United Bank Acquires Shares of 17,518 Oxford Square Capital Corp. (NASDAQ:OXSQ)

United Bank bought a new position in Oxford Square Capital Corp. (NASDAQ:OXSQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,518 shares of the company’s stock, valued at approximately $43,000.

Several other hedge funds also recently made changes to their positions in OXSQ. Strategic Financial Concepts LLC purchased a new position in shares of Oxford Square Capital in the fourth quarter valued at about $30,000. BostonPremier Wealth LLC bought a new stake in shares of Oxford Square Capital in the fourth quarter worth about $160,000. Kingsview Wealth Management LLC increased its holdings in Oxford Square Capital by 23.5% during the 4th quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock valued at $167,000 after purchasing an additional 13,000 shares during the period. Founders Financial Alliance LLC raised its position in Oxford Square Capital by 124.1% during the 4th quarter. Founders Financial Alliance LLC now owns 84,865 shares of the company’s stock valued at $207,000 after purchasing an additional 47,000 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in Oxford Square Capital by 74.3% in the 4th quarter. LPL Financial LLC now owns 107,096 shares of the company’s stock worth $261,000 after buying an additional 45,662 shares during the period. 6.44% of the stock is owned by hedge funds and other institutional investors.

Oxford Square Capital Price Performance

Shares of NASDAQ OXSQ opened at $2.56 on Friday. The company’s 50-day moving average is $2.72 and its 200 day moving average is $2.73. The stock has a market capitalization of $178.66 million, a P/E ratio of -25.60 and a beta of 1.07. Oxford Square Capital Corp. has a 1 year low of $2.40 and a 1 year high of $3.29.

Oxford Square Capital Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a $0.035 dividend. The ex-dividend date is Wednesday, April 16th. Oxford Square Capital’s payout ratio is presently 420.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

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.