Oxford Lane Capital Corp. $OXLC Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S grew its holdings in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 1,101.8% during the 4th quarter, Holdings Channel reports. The firm owned 153,382 shares of the investment management company’s stock after buying an additional 140,619 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Oxford Lane Capital were worth $2,246,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Camelot Portfolios LLC acquired a new stake in shares of Oxford Lane Capital in the fourth quarter valued at approximately $29,000. Sound Income Strategies LLC acquired a new stake in shares of Oxford Lane Capital in the fourth quarter valued at approximately $37,000. Chesapeake Asset Management LLC acquired a new stake in shares of Oxford Lane Capital in the fourth quarter valued at approximately $69,000. XTX Topco Ltd acquired a new stake in shares of Oxford Lane Capital in the second quarter valued at approximately $69,000. Finally, Legacy Wealth Managment LLC ID grew its position in shares of Oxford Lane Capital by 4,377.5% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 4,970 shares of the investment management company’s stock valued at $73,000 after purchasing an additional 4,859 shares during the last quarter. 6.74% of the stock is currently owned by institutional investors and hedge funds.

Oxford Lane Capital Price Performance

OXLC stock opened at $9.54 on Tuesday. The company’s 50 day simple moving average is $9.92 and its 200-day simple moving average is $11.41. The firm has a market capitalization of $864.68 million, a PE ratio of 1.48 and a beta of 0.63. Oxford Lane Capital Corp. has a 12 month low of $8.01 and a 12 month high of $22.70.

Oxford Lane Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. This represents a c) annualized dividend and a dividend yield of 25.2%. Oxford Lane Capital’s dividend payout ratio is currently 67.34%.

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.