Rockefeller Capital Management L.P. Decreases Stock Holdings in Oxford Lane Capital Corp. $OXLC

Rockefeller Capital Management L.P. lessened its stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 91.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 24,218 shares of the investment management company’s stock after selling 251,617 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Oxford Lane Capital were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in OXLC. Osbon Capital Management LLC bought a new stake in Oxford Lane Capital in the 4th quarter worth approximately $29,000. Camelot Portfolios LLC purchased a new stake in shares of Oxford Lane Capital in the 4th quarter worth $29,000. Sound Income Strategies LLC purchased a new position in Oxford Lane Capital during the fourth quarter valued at $37,000. Sunbelt Securities Inc. grew its holdings in Oxford Lane Capital by 377.2% during the fourth quarter. Sunbelt Securities Inc. now owns 3,827 shares of the investment management company’s stock valued at $56,000 after purchasing an additional 3,025 shares during the period. Finally, Wells Fargo & Company MN increased its position in Oxford Lane Capital by 889.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,474 shares of the investment management company’s stock worth $65,000 after buying an additional 4,022 shares in the last quarter. 6.74% of the stock is currently owned by institutional investors.

Oxford Lane Capital Stock Up 1.5%

OXLC stock opened at $9.09 on Tuesday. The business’s 50-day moving average price is $9.48 and its 200-day moving average price is $10.63. The stock has a market cap of $823.44 million, a P/E ratio of 1.41 and a beta of 0.64. Oxford Lane Capital Corp. has a twelve month low of $8.01 and a twelve month high of $21.00.

Oxford Lane Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 16th. This represents a c) annualized dividend and a dividend yield of 26.4%. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 63.47%.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.