Realta Investment Advisors increased its position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) by 244.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 888,696 shares of the investment management company's stock after acquiring an additional 630,942 shares during the quarter. Oxford Lane Capital accounts for about 2.2% of Realta Investment Advisors' holdings, making the stock its 7th largest position. Realta Investment Advisors owned approximately 0.37% of Oxford Lane Capital worth $4,701,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Capital Investment Advisors LLC grew its position in Oxford Lane Capital by 33.5% during the third 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. Sage Capital Advisors llc grew its holdings in shares of Oxford Lane Capital by 6.3% during the 3rd quarter. Sage Capital Advisors llc now owns 85,082 shares of the investment management company's stock valued at $446,000 after acquiring an additional 5,030 shares in the last quarter. &PARTNERS increased its stake in shares of Oxford Lane Capital by 1.9% in the second quarter. &PARTNERS now owns 268,366 shares of the investment management company's stock worth $1,455,000 after acquiring an additional 5,055 shares during the last quarter. Joule Financial LLC raised its holdings in shares of Oxford Lane Capital by 53.5% during the third quarter. Joule Financial LLC now owns 18,773 shares of the investment management company's stock worth $98,000 after acquiring an additional 6,542 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in Oxford Lane Capital by 11.5% during the second quarter. Squarepoint Ops LLC now owns 65,757 shares of the investment management company's stock valued at $356,000 after purchasing an additional 6,762 shares during the last quarter. Hedge funds and other institutional investors own 6.74% of the company's stock.
OXLC stock traded up $0.01 during trading hours on Friday, hitting $5.27. The company's stock had a trading volume of 2,190,345 shares, compared to its average volume of 3,229,736. The company has a market capitalization of $1.69 billion, a PE ratio of 3.76 and a beta of 1.15. Oxford Lane Capital Corp. has a 12 month low of $4.82 and a 12 month high of $5.78. The stock has a 50 day moving average price of $5.27 and a two-hundred day moving average price of $5.34.
The business also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Friday, October 18th were issued a $0.09 dividend. The ex-dividend date was Thursday, October 17th. This represents a dividend yield of 20.73%. Oxford Lane Capital's payout ratio is presently 72.14%.
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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