12,102 Shares in OFS Capital Co. (NASDAQ:OFS) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of OFS Capital Co. (NASDAQ:OFS) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 12,102 shares of the investment management company’s stock, valued at approximately $114,000. Sanctuary Advisors LLC owned about 0.09% of OFS Capital as of its most recent filing with the Securities & Exchange Commission.

Separately, Arkadios Wealth Advisors boosted its holdings in shares of OFS Capital by 80.6% during the 2nd quarter. Arkadios Wealth Advisors now owns 76,386 shares of the investment management company’s stock valued at $678,000 after acquiring an additional 34,083 shares in the last quarter. 10.81% of the stock is currently owned by institutional investors.

OFS Capital Trading Up 0.5 %

Shares of OFS stock opened at $8.25 on Tuesday. OFS Capital Co. has a twelve month low of $7.75 and a twelve month high of $12.41. The stock’s fifty day simple moving average is $8.24 and its 200 day simple moving average is $8.92. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $110.53 million, a P/E ratio of -8.33 and a beta of 1.78.

OFS Capital (NASDAQ:OFS) last released its quarterly earnings results on Thursday, August 1st. The investment management company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.03). The firm had revenue of $11.17 million for the quarter, compared to the consensus estimate of $11.78 million. OFS Capital had a positive return on equity of 12.04% and a negative net margin of 1.92%. During the same quarter last year, the firm posted $0.38 earnings per share. As a group, sell-side analysts predict that OFS Capital Co. will post 1.17 EPS for the current fiscal year.

OFS Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 16.48%. The ex-dividend date of this dividend was Friday, September 20th. OFS Capital’s dividend payout ratio (DPR) is currently -137.37%.

About OFS Capital

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.