Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.30 and traded as high as $9.69. Oxford Lane Capital shares last traded at $9.66, with a volume of 328,986 shares.
Oxford Lane Capital Price Performance
The company has a market cap of $875.55 million, a P/E ratio of 1.39 and a beta of 0.63. The company has a fifty day simple moving average of $9.12 and a 200-day simple moving average of $9.30.
Oxford Lane Capital (NASDAQ:OXLC - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The investment management company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $2.26 by ($1.31). The firm had revenue of $166.25 million during the quarter, compared to analyst estimates of $244.27 million.
Oxford Lane Capital Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 17th will be issued a dividend of $0.20 per share. This represents a c) annualized dividend and a dividend yield of 24.8%. The ex-dividend date of this dividend is Thursday, December 17th. Oxford Lane Capital's dividend payout ratio is currently 51.87%.
Hedge Funds Weigh In On Oxford Lane Capital
A number of institutional investors have recently bought and sold shares of the stock. Kohlberg Kravis Roberts & Co. L.P. purchased a new stake in Oxford Lane Capital during the first quarter valued at about $31,171,000. Polar Asset Management Partners Inc. purchased a new position in shares of Oxford Lane Capital in the first quarter worth approximately $19,560,000. Saba Capital Management L.P. acquired a new stake in shares of Oxford Lane Capital during the first quarter valued at approximately $18,114,000. Barclays PLC acquired a new stake in shares of Oxford Lane Capital during the fourth quarter valued at approximately $24,253,000. Finally, North Ground Capital lifted its position in shares of Oxford Lane Capital by 144.6% in the 4th quarter. North Ground Capital now owns 1,032,585 shares of the investment management company's stock valued at $15,117,000 after acquiring an additional 610,363 shares in the last quarter. Hedge funds and other institutional investors own 6.74% of the company's stock.
Oxford Lane Capital Company Profile
(
Get Free Report)
Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.
Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
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 set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. 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.
