Mutual Advisors LLC Acquires Shares of 26,793 Oxford Lane Capital Corp. (NASDAQ:OXLC)

Mutual Advisors LLC acquired a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 26,793 shares of the investment management company’s stock, valued at approximately $138,000.

Several other institutional investors also recently bought and sold shares of OXLC. Border to Coast Pensions Partnership Ltd acquired a new stake in Oxford Lane Capital in the third quarter valued at approximately $7,341,000. Realta Investment Advisors grew its holdings in Oxford Lane Capital by 244.8% in the third quarter. Realta Investment Advisors now owns 888,696 shares of the investment management company’s stock valued at $4,701,000 after purchasing an additional 630,942 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Oxford Lane Capital in the third quarter valued at approximately $777,000. Delphi Financial Group Inc. grew its holdings in Oxford Lane Capital by 36.8% in the third quarter. Delphi Financial Group Inc. now owns 480,221 shares of the investment management company’s stock valued at $2,516,000 after purchasing an additional 129,184 shares during the period. Finally, Oppenheimer & Co. Inc. acquired a new stake in Oxford Lane Capital in the third quarter valued at approximately $625,000. 6.74% of the stock is owned by institutional investors and hedge funds.

Oxford Lane Capital Price Performance

Shares of NASDAQ:OXLC opened at $5.07 on Thursday. The business’s 50 day moving average price is $5.15 and its 200-day moving average price is $5.27. The firm has a market capitalization of $1.75 billion, a PE ratio of 3.62 and a beta of 1.15. Oxford Lane Capital Corp. has a 1 year low of $4.95 and a 1 year high of $5.78.

Oxford Lane Capital (NASDAQ:OXLC) last issued its quarterly earnings results on Monday, January 27th. The investment management company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.39).

Oxford Lane Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a $0.09 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 21.30%. The ex-dividend date is Monday, June 16th. Oxford Lane Capital’s dividend payout ratio is presently 74.29%.

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.