10,099 Shares in Oxford Lane Capital Corp. (NASDAQ:OXLC) Purchased by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC purchased a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,099 shares of the investment management company’s stock, valued at approximately $51,000.

A number of other hedge funds also recently bought and sold shares of the stock. Merkkuri Wealth Advisors LLC raised its position in Oxford Lane Capital by 20.8% in the 4th quarter. Merkkuri Wealth Advisors LLC now owns 12,188 shares of the investment management company’s stock valued at $62,000 after purchasing an additional 2,100 shares in the last quarter. Captrust Financial Advisors raised its position in Oxford Lane Capital by 31.1% in the 3rd quarter. Captrust Financial Advisors now owns 13,628 shares of the investment management company’s stock valued at $71,000 after purchasing an additional 3,229 shares in the last quarter. Capital Investment Advisors LLC raised its position in Oxford Lane Capital by 33.5% in the 3rd quarter. Capital Investment Advisors LLC now owns 14,682 shares of the investment management company’s stock valued at $77,000 after purchasing an additional 3,682 shares in the last quarter. D.A. Davidson & CO. raised its position in Oxford Lane Capital by 16.5% in the 3rd quarter. D.A. Davidson & CO. now owns 27,266 shares of the investment management company’s stock valued at $143,000 after purchasing an additional 3,865 shares in the last quarter. Finally, Sigma Planning Corp raised its position in Oxford Lane Capital by 10.2% in the 3rd quarter. Sigma Planning Corp now owns 69,307 shares of the investment management company’s stock valued at $363,000 after purchasing an additional 6,390 shares in the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Price Performance

OXLC stock opened at $5.06 on Friday. Oxford Lane Capital Corp. has a 1 year low of $4.95 and a 1 year high of $5.78. The firm has a market capitalization of $1.75 billion, a P/E ratio of 6.10 and a beta of 1.16. The business’s 50-day moving average is $5.12 and its two-hundred day moving average is $5.23.

Oxford Lane Capital (NASDAQ:OXLC) last issued its earnings results on Monday, January 27th. The investment management company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.39).

Oxford Lane Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.09 per share. This represents a $1.08 annualized dividend and a dividend yield of 21.34%. The ex-dividend date is Monday, June 16th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 125.30%.

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.