Capital CS Group LLC Makes New $156,000 Investment in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Capital CS Group LLC acquired a new position in Oxford Lane Capital Corp. (NASDAQ:OXLC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 30,730 shares of the investment management company’s stock, valued at approximately $156,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Precision Wealth Strategies LLC acquired a new position in shares of Oxford Lane Capital during the third quarter valued at $52,000. Marks Wealth LLC acquired a new position in shares of Oxford Lane Capital in the 3rd quarter worth approximately $53,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Oxford Lane Capital in the 3rd quarter worth approximately $53,000. National Wealth Management Group LLC acquired a new position in shares of Oxford Lane Capital in the 3rd quarter worth approximately $54,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Oxford Lane Capital in the third quarter worth about $55,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Price Performance

Shares of OXLC opened at $5.08 on Tuesday. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 3.63 and a beta of 1.15. The company has a 50-day moving average of $5.20 and a two-hundred day moving average of $5.30. Oxford Lane Capital Corp. has a one year low of $4.95 and a one year high of $5.78.

Oxford Lane Capital Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $0.09 dividend. The ex-dividend date is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 73.57%.

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.