Border to Coast Pensions Partnership Ltd Has $10.38 Million Holdings in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Border to Coast Pensions Partnership Ltd lifted its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) by 18.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,200,000 shares of the investment management company's stock after buying an additional 350,000 shares during the quarter. Border to Coast Pensions Partnership Ltd owned about 0.64% of Oxford Lane Capital worth $10,384,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of OXLC. SWAN Capital LLC acquired a new stake in shares of Oxford Lane Capital in the 4th quarter valued at approximately $30,000. Insigneo Advisory Services LLC acquired a new stake in shares of Oxford Lane Capital during the first quarter worth $47,000. Cornell Pochily Investment Advisors Inc. bought a new stake in shares of Oxford Lane Capital in the first quarter valued at about $48,000. Titleist Asset Management LLC acquired a new position in shares of Oxford Lane Capital during the fourth quarter worth about $51,000. Finally, Stifel Financial Corp bought a new position in shares of Oxford Lane Capital during the fourth quarter worth about $54,000. 6.74% of the stock is currently owned by institutional investors and hedge funds.

Oxford Lane Capital Stock Up 0.7%

NASDAQ:OXLC opened at $4.08 on Friday. The company has a market cap of $1.85 billion, a P/E ratio of 4.92 and a beta of 0.81. Oxford Lane Capital Corp. has a twelve month low of $3.91 and a twelve month high of $5.68. The business has a 50 day moving average price of $4.49 and a two-hundred day moving average price of $4.78.

Oxford Lane Capital Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, April 17th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a yield of 24.43%. Oxford Lane Capital's payout ratio is 130.12%.

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.

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