18,015 Shares in Oaktree Specialty Lending Co. (NASDAQ:OCSL) Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC acquired a new stake in Oaktree Specialty Lending Co. (NASDAQ:OCSL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,015 shares of the credit services provider's stock, valued at approximately $270,000.

Other large investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in Oaktree Specialty Lending during the 2nd quarter worth approximately $56,000. MRP Capital Investments LLC acquired a new position in Oaktree Specialty Lending during the second quarter worth $815,000. ProShare Advisors LLC raised its position in Oaktree Specialty Lending by 11.2% in the second quarter. ProShare Advisors LLC now owns 11,893 shares of the credit services provider's stock worth $224,000 after acquiring an additional 1,194 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Oaktree Specialty Lending by 2.9% in the second quarter. Gabelli Funds LLC now owns 173,213 shares of the credit services provider's stock valued at $3,258,000 after acquiring an additional 4,838 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc boosted its position in shares of Oaktree Specialty Lending by 5.1% during the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 108,537 shares of the credit services provider's stock worth $2,042,000 after purchasing an additional 5,275 shares in the last quarter. Hedge funds and other institutional investors own 36.79% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Citizens Jmp cut shares of Oaktree Specialty Lending from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 19th. StockNews.com upgraded shares of Oaktree Specialty Lending from a "sell" rating to a "hold" rating in a research report on Wednesday, December 18th. Keefe, Bruyette & Woods lowered their price target on Oaktree Specialty Lending from $18.00 to $17.00 and set a "market perform" rating on the stock in a report on Wednesday, November 20th. Wells Fargo & Company reduced their price objective on Oaktree Specialty Lending from $17.00 to $15.50 and set an "equal weight" rating for the company in a report on Tuesday, October 29th. Finally, Oppenheimer reissued a "market perform" rating and issued a $18.00 target price on shares of Oaktree Specialty Lending in a report on Friday, November 22nd. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat.com, Oaktree Specialty Lending has an average rating of "Hold" and a consensus price target of $16.75.

Oaktree Specialty Lending Price Performance

NASDAQ:OCSL traded up $0.24 during trading hours on Thursday, reaching $15.68. 389,960 shares of the company traded hands, compared to its average volume of 504,586. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.19 and a quick ratio of 0.19. The firm's 50-day moving average is $15.68 and its 200-day moving average is $16.47. The stock has a market cap of $1.29 billion, a P/E ratio of 21.78 and a beta of 1.07. Oaktree Specialty Lending Co. has a 1-year low of $14.89 and a 1-year high of $21.64.

Oaktree Specialty Lending Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 14.03%. The ex-dividend date of this dividend was Monday, December 16th. Oaktree Specialty Lending's dividend payout ratio is presently 305.56%.

Oaktree Specialty Lending Company Profile

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies.