Oaktree Specialty Lending Corp (NASDAQ:OCSL) COO Mathew Pendo bought 2,100 shares of Oaktree Specialty Lending stock in a transaction on Thursday, September 13th. The shares were bought at an average price of $5.00 per share, for a total transaction of $10,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NASDAQ:OCSL opened at $5.03 on Tuesday. Oaktree Specialty Lending Corp has a fifty-two week low of $4.17 and a fifty-two week high of $5.91. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.47. The stock has a market cap of $707.62 million, a PE ratio of 13.21, a price-to-earnings-growth ratio of 6.07 and a beta of 0.14.

Oaktree Specialty Lending (NASDAQ:OCSL) last released its quarterly earnings data on Wednesday, August 8th. The credit services provider reported $0.10 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.10. Oaktree Specialty Lending had a positive return on equity of 6.50% and a negative net margin of 82.24%. The business had revenue of $31.85 million for the quarter, compared to analysts’ expectations of $32.43 million. equities analysts expect that Oaktree Specialty Lending Corp will post 0.41 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Saturday, September 15th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 7.55%. The ex-dividend date is Thursday, September 13th. Oaktree Specialty Lending’s dividend payout ratio (DPR) is presently 74.51%.

A number of equities analysts have issued reports on the company. ValuEngine cut Oaktree Specialty Lending from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. Keefe, Bruyette & Woods upgraded Oaktree Specialty Lending from a “market perform” rating to an “outperform” rating in a report on Tuesday, August 21st. National Securities restated a “neutral” rating and set a $5.00 target price on shares of Oaktree Specialty Lending in a report on Monday, August 13th. Zacks Investment Research upgraded Oaktree Specialty Lending from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a report on Saturday, August 11th. Finally, JPMorgan Chase & Co. raised their target price on Oaktree Specialty Lending from $5.00 to $5.50 and gave the stock an “overweight” rating in a report on Friday, August 10th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Oaktree Specialty Lending currently has a consensus rating of “Buy” and a consensus price target of $5.42.

Several large investors have recently added to or reduced their stakes in the company. Springhouse Capital Management LP lifted its holdings in shares of Oaktree Specialty Lending by 0.4% during the 1st quarter. Springhouse Capital Management LP now owns 7,913,934 shares of the credit services provider’s stock valued at $33,318,000 after purchasing an additional 29,400 shares in the last quarter. River Road Asset Management LLC lifted its holdings in shares of Oaktree Specialty Lending by 11.1% during the 2nd quarter. River Road Asset Management LLC now owns 6,699,306 shares of the credit services provider’s stock valued at $32,023,000 after purchasing an additional 669,425 shares in the last quarter. Private Management Group Inc. lifted its holdings in shares of Oaktree Specialty Lending by 4.0% during the 2nd quarter. Private Management Group Inc. now owns 4,710,797 shares of the credit services provider’s stock valued at $22,518,000 after purchasing an additional 181,673 shares in the last quarter. Hilton Capital Management LLC lifted its holdings in shares of Oaktree Specialty Lending by 3.7% during the 1st quarter. Hilton Capital Management LLC now owns 2,784,579 shares of the credit services provider’s stock valued at $11,723,000 after purchasing an additional 99,998 shares in the last quarter. Finally, Bruni J V & Co. Co. lifted its holdings in shares of Oaktree Specialty Lending by 10.6% during the 2nd quarter. Bruni J V & Co. Co. now owns 2,171,618 shares of the credit services provider’s stock valued at $10,380,000 after purchasing an additional 208,008 shares in the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

About Oaktree Specialty Lending

Oaktree Specialty Lending Corporation, formerly Fifth Street Finance Corp., is a specialty finance company. The Company is focused on providing customized one-stop credit solutions to companies with limited access to public or syndicated capital markets. The Company provides companies with flexible financing solutions including first and second lien loans, unsecured and mezzanine loans, and preferred equity.

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Insider Buying and Selling by Quarter for Oaktree Specialty Lending (NASDAQ:OCSL)

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