Oxford Square Capital (NASDAQ:OXSQ) Cut to “Sell” at StockNews.com

StockNews.com downgraded shares of Oxford Square Capital (NASDAQ:OXSQ) from a hold rating to a sell rating in a research report report published on Monday.

Oxford Square Capital Trading Down 1.8 %

OXSQ opened at $2.80 on Monday. The stock has a market cap of $190.10 million, a price-to-earnings ratio of -28.00 and a beta of 1.10. Oxford Square Capital has a 1 year low of $2.74 and a 1 year high of $3.29. The stock has a fifty day moving average price of $2.88 and a 200 day moving average price of $2.98.

Oxford Square Capital (NASDAQ:OXSQ) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.13. The firm had revenue of $11.45 million during the quarter. 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 business posted $0.13 EPS.

Oxford Square Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.035 per share. The ex-dividend date is Monday, March 17th. This represents a $0.42 dividend on an annualized basis and a yield of 15.00%. Oxford Square Capital’s payout ratio is -420.00%.

Institutional Trading of Oxford Square Capital

A number of institutional investors have recently bought and sold shares of OXSQ. Quadrature Capital Ltd lifted its position in shares of Oxford Square Capital by 57.7% in the first quarter. Quadrature Capital Ltd now owns 133,168 shares of the company’s stock worth $422,000 after buying an additional 48,717 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Oxford Square Capital by 22.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock worth $182,000 after buying an additional 10,368 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Oxford Square Capital by 166.5% in the third quarter. International Assets Investment Management LLC now owns 137,312 shares of the company’s stock worth $389,000 after buying an additional 85,792 shares during the last quarter. Creative Planning lifted its position 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 worth $116,000 after buying an additional 6,103 shares during the last quarter. Finally, Moloney Securities Asset Management LLC lifted its position in shares of Oxford Square Capital by 2.7% in the third quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock worth $423,000 after buying an additional 3,900 shares during the last quarter. Institutional investors and hedge funds own 6.44% of the company’s stock.

About Oxford Square Capital

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.