Oxford Lane Capital Corp (OXLC) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP grew its stake in Oxford Lane Capital Corp (NASDAQ:OXLC) by 51.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,100 shares of the investment management company’s stock after purchasing an additional 9,500 shares during the quarter. GSA Capital Partners LLP owned approximately 0.12% of Oxford Lane Capital worth $287,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in OXLC. Advisor Group Inc. grew its position in shares of Oxford Lane Capital by 83.5% in the second quarter. Advisor Group Inc. now owns 131,168 shares of the investment management company’s stock valued at $1,300,000 after purchasing an additional 59,695 shares during the period. Virtu KCG Holdings LLC grew its position in shares of Oxford Lane Capital by 258.0% in the second quarter. Virtu KCG Holdings LLC now owns 41,437 shares of the investment management company’s stock valued at $411,000 after purchasing an additional 29,863 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of Oxford Lane Capital in the second quarter valued at about $263,000. Nine Chapters Capital Management LLC acquired a new stake in shares of Oxford Lane Capital in the third quarter valued at about $241,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Oxford Lane Capital in the third quarter valued at about $163,000.

Oxford Lane Capital Corp (NASDAQ:OXLC) opened at $9.96 on Wednesday. The firm has a market cap of $240.24, a PE ratio of 7.27 and a beta of 1.01. Oxford Lane Capital Corp has a 52 week low of $9.11 and a 52 week high of $11.65.

The firm also recently declared a monthly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd will be paid a $0.135 dividend. This represents a $1.62 annualized dividend and a dividend yield of 16.27%. The ex-dividend date of this dividend is Wednesday, March 21st. Oxford Lane Capital’s dividend payout ratio is currently 116.79%.

Separately, Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $11.00 price target (up from $10.25) on shares of Oxford Lane Capital in a research note on Thursday, October 5th.

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About Oxford Lane Capital

Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.

Institutional Ownership by Quarter for Oxford Lane Capital (NASDAQ:OXLC)

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