Oxford Lane Capital Corp. (NASDAQ:OXLC) Shares Purchased by Capital Investment Advisors LLC

Capital Investment Advisors LLC boosted its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 33.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,682 shares of the investment management company’s stock after acquiring an additional 3,682 shares during the period. Capital Investment Advisors LLC’s holdings in Oxford Lane Capital were worth $77,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wedbush Securities Inc. raised its holdings 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 during the period. Geneos Wealth Management Inc. raised its stake in Oxford Lane Capital by 198.1% during the second quarter. Geneos Wealth Management Inc. now owns 494,403 shares of the investment management company’s stock worth $2,680,000 after purchasing an additional 328,553 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Oxford Lane Capital by 8.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 350,516 shares of the investment management company’s stock valued at $1,900,000 after purchasing an additional 26,053 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Oxford Lane Capital in the 2nd quarter valued at approximately $1,708,000. Finally, TrueMark Investments LLC acquired a new stake in shares of Oxford Lane Capital during the 2nd quarter worth approximately $1,643,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Stock Performance

OXLC opened at $5.22 on Wednesday. The stock has a market capitalization of $1.25 billion, a PE ratio of 5.17 and a beta of 1.15. Oxford Lane Capital Corp. has a one year low of $4.41 and a one year high of $5.78. The business’s 50 day moving average price is $5.28 and its 200 day moving average price is $5.34.

Oxford Lane Capital (NASDAQ:OXLC) last announced its quarterly earnings results on Friday, July 26th. The investment management company reported $0.41 EPS for the quarter. The business had revenue of $89.80 million during the quarter.

Oxford Lane Capital Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 18th will be given a dividend of $0.09 per share. This represents a dividend yield of 20.73%. The ex-dividend date is Thursday, October 17th. Oxford Lane Capital’s dividend payout ratio is presently 100.00%.

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.