Moloney Securities Asset Management LLC raised its position in Oxford Square Capital Corp (NASDAQ:OXSQ) by 23.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,073 shares of the company’s stock after acquiring an additional 14,958 shares during the period. Moloney Securities Asset Management LLC owned approximately 0.17% of Oxford Square Capital worth $430,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in Oxford Square Capital in the third quarter valued at approximately $84,000. Millennium Management LLC acquired a new stake in Oxford Square Capital in the third quarter valued at approximately $104,000. Marshall Wace LLP acquired a new stake in Oxford Square Capital in the first quarter valued at approximately $222,000. California Public Employees Retirement System boosted its stake in Oxford Square Capital by 210.6% in the fourth quarter. California Public Employees Retirement System now owns 44,100 shares of the company’s stock valued at $240,000 after acquiring an additional 29,900 shares in the last quarter. Finally, DNB Asset Management AS boosted its stake in Oxford Square Capital by 6.2% in the third quarter. DNB Asset Management AS now owns 145,193 shares of the company’s stock valued at $907,000 after acquiring an additional 8,463 shares in the last quarter. Institutional investors own 15.97% of the company’s stock.
Several equities research analysts have weighed in on the stock. ValuEngine upgraded shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Zacks Investment Research downgraded shares of Oxford Square Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. Oxford Square Capital currently has a consensus rating of “Hold” and an average price target of $5.50.
In related news, COO Saul B. Rosenthal acquired 10,400 shares of the stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of $5.28 per share, for a total transaction of $54,912.00. Following the completion of the purchase, the chief operating officer now owns 1,225,088 shares of the company’s stock, valued at approximately $6,468,464.64. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, COO Saul B. Rosenthal acquired 5,200 shares of the stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $5.17 per share, with a total value of $26,884.00. Following the completion of the purchase, the chief operating officer now directly owns 1,206,891 shares of the company’s stock, valued at approximately $6,239,626.47. The disclosure for this purchase can be found here. Insiders have bought 27,096 shares of company stock valued at $142,179 over the last quarter. Insiders own 8.40% of the company’s stock.
NASDAQ:OXSQ opened at $6.16 on Friday. Oxford Square Capital Corp has a 12 month low of $5.02 and a 12 month high of $7.45. The firm has a fifty day simple moving average of $5.87 and a 200-day simple moving average of $5.86. The company has a market capitalization of $296.78 million, a P/E ratio of 7.67 and a beta of 0.41.
About Oxford Square Capital
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.
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