Prairie Sky Financial Group LLC Acquires Shares of 39,212 Oxford Lane Capital Corp. (NASDAQ:OXLC)

Prairie Sky Financial Group LLC bought a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 39,212 shares of the investment management company’s stock, valued at approximately $205,000.

A number of other large investors have also recently made changes to their positions in OXLC. Creative Planning purchased a new position in Oxford Lane Capital in the 3rd quarter worth about $170,000. Freestate Advisors LLC bought a new stake in shares of Oxford Lane Capital during the third quarter valued at approximately $72,000. Sage Capital Advisors llc boosted its holdings in shares of Oxford Lane Capital by 6.3% in the third quarter. Sage Capital Advisors llc now owns 85,082 shares of the investment management company’s stock valued at $446,000 after purchasing an additional 5,030 shares during the period. Sanctuary Advisors LLC bought a new position in Oxford Lane Capital in the second quarter worth approximately $160,000. Finally, Founders Financial Alliance LLC increased its holdings in Oxford Lane Capital by 37.6% during the 2nd quarter. Founders Financial Alliance LLC now owns 158,098 shares of the investment management company’s stock worth $857,000 after purchasing an additional 43,170 shares during the period. 6.74% of the stock is owned by hedge funds and other institutional investors.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLC opened at $5.29 on Tuesday. Oxford Lane Capital Corp. has a twelve month low of $4.41 and a twelve month high of $5.78. The business has a fifty day simple moving average of $5.30 and a two-hundred day simple moving average of $5.33. The firm has a market cap of $1.27 billion, a PE ratio of 5.24 and a beta of 1.15.

Oxford Lane Capital (NASDAQ:OXLC) last released its quarterly earnings data on Friday, July 26th. The investment management company reported $0.41 earnings per share for the quarter. The firm had revenue of $89.80 million during the quarter.

Oxford Lane Capital Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, October 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is 99.01%.

Oxford Lane Capital Company Profile

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.