35,400 Shares in Oxford Lane Capital Corp. (NASDAQ:OXLC) Purchased by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC acquired a new position in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 35,400 shares of the investment management company’s stock, valued at approximately $156,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Wiley BROS. Aintree Capital LLC raised its stake in Oxford Lane Capital by 1.3% in the 3rd quarter. Wiley BROS. Aintree Capital LLC now owns 237,428 shares of the investment management company’s stock valued at $1,045,000 after purchasing an additional 2,957 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Oxford Lane Capital by 32.1% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 37,002 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 8,999 shares during the last quarter. Waddell & Associates LLC acquired a new position in Oxford Lane Capital in the 3rd quarter valued at about $46,000. Morgan Stanley raised its stake in Oxford Lane Capital by 10.6% in the 3rd quarter. Morgan Stanley now owns 125,614 shares of the investment management company’s stock valued at $553,000 after purchasing an additional 12,048 shares during the last quarter. Finally, Kovack Advisors Inc. acquired a new position in Oxford Lane Capital in the 3rd quarter valued at about $57,000.

Shares of OXLC stock opened at $5.41 on Friday. The firm’s 50-day simple moving average is $5.26 and its 200-day simple moving average is $4.53. Oxford Lane Capital Corp. has a 1-year low of $1.86 and a 1-year high of $9.60.

Oxford Lane Capital (NASDAQ:OXLC) last announced its quarterly earnings results on Monday, November 2nd. The investment management company reported $0.24 earnings per share for the quarter. The company had revenue of $30.10 million during the quarter.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, March 31st. Investors of record on Wednesday, March 17th will be issued a dividend of $0.0675 per share. The ex-dividend date is Tuesday, March 16th. This represents a $0.81 annualized dividend and a dividend yield of 14.97%.

Separately, BidaskClub downgraded shares of Oxford Lane Capital from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 18th.

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.

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Institutional Ownership by Quarter for Oxford Lane Capital (NASDAQ:OXLC)

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