Oxford Square Capital Corp. (NASDAQ:OXSQ) Shares Bought by Creative Planning

Creative Planning grew its stake in Oxford Square Capital Corp. (NASDAQ:OXSQ) by 17.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,840 shares of the company’s stock after buying an additional 6,103 shares during the quarter. Creative Planning’s holdings in Oxford Square Capital were worth $116,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. LifeSteps Financial Inc. purchased a new stake in Oxford Square Capital in the 2nd quarter worth approximately $29,000. First Bancorp Inc ME acquired a new position in shares of Oxford Square Capital in the 2nd quarter valued at $53,000. CANADA LIFE ASSURANCE Co boosted its holdings in Oxford Square Capital by 22.1% during 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 in the last quarter. Finally, Quadrature Capital Ltd boosted its holdings in Oxford Square Capital by 57.7% during 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 in the last quarter. Hedge funds and other institutional investors own 6.44% of the company’s stock.

Oxford Square Capital Trading Down 0.7 %

NASDAQ OXSQ opened at $2.85 on Wednesday. Oxford Square Capital Corp. has a twelve month low of $2.74 and a twelve month high of $3.29. The stock has a 50-day moving average of $2.89 and a 200 day moving average of $2.99. The stock has a market capitalization of $181.72 million, a price-to-earnings ratio of -28.60 and a beta of 1.10.

Oxford Square Capital (NASDAQ:OXSQ) last announced its 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. Oxford Square Capital had a negative net margin of 10.48% and a positive return on equity of 18.89%. The business had revenue of $11.45 million for the quarter. During the same quarter last year, the business earned $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 issued a $0.035 dividend. This represents a $0.42 annualized dividend and a yield of 14.74%. The ex-dividend date of this dividend is Monday, March 17th. Oxford Square Capital’s payout ratio is -419.96%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a research report on Monday.

Oxford Square Capital 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.