OFS Capital (NASDAQ:OFS) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Friday.

OFS has been the subject of a number of other reports. Zacks Investment Research lowered shares of OFS Capital from a “buy” rating to a “hold” rating in a report on Thursday, July 26th. TheStreet lowered shares of OFS Capital from a “b-” rating to a “c” rating in a report on Tuesday, July 10th. Finally, National Securities restated a “buy” rating and issued a $15.00 price objective on shares of OFS Capital in a report on Tuesday, August 7th.

Shares of OFS opened at $12.54 on Friday. The company has a market capitalization of $166.21 million, a PE ratio of 9.80 and a beta of 0.50. The company has a debt-to-equity ratio of 0.85, a current ratio of 5.00 and a quick ratio of 5.00. OFS Capital has a fifty-two week low of $10.41 and a fifty-two week high of $13.59.

OFS Capital (NASDAQ:OFS) last announced its quarterly earnings data on Friday, August 3rd. The investment management company reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.01. The firm had revenue of $10.28 million during the quarter, compared to analyst estimates of $10.13 million. OFS Capital had a net margin of 37.64% and a return on equity of 9.17%. equities research analysts expect that OFS Capital will post 1.31 earnings per share for the current year.

A number of large investors have recently bought and sold shares of OFS. Freestone Capital Holdings LLC raised its holdings in OFS Capital by 41.9% during the 1st quarter. Freestone Capital Holdings LLC now owns 233,542 shares of the investment management company’s stock valued at $2,620,000 after buying an additional 68,906 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in OFS Capital by 48.5% during the 1st quarter. JPMorgan Chase & Co. now owns 201,187 shares of the investment management company’s stock valued at $2,257,000 after buying an additional 65,746 shares during the last quarter. Trexquant Investment LP bought a new stake in OFS Capital during the 1st quarter valued at $250,000. UBS Group AG raised its holdings in OFS Capital by 6.0% during the 1st quarter. UBS Group AG now owns 302,083 shares of the investment management company’s stock valued at $3,390,000 after buying an additional 16,989 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. raised its holdings in OFS Capital by 1.9% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 255,753 shares of the investment management company’s stock valued at $2,870,000 after buying an additional 4,775 shares during the last quarter. Institutional investors own 21.98% of the company’s stock.

About OFS Capital

OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities.

See Also: How do investors use RSI to grade stocks?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for OFS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFS Capital and related companies with MarketBeat.com's FREE daily email newsletter.