Rockefeller Capital Management L.P. Sells 251,617 Shares of Oxford Lane Capital Corp. $OXLC

Rockefeller Capital Management L.P. reduced its stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 91.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,218 shares of the investment management company’s stock after selling 251,617 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Oxford Lane Capital were worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of OXLC. Barclays PLC bought a new stake in Oxford Lane Capital during the 4th quarter valued at $24,253,000. North Ground Capital grew its holdings in Oxford Lane Capital by 144.6% in the 4th quarter. North Ground Capital now owns 1,032,585 shares of the investment management company’s stock worth $15,117,000 after acquiring an additional 610,363 shares during the last quarter. Jane Street Group LLC increased its position in shares of Oxford Lane Capital by 1,520.4% in the second quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after acquiring an additional 557,996 shares during the period. Eagle Point Credit Management LLC bought a new position in shares of Oxford Lane Capital during the fourth quarter valued at about $7,272,000. Finally, Bulldog Investors LLP purchased a new stake in shares of Oxford Lane Capital during the third quarter worth about $7,573,000. 6.74% of the stock is currently owned by institutional investors.

Oxford Lane Capital Stock Up 1.5%

Shares of OXLC stock opened at $9.09 on Tuesday. The stock has a fifty day moving average of $9.48 and a 200 day moving average of $10.63. The firm has a market capitalization of $823.44 million, a price-to-earnings ratio of 1.41 and a beta of 0.64. Oxford Lane Capital Corp. has a 52 week low of $8.01 and a 52 week high of $21.00.

Oxford Lane Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a $0.20 dividend. This represents a c) annualized dividend and a yield of 26.4%. The ex-dividend date of this dividend is Wednesday, September 16th. Oxford Lane Capital’s dividend payout ratio is presently 63.47%.

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.