Oxford Lane Capital Corp. (NASDAQ:OXLC) Position Increased by Sigma Planning Corp

Sigma Planning Corp raised its position in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 10.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,307 shares of the investment management company’s stock after purchasing an additional 6,390 shares during the quarter. Sigma Planning Corp’s holdings in Oxford Lane Capital were worth $363,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Border to Coast Pensions Partnership Ltd acquired a new stake in shares of Oxford Lane Capital in the 3rd quarter valued at $7,341,000. Wedbush Securities Inc. boosted its stake in shares of Oxford Lane Capital by 36.4% during the 2nd quarter. Wedbush Securities Inc. now owns 1,016,222 shares of the investment management company’s stock worth $5,508,000 after acquiring an additional 271,369 shares in the last quarter. Realta Investment Advisors increased its holdings in shares of Oxford Lane Capital by 244.8% during the 3rd quarter. Realta Investment Advisors now owns 888,696 shares of the investment management company’s stock valued at $4,701,000 after acquiring an additional 630,942 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Oxford Lane Capital by 198.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 494,403 shares of the investment management company’s stock valued at $2,680,000 after acquiring an additional 328,553 shares in the last quarter. Finally, Delphi Financial Group Inc. lifted its holdings in Oxford Lane Capital by 36.8% in the 3rd quarter. Delphi Financial Group Inc. now owns 480,221 shares of the investment management company’s stock worth $2,516,000 after purchasing an additional 129,184 shares during the last quarter. 6.74% of the stock is owned by institutional investors and hedge funds.

Oxford Lane Capital Stock Down 0.6 %

Shares of OXLC stock opened at $5.25 on Friday. Oxford Lane Capital Corp. has a 12 month low of $4.82 and a 12 month high of $5.78. The company has a market cap of $1.68 billion, a PE ratio of 3.75 and a beta of 1.15. The business’s 50 day moving average is $5.27 and its two-hundred day moving average is $5.37.

Oxford Lane Capital Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.09 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.08 annualized dividend and a yield of 20.57%. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 72.14%.

Oxford Lane Capital Profile

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.