Oxford Square Capital (NASDAQ:OXSQ) reports quarterly results, in line with estimates

Oxford Square Capital (NASDAQ:OXSQ – Get Rating) reported quarterly earnings data on Thursday. The company reported EPS of $0.09 for the quarter, matching the consensus estimate of $0.09, MarketWatch Earnings reports. Oxford Square Capital had a return on equity of 6.57% and a net margin of 106.48%. In the same quarter last year, the company posted EPS of $0.10.

OXSQ lost $0.01 on Friday, hitting $3.93. 327,782 shares of the company were traded, against an average volume of 192,017. The company has a fifty-day simple moving average of $4.05 and a two-hundred-day simple moving average of $4.13. Oxford Square Capital has a 12-month low of $3.68 and a 12-month high of $5.22. The stock has a market capitalization of $195.36 million, a PE ratio of 4.95 and a beta of 1.17.

The company also recently declared a monthly dividend, which will be paid on Thursday, June 30. Investors of record on Thursday, June 16 will receive a dividend of $0.035 per share. The ex-date of this dividend is Wednesday, June 15. This represents an annualized dividend of $0.42 and a yield of 10.69%. Oxford Square Capital’s payout ratio is 52.50%.

In other Oxford Square Capital news, CEO Jonathan H. Cohen acquired 9,727 shares of the company in a transaction on Wednesday, March 16. The shares were acquired at an average price of $3.99 per share, for a total transaction of $38,810.73. The acquisition was disclosed in a filing with the SEC, available on the SEC’s website. Additionally, CEO Jonathan H. Cohen acquired 9,125 shares of the company in a transaction on Thursday, March 10. The shares were acquired at an average price of $3.93 per share, with a total value of $35,861.25. Disclosure of this purchase can be found here. Last quarter, insiders acquired 65,339 shares of the company valued at $261,965. Insiders of the company hold 8.60% of the shares of the company.

(A d)

Equity crowdfunding bridges the gap between cash-strapped startups and retail investors. The vision of this market leader is to revolutionize private equity and provide opportunities for everyday investors by enabling them to pool their resources and participate in the early stages of private companies.

Reg. A+ through StartEngine Primary, LLC. Offering Circular/Risks on page. The investment is speculative, illiquid and high risk.

Institutional investors and hedge funds have recently increased or reduced their stake in the company. Schonfeld Strategic Advisors LLC bought a new stock position in Oxford Square Capital in Q4, valued at around $41,000. Cubist Systematic Strategies LLC bought a new stock position in Oxford Square Capital in Q4, valued at around $69,000. DE Shaw & Co. Inc. bought a new stock position in Oxford Square Capital in Q4, valued at around $97,000. LPL Financial LLC increased its stake in shares of Oxford Square Capital by 151.5% in the 4th quarter. LPL Financial LLC now owns 37,648 shares of the company valued at $154,000 after purchasing an additional 22,681 shares during the period. Finally, Millennium Management LLC bought a new stock position in Oxford Square Capital in Q3, valued at around $216,000. Institutional investors hold 5.84% of the company’s shares.

Several equity analysts have recently commented on the company. StockNews.com began covering Oxford Square Capital in a research report on Thursday, March 31. They have set a “holding” rating on the stock. Zacks Investment Research upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a Tuesday, April 12 research report.

About Oxford Square Capital (Get an assessment)

Oxford Square Capital Corp. is a business development company, which operates as a closed-end, non-diversified investment company. It is a private equity and mezzanine company. The company invests in public and private companies. It invests in senior secured and unsecured debt, subordinated debt, junior subordinated debt, preferred stocks, common stocks and syndicated bank loans.

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Earnings History for Oxford Square Capital (NASDAQ:OXSQ)

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