Arlington Capital Management Inc. Has $919,000 Stock Position in Oxford Lane Capital Corp. (NASDAQ:OXLC)

Arlington Capital Management Inc. raised its holdings in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 10.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,199 shares of the investment management company’s stock after acquiring an additional 17,658 shares during the period. Arlington Capital Management Inc. owned about 0.05% of Oxford Lane Capital worth $919,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. TrueMark Investments LLC grew its holdings in shares of Oxford Lane Capital by 88.5% during the 4th quarter. TrueMark Investments LLC now owns 998,125 shares of the investment management company’s stock valued at $5,060,000 after purchasing an additional 468,696 shares during the last quarter. Border to Coast Pensions Partnership Ltd lifted its holdings in shares of Oxford Lane Capital by 31.7% during the fourth 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 during the period. LPL Financial LLC grew its stake in shares of Oxford Lane Capital by 42.7% in the fourth quarter. LPL Financial LLC now owns 897,345 shares of the investment management company’s stock worth $4,550,000 after purchasing an additional 268,631 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Oxford Lane Capital in the fourth quarter valued at $1,079,000. Finally, Rockefeller Capital Management L.P. bought a new position in Oxford Lane Capital during the 3rd quarter worth $777,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Trading Up 1.3 %

Shares of OXLC opened at $4.66 on Wednesday. Oxford Lane Capital Corp. has a 12 month low of $4.01 and a 12 month high of $5.78. The company has a market capitalization of $1.61 billion, a PE ratio of 5.61 and a beta of 1.17. The stock’s 50-day moving average price is $4.98 and its two-hundred day moving average price is $5.14.

Oxford Lane Capital (NASDAQ:OXLC) last posted its quarterly earnings data on Monday, January 27th. The investment management company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.39).

Oxford Lane Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, April 16th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 127.71%.

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.