Nomura Holdings Inc. Acquires Shares of 19,375 Oxford Lane Capital Corp. (NASDAQ:OXLC)

Nomura Holdings Inc. bought a new position in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,375 shares of the investment management company’s stock, valued at approximately $96,000.

Other hedge funds have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. grew its position in Oxford Lane Capital by 14.9% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 57,689 shares of the investment management company’s stock worth $285,000 after acquiring an additional 7,469 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Oxford Lane Capital by 433.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,550 shares of the investment management company’s stock worth $32,000 after purchasing an additional 5,321 shares during the last quarter. Cape Investment Advisory Inc. acquired a new stake in shares of Oxford Lane Capital in the fourth quarter valued at $98,000. Hohimer Wealth Management LLC bought a new position in shares of Oxford Lane Capital in the fourth quarter valued at about $139,000. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position in Oxford Lane Capital by 5.3% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 51,487 shares of the investment management company’s stock worth $254,000 after buying an additional 2,588 shares in the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Trading Up 1.3 %

OXLC opened at $5.46 on Tuesday. Oxford Lane Capital Corp. has a 1-year low of $4.41 and a 1-year high of $5.78. The stock has a market capitalization of $853.94 million, a PE ratio of 5.41 and a beta of 1.16. The firm has a 50-day moving average price of $5.30 and a two-hundred day moving average price of $5.16.

Oxford Lane Capital Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, July 17th. This is a positive change from Oxford Lane Capital’s previous dividend of $0.08. Oxford Lane Capital’s dividend payout ratio (DPR) is currently 96.04%.

Insiders Place Their Bets

In other news, President Saul B. Rosenthal bought 2,315,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $5.40 per share, for a total transaction of $12,501,000.00. Following the completion of the transaction, the president now directly owns 2,514,887 shares in the company, valued at approximately $13,580,389.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Oxford Lane Capital news, President Saul B. Rosenthal purchased 2,315,000 shares of the stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $5.40 per share, for a total transaction of $12,501,000.00. Following the transaction, the president now directly owns 2,514,887 shares in the company, valued at $13,580,389.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jonathan H. Cohen purchased 4,630,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average cost of $5.40 per share, with a total value of $25,002,000.00. Following the completion of the purchase, the chief executive officer now owns 4,864,728 shares of the company’s stock, valued at $26,269,531.20. The disclosure for this purchase can be found here. Company insiders own 0.42% of the company’s stock.

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.