Jane Street Group LLC Decreases Stock Holdings in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Jane Street Group LLC trimmed its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 22.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,651 shares of the investment management company’s stock after selling 13,710 shares during the quarter. Jane Street Group LLC’s holdings in Oxford Lane Capital were worth $244,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Kovitz Investment Group Partners LLC purchased a new stake in shares of Oxford Lane Capital during the third quarter valued at approximately $88,000. HighTower Advisors LLC grew its position in shares of Oxford Lane Capital by 75.9% in the third quarter. HighTower Advisors LLC now owns 23,232 shares of the investment management company’s stock valued at $121,000 after purchasing an additional 10,026 shares in the last quarter. L.M. Kohn & Company purchased a new position in shares of Oxford Lane Capital in the third quarter valued at $175,000. Captrust Financial Advisors grew its position in shares of Oxford Lane Capital by 31.1% in the third quarter. Captrust Financial Advisors now owns 13,628 shares of the investment management company’s stock valued at $71,000 after purchasing an additional 3,229 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Oxford Lane Capital in the third quarter valued at $777,000. 6.74% of the stock is owned by hedge funds and other institutional investors.

Oxford Lane Capital Stock Performance

NASDAQ:OXLC opened at $5.07 on Friday. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 3.62 and a beta of 1.15. Oxford Lane Capital Corp. has a 52-week low of $4.95 and a 52-week high of $5.78. The stock has a fifty day moving average of $5.21 and a 200 day moving average of $5.31.

Oxford Lane Capital Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio is 73.57%.

Oxford Lane Capital Company 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.