Fifth Street Finance Corp. (NASDAQ:OCSL) Director Richard Ruben bought 14,550 shares of Fifth Street Finance stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average price of $4.82 per share, with a total value of $70,131.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Fifth Street Finance Corp. (NASDAQ OCSL) traded down $0.05 on Thursday, reaching $4.76. The company had a trading volume of 524,804 shares, compared to its average volume of 1,079,747. Fifth Street Finance Corp. has a 52-week low of $3.90 and a 52-week high of $5.91. The company has a market capitalization of $678.02, a PE ratio of 9.43, a PEG ratio of 2.31 and a beta of 0.05. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.22 and a quick ratio of 0.22.

Fifth Street Finance (NASDAQ:OCSL) last announced its quarterly earnings data on Wednesday, November 29th. The credit services provider reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.05). Fifth Street Finance had a positive return on equity of 7.40% and a negative net margin of 110.68%. The firm had revenue of $35.73 million for the quarter. sell-side analysts predict that Fifth Street Finance Corp. will post 0.42 EPS for the current year.

An institutional investor recently bought a new position in Fifth Street Finance stock. Hillsdale Investment Management Inc. acquired a new position in shares of Fifth Street Finance Corp. (NASDAQ:OCSL) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,600 shares of the credit services provider’s stock, valued at approximately $129,000. 35.12% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently commented on OCSL. Maxim Group reiterated a “hold” rating on shares of Fifth Street Finance in a research note on Thursday, August 10th. TheStreet upgraded Fifth Street Finance from a “d+” rating to a “c” rating in a research note on Wednesday, September 6th. Keefe, Bruyette & Woods set a $6.00 target price on Fifth Street Finance and gave the company a “hold” rating in a research note on Thursday, November 30th. ValuEngine cut Fifth Street Finance from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research cut Fifth Street Finance from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $5.63.

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Fifth Street Finance Company Profile

Oaktree Specialty Lending Corporation, formerly Fifth Street Finance Corp., is a specialty finance company. The Company is a closed-end, non-diversified management investment company. The Company acts as a business development company (BDC). The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments, and capital appreciation from its equity investments.

Insider Buying and Selling by Quarter for Fifth Street Finance (NASDAQ:OCSL)

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