, valued at $2,531,700.85. This represents a 7.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Oxford Square Capital Stock Up 8.7%

Shares of OXSQ stock opened at $1.38 on Friday. The firm has a 50 day moving average of $1.77 and a two-hundred day moving average of $1.81. The stock has a market capitalization of $129.07 million, a PE ratio of -3.21 and a beta of 0.48. Oxford Square Capital Corp. has a 52 week low of $1.05 and a 52 week high of $2.42.

Oxford Square Capital (NASDAQ:OXSQ) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The company had revenue of ($23.52) million for the quarter, compared to analysts’ expectations of $9.84 million. Oxford Square Capital had a positive return on equity of 14.11% and a negative net margin of 92.37%.

Oxford Square Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.035 per share. The ex-dividend date is Wednesday, September 16th. This represents a c) annualized dividend and a yield of 30.4%. Oxford Square Capital’s dividend payout ratio is -97.67%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on OXSQ. Wall Street Zen upgraded Oxford Square Capital from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 17th. Weiss Ratings lowered shares of Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Oxford Square Capital

Institutional investors have recently modified their holdings of the company. Millennium Management LLC grew its stake in shares of Oxford Square Capital by 65.4% during the third quarter. Millennium Management LLC now owns 763,282 shares of the company’s stock worth $1,214,000 after purchasing an additional 301,741 shares in the last quarter. Squarepoint Ops LLC raised its stake in Oxford Square Capital by 167.2% in the third quarter. Squarepoint Ops LLC now owns 512,153 shares of the company’s stock valued at $814,000 after buying an additional 320,467 shares in the last quarter. Legal & General Group Plc lifted its holdings in Oxford Square Capital by 4.5% during the 2nd quarter. Legal & General Group Plc now owns 468,312 shares of the company’s stock worth $1,042,000 after buying an additional 20,205 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in Oxford Square Capital by 4.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 163,418 shares of the company’s stock worth $260,000 after buying an additional 7,674 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Oxford Square Capital during the 2nd quarter worth about $332,000. 6.44% of the stock is owned by hedge funds and other institutional investors.

About Oxford Square Capital

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.