Strategic Financial Concepts LLC Purchases Shares of 12,200 Oxford Square Capital Corp. (NASDAQ:OXSQ)

Strategic Financial Concepts LLC purchased a new stake in Oxford Square Capital Corp. (NASDAQ:OXSQ) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 12,200 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in OXSQ. Creative Planning raised its stake in Oxford Square Capital by 17.6% in the third quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after buying an additional 6,103 shares during the last quarter. International Assets Investment Management LLC raised its stake in Oxford Square Capital by 166.5% in the third quarter. International Assets Investment Management LLC now owns 137,312 shares of the company’s stock valued at $389,000 after buying an additional 85,792 shares during the last quarter. Moloney Securities Asset Management LLC raised its stake in Oxford Square Capital by 2.7% in the third quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock valued at $423,000 after buying an additional 3,900 shares during the last quarter. National Wealth Management Group LLC purchased a new position in shares of Oxford Square Capital in the third quarter worth about $28,000. Finally, Kingsview Wealth Management LLC raised its stake in shares of Oxford Square Capital by 23.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock worth $167,000 after purchasing an additional 13,000 shares during the last quarter. 6.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th.

Oxford Square Capital Price Performance

Shares of NASDAQ:OXSQ opened at $2.84 on Friday. Oxford Square Capital Corp. has a 52-week low of $2.40 and a 52-week high of $3.29. The stock has a market cap of $192.81 million, a price-to-earnings ratio of -28.40 and a beta of 1.09. The business has a 50-day moving average price of $2.64 and a 200-day moving average price of $2.78.

Oxford Square Capital Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 20th were paid a $0.035 dividend. This represents a dividend yield of 16.09%. The ex-dividend date of this dividend was Friday, January 17th. Oxford Square Capital’s payout ratio is -419.96%.

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.