Buska Wealth Management LLC acquired a new stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 97,900 shares of the investment management company's stock, valued at approximately $462,000.
A number of other institutional investors have also made changes to their positions in the company. Capital CS Group LLC boosted its stake in shares of Oxford Lane Capital by 39.3% during the 1st quarter. Capital CS Group LLC now owns 42,802 shares of the investment management company's stock valued at $202,000 after buying an additional 12,072 shares during the last quarter. Sage Capital Advisors llc boosted its stake in Oxford Lane Capital by 7.4% during the 1st quarter. Sage Capital Advisors llc now owns 68,663 shares of the investment management company's stock valued at $324,000 after acquiring an additional 4,750 shares during the last quarter. SWAN Capital LLC acquired a new position in Oxford Lane Capital during the 4th quarter worth $30,000. Waverly Advisors LLC acquired a new position in Oxford Lane Capital during the 4th quarter worth $75,000. Finally, CoreCap Advisors LLC increased its position in shares of Oxford Lane Capital by 91.3% in the 4th quarter. CoreCap Advisors LLC now owns 46,272 shares of the investment management company's stock worth $235,000 after purchasing an additional 22,090 shares during the last quarter. 6.74% of the stock is owned by institutional investors and hedge funds.
Oxford Lane Capital Stock Performance
Shares of Oxford Lane Capital stock traded down $0.01 during trading on Wednesday, reaching $4.43. The company had a trading volume of 5,037,784 shares, compared to its average volume of 5,321,564. Oxford Lane Capital Corp. has a fifty-two week low of $3.91 and a fifty-two week high of $5.78. The firm's fifty day moving average is $4.59 and its 200-day moving average is $4.89. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 5.34 and a beta of 0.75.
Oxford Lane Capital Dividend Announcement
The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, April 17th were paid a dividend of $0.09 per share. This represents a yield of 24.43%. The ex-dividend date was Wednesday, April 16th. Oxford Lane Capital's dividend payout ratio (DPR) is presently 130.12%.
About Oxford Lane Capital
(
Free Report)
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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