Oxford Square Capital (NASDAQ:OXSQ) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Oxford Square Capital (NASDAQ:OXSQ) from a strong sell rating to a sell rating in a report released on Sunday.

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Square Capital in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Oxford Square Capital Stock Performance

NASDAQ:OXSQ opened at $1.65 on Friday. The stock has a fifty day moving average price of $1.81 and a two-hundred day moving average price of $1.83. The stock has a market capitalization of $154.32 million, a price-to-earnings ratio of -3.84 and a beta of 0.48. Oxford Square Capital has a 1 year low of $1.56 and a 1 year high of $2.46.

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

Oxford Square Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.035 dividend. The ex-dividend date is Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 25.5%. Oxford Square Capital’s dividend payout ratio (DPR) is currently -97.67%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co boosted its stake in shares of Oxford Square Capital by 72.3% during the third quarter. CANADA LIFE ASSURANCE Co now owns 97,936 shares of the company’s stock valued at $155,000 after acquiring an additional 41,105 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Oxford Square Capital during the third quarter valued at $63,000. Millennium Management LLC boosted 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 valued at $1,214,000 after acquiring an additional 301,741 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Oxford Square Capital during the third quarter valued at $119,000. Finally, Squarepoint Ops LLC boosted its stake in shares of Oxford Square Capital by 167.2% during the third quarter. Squarepoint Ops LLC now owns 512,153 shares of the company’s stock valued at $814,000 after acquiring an additional 320,467 shares during the last quarter. Hedge funds and other institutional investors own 6.44% of the company’s stock.

Oxford Square Capital Company Profile

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.