Jane Street Group LLC Takes Position in OFS Capital Co. (NASDAQ:OFS)

Jane Street Group LLC bought a new stake in shares of OFS Capital Co. (NASDAQ:OFS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,551 shares of the investment management company’s stock, valued at approximately $115,000. Jane Street Group LLC owned about 0.10% of OFS Capital as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors grew its holdings in shares of OFS Capital by 7.3% in the third quarter. Arkadios Wealth Advisors now owns 81,961 shares of the investment management company’s stock worth $693,000 after purchasing an additional 5,575 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in OFS Capital during the 2nd quarter valued at $114,000. Finally, International Assets Investment Management LLC grew its holdings in OFS Capital by 783.4% in the 3rd quarter. International Assets Investment Management LLC now owns 1,180,017 shares of the investment management company’s stock worth $9,971,000 after acquiring an additional 1,046,440 shares during the last quarter. Hedge funds and other institutional investors own 10.81% of the company’s stock.

OFS Capital Price Performance

OFS stock opened at $8.04 on Wednesday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.55. The firm’s 50-day moving average price is $8.18 and its two-hundred day moving average price is $8.29. The stock has a market capitalization of $107.72 million, a price-to-earnings ratio of -89.32 and a beta of 1.75. OFS Capital Co. has a 12-month low of $7.75 and a 12-month high of $12.06.

OFS Capital (NASDAQ:OFS) last released its quarterly earnings results on Thursday, October 31st. The investment management company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. OFS Capital had a positive return on equity of 11.26% and a negative net margin of 2.29%. The business had revenue of $10.92 million during the quarter, compared to analyst estimates of $10.97 million. During the same quarter in the prior year, the company posted $0.40 EPS. As a group, equities analysts predict that OFS Capital Co. will post 1.18 earnings per share for the current year.

OFS Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 16.92%. The ex-dividend date was Friday, December 20th. OFS Capital’s payout ratio is currently -1,511.11%.

OFS Capital Profile

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.