Bank of Montreal Can decreased its position in shares of Oxford Square Capital Corp (NASDAQ:OXSQ) by 36.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 289,000 shares of the company’s stock after selling 169,000 shares during the period. Bank of Montreal Can owned approximately 0.59% of Oxford Square Capital worth $2,058,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Eagle Global Advisors LLC bought a new position in shares of Oxford Square Capital in the second quarter worth $118,000. Stephens Inc. AR bought a new position in shares of Oxford Square Capital in the second quarter worth $133,000. Russell Investments Group Ltd. bought a new position in shares of Oxford Square Capital in the second quarter worth $183,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Oxford Square Capital by 142.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 42,937 shares of the company’s stock worth $296,000 after purchasing an additional 25,204 shares during the period. Finally, Macquarie Group Ltd. increased its position in shares of Oxford Square Capital by 16.2% in the second quarter. Macquarie Group Ltd. now owns 55,098 shares of the company’s stock worth $380,000 after purchasing an additional 7,700 shares during the period. Hedge funds and other institutional investors own 14.96% of the company’s stock.
A number of research analysts recently commented on OXSQ shares. Zacks Investment Research cut Oxford Square Capital from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. National Securities restated a “sell” rating and issued a $5.00 price target on shares of Oxford Square Capital in a research report on Monday, August 6th. Finally, TheStreet cut Oxford Square Capital from a “b-” rating to a “c+” rating in a research report on Friday, November 2nd. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $6.13.
Shares of NASDAQ OXSQ opened at $6.79 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. Oxford Square Capital Corp has a 52 week low of $5.15 and a 52 week high of $7.52. The firm has a market capitalization of $331.74 million, a P/E ratio of 11.32 and a beta of 0.56.
Oxford Square Capital (NASDAQ:OXSQ) last issued its quarterly earnings results on Tuesday, October 30th. The company reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.01. Oxford Square Capital had a return on equity of 8.99% and a net margin of 75.91%. The company had revenue of $15.15 million for the quarter, compared to analysts’ expectations of $14.44 million. As a group, equities analysts anticipate that Oxford Square Capital Corp will post 0.68 EPS for the current year.
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Oxford Square Capital Company Profile
TICC Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, and common stock.
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