32,040 Shares in Oxford Lane Capital Corp. (NASDAQ:OXLC) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,040 shares of the investment management company’s stock, valued at approximately $160,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new position in Oxford Lane Capital during the 2nd quarter worth approximately $1,708,000. Wedbush Securities Inc. lifted its position in 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. Geneos Wealth Management Inc. lifted its position in Oxford Lane Capital by 198.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 494,403 shares of the investment management company’s stock worth $2,680,000 after acquiring an additional 328,553 shares in the last quarter. Private Advisor Group LLC lifted its position in Oxford Lane Capital by 8.2% during the 1st quarter. Private Advisor Group LLC now owns 122,871 shares of the investment management company’s stock worth $624,000 after acquiring an additional 9,299 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted 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 in the last quarter. 6.74% of the stock is owned by institutional investors and hedge funds.

Oxford Lane Capital Stock Down 0.4 %

Shares of OXLC opened at $5.19 on Monday. The business’s 50 day moving average is $5.28 and its two-hundred day moving average is $5.33. Oxford Lane Capital Corp. has a 52-week low of $4.41 and a 52-week high of $5.78. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 5.14 and a beta of 1.15.

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

Oxford Lane Capital Dividend Announcement

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