Bruni J V & Co. Co. significantly increased its stake in Oaktree Specialty Lending Corp. (OCSL) by 12.4%, now holding 2,487,019 shares valued at $32.46 million. Despite OCSL offering a high quarterly dividend of $0.40 with an annualized yield of 13.8%, concerns exist regarding its extremely elevated dividend payout ratio of 444.44%. Analyst sentiment for OCSL is mixed-to-negative, with an average “Reduce” rating and a consensus price target of $13.75, while the stock currently trades around $11.56.
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Bruni J V & Co. Co. Has $32.46 Million Stock Holdings in Oaktree Specialty Lending Corp. $OCSL
Bruni J V & Co. Co. significantly increased its stake in Oaktree Specialty Lending Corp. (OCSL) by 12.4%, now holding 2,487,019 shares valued at $32.46 million. Despite OCSL offering a high quarterly dividend of $0.40 with an annualized yield of 13.8%, concerns exist regarding its extremely elevated dividend payout ratio of 444.44%. Analyst sentiment for OCSL is mixed-to-negative, with an average “Reduce” rating and a consensus price target of $13.75, while the stock currently trades around $11.56.