Two Sigma Securities LLC increased its stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) by 545.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 110,007 shares of the investment management company's stock after acquiring an additional 92,957 shares during the period. Two Sigma Securities LLC's holdings in Oxford Lane Capital were worth $558,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in the stock. HighTower Advisors LLC lifted its stake in shares of Oxford Lane Capital by 75.9% in the third quarter. HighTower Advisors LLC now owns 23,232 shares of the investment management company's stock worth $121,000 after buying an additional 10,026 shares during the last quarter. McIlrath & Eck LLC acquired a new stake in shares of Oxford Lane Capital in the third quarter valued at about $55,000. Virtu Financial LLC bought a new position in shares of Oxford Lane Capital in the third quarter worth about $157,000. Silverleafe Capital Partners LLC boosted its stake in Oxford Lane Capital by 28.7% during the 4th quarter. Silverleafe Capital Partners LLC now owns 39,513 shares of the investment management company's stock valued at $200,000 after purchasing an additional 8,820 shares during the period. Finally, Parisi Gray Wealth Management bought a new stake in shares of Oxford Lane Capital in the fourth quarter valued at approximately $101,000. 6.74% of the stock is owned by institutional investors.
Oxford Lane Capital Price Performance
OXLC stock traded down $0.02 on Wednesday, reaching $4.62. 3,629,208 shares of the company were exchanged, compared to its average volume of 5,110,025. Oxford Lane Capital Corp. has a 12 month low of $3.91 and a 12 month high of $5.78. The stock's fifty day moving average price is $4.67 and its 200 day moving average price is $5.00. The firm has a market capitalization of $1.60 billion, a PE ratio of 5.57 and a beta of 0.84.
Oxford Lane Capital Announces Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 24.43%. Oxford Lane Capital's dividend payout ratio is currently 128.92%.
Oxford Lane Capital Company Profile
(
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.
Further Reading
Before you consider Oxford Lane Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Lane Capital wasn't on the list.
While Oxford Lane Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
