Oxford Lane Capital (NASDAQ:OXLC) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Tuesday, BidAskClub reports.

Separately, Zacks Investment Research lowered ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th.

Shares of OXLC opened at $10.74 on Tuesday. The stock’s 50-day moving average price is $10.26. Oxford Lane Capital has a one year low of $7.35 and a one year high of $11.50.

Several institutional investors have recently made changes to their positions in OXLC. Wiley BROS. Aintree Capital LLC increased its stake in shares of Oxford Lane Capital by 262.9% in the 2nd quarter. Wiley BROS. Aintree Capital LLC now owns 101,766 shares of the investment management company’s stock valued at $1,026,000 after purchasing an additional 73,727 shares in the last quarter. Deutsche Bank AG increased its stake in Oxford Lane Capital by 1,310.3% during the 4th quarter. Deutsche Bank AG now owns 45,636 shares of the investment management company’s stock worth $442,000 after buying an additional 42,400 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Oxford Lane Capital by 46.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 54,971 shares of the investment management company’s stock worth $533,000 after buying an additional 17,487 shares in the last quarter. National Asset Management Inc. purchased a new stake in Oxford Lane Capital during the 1st quarter worth approximately $157,000. Finally, LPL Financial LLC increased its stake in Oxford Lane Capital by 36.3% during the 4th quarter. LPL Financial LLC now owns 56,670 shares of the investment management company’s stock worth $550,000 after buying an additional 15,100 shares in the last quarter.

About Oxford Lane Capital

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.

See Also: Trading Ex-Dividend Strategy

Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.