Oxford Lane Capital Corp. (NASDAQ:OXLC) Shares Acquired by Citadel Advisors LLC

Citadel Advisors LLC grew its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) by 333.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 961,271 shares of the investment management company's stock after purchasing an additional 739,506 shares during the quarter. Citadel Advisors LLC owned about 0.28% of Oxford Lane Capital worth $4,874,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Janney Montgomery Scott LLC purchased a new position in Oxford Lane Capital during the 4th quarter valued at $148,000. Mutual Advisors LLC bought a new stake in Oxford Lane Capital during the fourth quarter valued at about $138,000. Marks Wealth LLC lifted its position in shares of Oxford Lane Capital by 114.9% in the fourth quarter. Marks Wealth LLC now owns 21,563 shares of the investment management company's stock valued at $109,000 after acquiring an additional 11,528 shares in the last quarter. Firethorn Wealth Partners LLC bought a new stake in Oxford Lane Capital in the 4th quarter valued at $100,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Oxford Lane Capital by 4.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 527,200 shares of the investment management company's stock worth $2,673,000 after acquiring an additional 23,308 shares in the last quarter. Institutional investors own 6.74% of the company's stock.

Oxford Lane Capital Stock Performance

NASDAQ OXLC traded down $0.15 on Wednesday, hitting $4.56. 8,175,059 shares of the stock were exchanged, compared to its average volume of 5,270,240. The stock has a fifty day moving average price of $4.61 and a two-hundred day moving average price of $4.96. Oxford Lane Capital Corp. has a 52-week low of $3.91 and a 52-week high of $5.78. The firm has a market capitalization of $1.58 billion, a P/E ratio of 5.49 and a beta of 0.75.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th were given a dividend of $0.09 per share. This represents a dividend yield of 24.43%. The ex-dividend date was Wednesday, April 16th. Oxford Lane Capital's payout ratio is presently 128.92%.

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.