Founders Financial Alliance LLC Sells 8,760 Shares of Oxford Square Capital Corp. (NASDAQ:OXSQ)

Founders Financial Alliance LLC cut its stake in Oxford Square Capital Corp. (NASDAQ:OXSQ) by 18.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 37,640 shares of the company’s stock after selling 8,760 shares during the period. Founders Financial Alliance LLC’s holdings in Oxford Square Capital were worth $111,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. LifeSteps Financial Inc. acquired a new stake in Oxford Square Capital in the second quarter worth $29,000. First Bancorp Inc ME purchased a new position in Oxford Square Capital during the second quarter worth about $53,000. CANADA LIFE ASSURANCE Co grew its holdings 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 valued at $182,000 after acquiring an additional 10,368 shares in the last quarter. Finally, Quadrature Capital Ltd raised its stake in shares of Oxford Square Capital by 48.5% during the 4th quarter. Quadrature Capital Ltd now owns 84,451 shares of the company’s stock worth $242,000 after purchasing an additional 27,589 shares during the period. Institutional investors and hedge funds own 6.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Wednesday, August 14th.

Oxford Square Capital Stock Performance

Shares of OXSQ opened at $2.80 on Wednesday. The firm has a market cap of $167.22 million, a P/E ratio of 16.47 and a beta of 1.10. Oxford Square Capital Corp. has a fifty-two week low of $2.74 and a fifty-two week high of $3.29. The business has a 50-day moving average of $2.93 and a 200 day moving average of $3.04.

Oxford Square Capital (NASDAQ:OXSQ) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The company had revenue of $11.45 million for the quarter. Oxford Square Capital had a net margin of 6.05% and a return on equity of 18.70%. During the same period last year, the firm earned $0.13 EPS.

Oxford Square Capital Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be given a $0.035 dividend. The ex-dividend date of this dividend is Thursday, October 17th. Oxford Square Capital’s dividend payout ratio (DPR) is presently 247.06%.

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.