Oxford Square Capital (NASDAQ:OXSQ) Upgraded at StockNews.com

StockNews.com upgraded shares of Oxford Square Capital (NASDAQ:OXSQ) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.

Oxford Square Capital Trading Down 0.4 %

Oxford Square Capital stock opened at $2.59 on Tuesday. The firm has a 50-day moving average price of $2.72 and a 200-day moving average price of $2.75. The firm has a market capitalization of $180.76 million, a PE ratio of -25.90 and a beta of 1.07. Oxford Square Capital has a 12-month low of $2.40 and a 12-month high of $3.29.

Oxford Square Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Wednesday, April 16th. Oxford Square Capital’s payout ratio is 420.00%.

Institutional Investors Weigh In On Oxford Square Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP lifted its holdings in 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 valued at $3,452,000 after buying an additional 137,400 shares in the last quarter. Virtus ETF Advisers LLC lifted its holdings in Oxford Square Capital by 26.2% during the 4th quarter. Virtus ETF Advisers LLC now owns 190,194 shares of the company’s stock valued at $464,000 after buying an additional 39,466 shares in the last quarter. Moloney Securities Asset Management LLC lifted its holdings in Oxford Square Capital by 3.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock valued at $378,000 after buying an additional 5,319 shares in the last quarter. Millennium Management LLC lifted its holdings in Oxford Square Capital by 23.9% during the 4th quarter. Millennium Management LLC now owns 142,335 shares of the company’s stock valued at $347,000 after buying an additional 27,451 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in Oxford Square Capital by 74.3% during the 4th quarter. LPL Financial LLC now owns 107,096 shares of the company’s stock valued at $261,000 after buying an additional 45,662 shares in the last quarter. Institutional investors own 6.44% of the company’s stock.

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.