Oxford Square Capital (NASDAQ:OXSQ) Upgraded by StockNews.com to Hold Rating

StockNews.com upgraded shares of Oxford Square Capital (NASDAQ:OXSQ - Free Report) from a sell rating to a hold rating in a research report report published on Saturday.

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock remained flat at $2.54 on Friday. 53,899 shares of the company's stock traded hands, compared to its average volume of 421,656. Oxford Square Capital has a 52 week low of $2.28 and a 52 week high of $3.29. The company has a market cap of $177.27 million, a PE ratio of -25.35 and a beta of 0.71. The firm has a 50 day moving average price of $2.60 and a 200-day moving average price of $2.67.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last posted its earnings results on Friday, April 25th. The company reported $0.09 earnings per share 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 analyst estimates of $9.90 million. Oxford Square Capital had a positive return on equity of 18.58% and a negative net margin of 10.48%. During the same period in the previous year, the company posted $0.11 earnings per share.

Oxford Square Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 16.54%. The ex-dividend date is Tuesday, September 16th. Oxford Square Capital's dividend payout ratio (DPR) is presently 4,200.00%.

Hedge Funds Weigh In On Oxford Square Capital

A number of hedge funds have recently bought and sold shares of OXSQ. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Oxford Square Capital by 42.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,782 shares of the company's stock worth $49,000 after purchasing an additional 5,626 shares in the last quarter. Kennedy Investment Group acquired a new stake in Oxford Square Capital during the first quarter worth about $26,000. Silverberg Bernstein Capital Management LLC increased its holdings in Oxford Square Capital by 20.0% in the 1st quarter. Silverberg Bernstein Capital Management LLC now owns 55,919 shares of the company's stock valued at $146,000 after buying an additional 9,337 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of Oxford Square Capital by 10.8% during the 4th quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company's stock worth $3,452,000 after acquiring an additional 137,400 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Oxford Square Capital by 23.9% during the 4th quarter. Millennium Management LLC now owns 142,335 shares of the company's stock worth $347,000 after acquiring an additional 27,451 shares in the last quarter. 6.44% of the stock is owned by institutional investors.

Oxford Square Capital Company 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.