Universal Beteiligungs und Servicegesellschaft mbH Takes $1.16 Million Position in Oaktree Specialty Lending Co. (NASDAQ:OCSL)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Oaktree Specialty Lending Co. (NASDAQ:OCSL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 76,100 shares of the credit services provider's stock, valued at approximately $1,163,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of Oaktree Specialty Lending at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Canton Hathaway LLC purchased a new position in Oaktree Specialty Lending in the 4th quarter worth approximately $44,000. Spire Wealth Management purchased a new position in Oaktree Specialty Lending in the 4th quarter worth approximately $68,000. SG Americas Securities LLC purchased a new position in shares of Oaktree Specialty Lending during the fourth quarter valued at approximately $106,000. Oxford Asset Management LLP purchased a new position in shares of Oaktree Specialty Lending during the fourth quarter valued at approximately $178,000. Finally, Bfsg LLC increased its stake in shares of Oaktree Specialty Lending by 52.1% during the fourth quarter. Bfsg LLC now owns 12,555 shares of the credit services provider's stock valued at $192,000 after buying an additional 4,300 shares during the period. 36.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on OCSL shares. B. Riley started coverage on Oaktree Specialty Lending in a research note on Tuesday, May 13th. They set a "neutral" rating and a $14.00 target price on the stock. Wells Fargo & Company reduced their target price on Oaktree Specialty Lending from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research note on Monday, April 28th. Wall Street Zen cut Oaktree Specialty Lending from a "hold" rating to a "sell" rating in a research note on Monday, May 5th. Keefe, Bruyette & Woods reduced their target price on Oaktree Specialty Lending from $16.50 to $15.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 8th. Finally, JPMorgan Chase & Co. reduced their target price on Oaktree Specialty Lending from $15.00 to $14.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $15.83.

Oaktree Specialty Lending Stock Up 1.6%

Shares of NASDAQ OCSL traded up $0.23 during mid-day trading on Friday, hitting $14.33. 490,815 shares of the stock traded hands, compared to its average volume of 755,385. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.30 and a current ratio of 0.30. Oaktree Specialty Lending Co. has a 52 week low of $12.50 and a 52 week high of $19.80. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 21.39 and a beta of 0.71. The stock has a fifty day moving average price of $14.10 and a 200-day moving average price of $15.15.

Oaktree Specialty Lending (NASDAQ:OCSL - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The credit services provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.06). Oaktree Specialty Lending had a net margin of 14.75% and a return on equity of 12.07%. The firm had revenue of $70.52 million for the quarter, compared to the consensus estimate of $84.67 million. During the same quarter in the prior year, the firm earned $0.56 earnings per share. Research analysts anticipate that Oaktree Specialty Lending Co. will post 2.06 EPS for the current year.

Oaktree Specialty Lending Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 11.17%. The ex-dividend date of this dividend is Monday, June 16th. Oaktree Specialty Lending's dividend payout ratio (DPR) is 1,230.77%.

Insiders Place Their Bets

In related news, Director Craig A. Jacobson bought 14,910 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were acquired at an average cost of $13.41 per share, with a total value of $199,943.10. Following the completion of the acquisition, the director now owns 71,667 shares of the company's stock, valued at $961,054.47. The trade was a 26.27% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Armen Panossian bought 8,000 shares of the company's stock in a transaction on Thursday, May 15th. The stock was bought at an average cost of $14.13 per share, for a total transaction of $113,040.00. Following the completion of the acquisition, the insider now directly owns 20,789 shares of the company's stock, valued at approximately $293,748.57. This represents a 62.55% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.28% of the company's stock.

Oaktree Specialty Lending Profile

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies.