L.M. Kohn & Company Purchases Shares of 32,720 Oxford Lane Capital Corp. (NASDAQ:OXLC)

L.M. Kohn & Company purchased a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 32,720 shares of the investment management company’s stock, valued at approximately $154,000.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Oxford Lane Capital during the 4th quarter worth approximately $1,079,000. Citadel Advisors LLC grew its stake in shares of Oxford Lane Capital by 333.5% in the 4th quarter. Citadel Advisors LLC now owns 961,271 shares of the investment management company’s stock valued at $4,874,000 after purchasing an additional 739,506 shares during the last quarter. Wedbush Securities Inc. grew its stake in shares of Oxford Lane Capital by 10.0% in the 4th quarter. Wedbush Securities Inc. now owns 1,191,828 shares of the investment management company’s stock valued at $6,043,000 after purchasing an additional 107,951 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Oxford Lane Capital by 905.9% in the 4th quarter. Jane Street Group LLC now owns 469,244 shares of the investment management company’s stock valued at $2,379,000 after purchasing an additional 422,593 shares during the last quarter. Finally, TrueMark Investments LLC grew its stake in shares of Oxford Lane Capital by 88.5% in the 4th quarter. TrueMark Investments LLC now owns 998,125 shares of the investment management company’s stock valued at $5,060,000 after purchasing an additional 468,696 shares during the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Trading Down 0.7%

Shares of OXLC stock opened at $4.08 on Friday. The business’s 50 day moving average is $4.52 and its two-hundred day moving average is $4.81. Oxford Lane Capital Corp. has a twelve month low of $3.91 and a twelve month high of $5.68. The company has a market capitalization of $1.85 billion, a P/E ratio of 4.92 and a beta of 0.81.

Oxford Lane Capital Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 17th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, July 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 130.12%.

About Oxford Lane Capital

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.