Parisi Gray Wealth Management Acquires New Shares in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Parisi Gray Wealth Management purchased a new position in Oxford Lane Capital Corp. (NASDAQ:OXLC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,000 shares of the investment management company’s stock, valued at approximately $101,000.

A number of other large investors have also recently made changes to their positions in the stock. Border to Coast Pensions Partnership Ltd purchased a new position in shares of Oxford Lane Capital during the 3rd quarter valued at $7,341,000. 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 worth $4,701,000 after buying an additional 630,942 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Oxford Lane Capital in the 2nd quarter valued at about $1,708,000. Rockefeller Capital Management L.P. bought a new stake in shares of Oxford Lane Capital during the 3rd quarter valued at about $777,000. Finally, Delphi Financial Group Inc. boosted its position in shares of Oxford Lane Capital by 36.8% during the 3rd quarter. Delphi Financial Group Inc. now owns 480,221 shares of the investment management company’s stock valued at $2,516,000 after acquiring an additional 129,184 shares during the last quarter. 6.74% of the stock is owned by institutional investors.

Oxford Lane Capital Stock Up 0.2 %

Shares of OXLC stock traded up $0.01 during trading on Monday, hitting $5.08. The company had a trading volume of 4,013,810 shares, compared to its average volume of 5,424,269. The stock’s 50-day moving average is $5.21 and its two-hundred day moving average is $5.31. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 3.63 and a beta of 1.15. Oxford Lane Capital Corp. has a 52 week low of $4.95 and a 52 week high of $5.78.

Oxford Lane Capital Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is currently 73.57%.

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.