CFO4Life Group LLC Cuts Stake in Oxford Lane Capital Corp. $OXLC

CFO4Life Group LLC cut its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 80.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,682 shares of the investment management company’s stock after selling 58,728 shares during the period. CFO4Life Group LLC’s holdings in Oxford Lane Capital were worth $249,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC increased its position in Oxford Lane Capital by 1,520.4% during the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after buying an additional 557,996 shares in the last quarter. North Ground Capital purchased a new stake in shares of Oxford Lane Capital during the third quarter worth about $6,771,000. Jump Financial LLC acquired a new position in shares of Oxford Lane Capital during the second quarter valued at about $697,000. Transce3nd LLC raised its position in shares of Oxford Lane Capital by 63.3% in the 2nd quarter. Transce3nd LLC now owns 415,326 shares of the investment management company’s stock valued at $1,744,000 after purchasing an additional 160,994 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its stake in Oxford Lane Capital by 11.1% in the 2nd quarter. Wedbush Securities Inc. now owns 1,516,297 shares of the investment management company’s stock worth $6,368,000 after purchasing an additional 152,083 shares in the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Trading Up 0.9%

Shares of Oxford Lane Capital stock opened at $9.28 on Thursday. The firm’s 50 day simple moving average is $13.35 and its two-hundred day simple moving average is $15.24. The firm has a market capitalization of $841.11 million, a price-to-earnings ratio of 1.57 and a beta of 0.73. Oxford Lane Capital Corp. has a 12-month low of $8.71 and a 12-month high of $25.60.

Oxford Lane Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a $0.20 dividend. This represents a c) annualized dividend and a dividend yield of 25.9%. The ex-dividend date of this dividend is Tuesday, June 16th.

Oxford Lane Capital Profile

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.