Prospera Financial Services Inc Has $282,000 Stake in Oxford Lane Capital Corp. $OXLC

Prospera Financial Services Inc reduced its holdings in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 78.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,637 shares of the investment management company’s stock after selling 61,244 shares during the quarter. Prospera Financial Services Inc’s holdings in Oxford Lane Capital were worth $282,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Transce3nd LLC lifted its holdings in shares of Oxford Lane Capital by 63.3% during the second quarter. Transce3nd LLC now owns 415,326 shares of the investment management company’s stock worth $1,744,000 after buying an additional 160,994 shares during the last quarter. North Ground Capital bought a new position in Oxford Lane Capital during the third quarter worth $6,771,000. Cary Street Partners Financial LLC acquired a new position in Oxford Lane Capital during the 2nd quarter valued at $237,000. TT Capital Management LLC acquired a new position in Oxford Lane Capital during the 2nd quarter valued at $198,000. Finally, GatePass Capital LLC bought a new stake in Oxford Lane Capital in the 2nd quarter valued at $264,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Price Performance

NASDAQ OXLC opened at $9.20 on Wednesday. The company’s fifty day moving average is $13.45 and its two-hundred day moving average is $15.29. Oxford Lane Capital Corp. has a 52-week low of $8.71 and a 52-week high of $25.60. The firm has a market capitalization of $833.86 million, a price-to-earnings ratio of 1.57 and a beta of 0.73.

Oxford Lane Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a c) annualized dividend and a yield of 26.1%.

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.