Oxford Lane Capital Corp (NASDAQ:OXLC)‘s stock had its “buy” rating reissued by stock analysts at Ladenburg Thalmann Financial Services in a note issued to investors on Thursday. They presently have a $11.00 target price on the investment management company’s stock, up from their previous target price of $10.25. Ladenburg Thalmann Financial Services’ price target would suggest a potential upside of 3.48% from the company’s previous close.

Separately, Zacks Investment Research cut Oxford Lane Capital Corp from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th.

Oxford Lane Capital Corp (NASDAQ OXLC) opened at 10.63 on Thursday. The stock has a 50 day moving average price of $10.56 and a 200-day moving average price of $10.64. Oxford Lane Capital Corp has a one year low of $9.34 and a one year high of $11.80.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OXLC. Citadel Advisors LLC acquired a new position in Oxford Lane Capital Corp during the 1st quarter worth approximately $229,000. KCG Holdings Inc. acquired a new position in Oxford Lane Capital Corp during the 1st quarter worth approximately $129,000. Bank of America Corp DE increased its position in Oxford Lane Capital Corp by 29.4% during the 1st quarter. Bank of America Corp DE now owns 12,770 shares of the investment management company’s stock worth $142,000 after purchasing an additional 2,904 shares during the period. Blair William & Co. IL acquired a new position in Oxford Lane Capital Corp during the 2nd quarter worth approximately $1,801,000. Finally, GSA Capital Partners LLP increased its position in Oxford Lane Capital Corp by 66.1% during the 2nd quarter. GSA Capital Partners LLP now owns 18,600 shares of the investment management company’s stock worth $184,000 after purchasing an additional 7,400 shares during the period.

Oxford Lane Capital Corp Company Profile

Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.

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