Oxford Lane Capital (OXLC) to Release Quarterly Earnings on Monday

Oxford Lane Capital (NASDAQ:OXLC) is anticipated to post its results before the market opens on Monday, January 26th. Analysts expect Oxford Lane Capital to post earnings of $2.25 per share and revenue of $247.8680 million for the quarter.

Oxford Lane Capital (NASDAQ:OXLC) last issued its earnings results on Wednesday, November 5th. The investment management company reported $1.24 EPS for the quarter, missing the consensus estimate of $2.25 by ($1.01). The firm had revenue of $128.30 million during the quarter, compared to the consensus estimate of $247.87 million.

Oxford Lane Capital Trading Up 0.3%

Oxford Lane Capital stock traded up $0.04 during midday trading on Friday, reaching $14.71. The stock had a trading volume of 615,817 shares, compared to its average volume of 1,107,573. The company has a fifty day moving average price of $14.38 and a two-hundred day moving average price of $16.31. The company has a market capitalization of $1.33 billion, a P/E ratio of 2.19 and a beta of 0.70. Oxford Lane Capital has a 12 month low of $12.88 and a 12 month high of $25.95.

Hedge Funds Weigh In On Oxford Lane Capital

Large investors have recently modified their holdings of the company. Jane Street Group LLC grew its stake in shares of 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 worth $2,498,000 after acquiring an additional 557,996 shares in the last quarter. Jump Financial LLC bought a new position in shares of Oxford Lane Capital during the second quarter valued at about $697,000. Cetera Investment Advisers boosted its holdings in Oxford Lane Capital by 18.3% during the second quarter. Cetera Investment Advisers now owns 132,074 shares of the investment management company’s stock worth $555,000 after purchasing an additional 20,411 shares during the last quarter. Susquehanna International Group LLP grew its position in Oxford Lane Capital by 50.5% in the 3rd quarter. Susquehanna International Group LLP now owns 105,871 shares of the investment management company’s stock worth $1,792,000 after purchasing an additional 35,520 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in Oxford Lane Capital in the 2nd quarter worth about $187,000. 6.74% of the stock is currently owned by institutional investors.

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.