Delphi Financial Group Inc. Takes Position in Oxford Lane Capital Corp. $OXLC

Delphi Financial Group Inc. acquired a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 145,030 shares of the investment management company’s stock, valued at approximately $2,123,000. Oxford Lane Capital accounts for about 1.1% of Delphi Financial Group Inc.’s investment portfolio, making the stock its 20th biggest position. Delphi Financial Group Inc. owned approximately 0.16% of Oxford Lane Capital as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Capital CS Group LLC raised its position in shares of Oxford Lane Capital by 7.4% in the fourth quarter. Capital CS Group LLC now owns 16,424 shares of the investment management company’s stock valued at $240,000 after purchasing an additional 1,126 shares during the period. McIlrath & Eck LLC increased its position in Oxford Lane Capital by 31.5% during the fourth quarter. McIlrath & Eck LLC now owns 6,167 shares of the investment management company’s stock worth $90,000 after acquiring an additional 1,476 shares during the period. Camelot Portfolios LLC bought a new position in Oxford Lane Capital during the fourth quarter worth about $29,000. Fermata Advisors LLC increased its position in Oxford Lane Capital by 18.3% during the fourth quarter. Fermata Advisors LLC now owns 13,089 shares of the investment management company’s stock worth $192,000 after acquiring an additional 2,024 shares during the period. Finally, Sound Income Strategies LLC bought a new position in Oxford Lane Capital during the fourth quarter worth about $37,000. 6.74% of the stock is owned by institutional investors.

Oxford Lane Capital Stock Performance

NASDAQ:OXLC opened at $9.64 on Friday. Oxford Lane Capital Corp. has a 52 week low of $8.01 and a 52 week high of $22.70. The firm has a market cap of $873.74 million, a price-to-earnings ratio of 1.49 and a beta of 0.63. The firm’s 50-day simple moving average is $9.92 and its 200 day simple moving average is $11.45.

Oxford Lane Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a yield of 24.9%. The ex-dividend date of this dividend is Wednesday, September 16th. Oxford Lane Capital’s dividend payout ratio (DPR) is currently 67.34%.

Oxford Lane Capital Company 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.