Delphi Financial Group Inc. Buys Shares of 145,030 Oxford Lane Capital Corp. $OXLC

Delphi Financial Group Inc. bought a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) during the 4th quarter, HoldingsChannel reports. The fund bought 145,030 shares of the investment management company’s stock, valued at approximately $2,123,000. Oxford Lane Capital makes up 1.1% of Delphi Financial Group Inc.’s holdings, making the stock its 20th biggest position.

Several other hedge funds have also recently bought and sold shares of OXLC. Jane Street Group LLC increased its holdings in Oxford Lane Capital by 1,520.4% in the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after buying an additional 557,996 shares during the period. Bulldog Investors LLP bought a new position in Oxford Lane Capital in the 3rd quarter valued at about $7,573,000. Alpine Global Management LLC bought a new position in Oxford Lane Capital in the 3rd quarter valued at about $3,762,000. Jump Financial LLC bought a new position in Oxford Lane Capital in the 2nd quarter valued at about $697,000. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in Oxford Lane Capital by 1,101.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 153,382 shares of the investment management company’s stock valued at $2,246,000 after buying an additional 140,619 shares during the period. 6.74% of the stock is owned by institutional investors.

Oxford Lane Capital Stock Down 2.1%

OXLC stock opened at $9.64 on Friday. Oxford Lane Capital Corp. has a 12 month low of $8.01 and a 12 month high of $22.70. The firm has a market cap of $873.74 million, a P/E ratio of 1.49 and a beta of 0.63. The company’s 50-day moving average price is $9.92 and its two-hundred day moving average price is $11.45.

Oxford Lane Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.20 dividend. This represents a c) annualized dividend and a yield of 24.9%. The ex-dividend date of this dividend is Wednesday, September 16th. Oxford Lane Capital’s dividend payout ratio (DPR) is currently 67.34%.

About Oxford Lane Capital

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.