Firethorn Wealth Partners LLC Makes New $100,000 Investment in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Firethorn Wealth Partners LLC acquired a new position in Oxford Lane Capital Corp. (NASDAQ:OXLC) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 19,640 shares of the investment management company’s stock, valued at approximately $100,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Border to Coast Pensions Partnership Ltd boosted its position in Oxford Lane Capital by 31.7% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 1,850,000 shares of the investment management company’s stock worth $9,373,000 after purchasing an additional 445,000 shares in the last quarter. Realta Investment Advisors grew its position in Oxford Lane Capital by 244.8% during the third quarter. Realta Investment Advisors now owns 888,696 shares of the investment management company’s stock valued at $4,701,000 after buying an additional 630,942 shares during the period. Delphi Financial Group Inc. increased its holdings in Oxford Lane Capital by 36.8% in the third quarter. Delphi Financial Group Inc. now owns 480,221 shares of the investment management company’s stock valued at $2,516,000 after buying an additional 129,184 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Oxford Lane Capital in the second quarter worth about $1,708,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Oxford Lane Capital by 56.5% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 228,395 shares of the investment management company’s stock worth $1,197,000 after acquiring an additional 82,431 shares in the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Stock Up 0.6 %

Shares of Oxford Lane Capital stock opened at $5.12 on Friday. The firm has a market cap of $1.77 billion, a PE ratio of 3.66 and a beta of 1.15. Oxford Lane Capital Corp. has a twelve month low of $4.95 and a twelve month high of $5.78. The business has a 50-day moving average price of $5.16 and a 200 day moving average price of $5.28.

Oxford Lane Capital Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 20th will be given a dividend of $0.09 per share. This represents a yield of 21.26%. The ex-dividend date is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio is presently 74.29%.

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.