Oxford Lane Capital Corp. (NASDAQ:OXLC) Shares Purchased by Border to Coast Pensions Partnership Ltd

Border to Coast Pensions Partnership Ltd raised its position in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 31.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,850,000 shares of the investment management company’s stock after buying an additional 445,000 shares during the period. Border to Coast Pensions Partnership Ltd’s holdings in Oxford Lane Capital were worth $9,373,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of OXLC. Realta Investment Advisors grew its holdings in shares of Oxford Lane Capital by 244.8% during the third quarter. Realta Investment Advisors now owns 888,696 shares of the investment management company’s stock worth $4,701,000 after buying an additional 630,942 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Oxford Lane Capital during the 2nd quarter valued at about $1,708,000. Rockefeller Capital Management L.P. purchased a new stake in Oxford Lane Capital during the 3rd quarter valued at about $777,000. Delphi Financial Group Inc. raised its holdings in Oxford Lane Capital by 36.8% in the 3rd quarter. Delphi Financial Group Inc. now owns 480,221 shares of the investment management company’s stock valued at $2,516,000 after acquiring an additional 129,184 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new position in Oxford Lane Capital in the 3rd quarter worth approximately $625,000. 6.74% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Lane Capital Price Performance

OXLC stock opened at $5.15 on Friday. Oxford Lane Capital Corp. has a 1 year low of $4.95 and a 1 year high of $5.78. The firm has a market capitalization of $1.78 billion, a PE ratio of 3.68 and a beta of 1.15. The business has a 50 day simple moving average of $5.19 and a 200-day simple moving average of $5.30.

Oxford Lane Capital Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 20th will be issued a $0.09 dividend. This represents a yield of 20.97%. The ex-dividend date is Friday, January 17th. Oxford Lane Capital’s payout ratio is currently 73.57%.

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.