FS Credit Opportunities (FSCO) Scheduled to Post Earnings on Monday

FS Credit Opportunities (NYSE:FSCO) is set to release its earnings data after the market closes on Monday, November 20th.

FS Credit Opportunities Price Performance

NYSE:FSCO opened at $5.67 on Friday. FS Credit Opportunities has a 12-month low of $4.08 and a 12-month high of $5.97. The business has a 50-day simple moving average of $5.42.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 21st will be given a $0.057 dividend. This represents a $0.68 annualized dividend and a yield of 12.07%. The ex-dividend date is Monday, November 20th.

Institutional Trading of FS Credit Opportunities

Several hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV grew its stake in shares of FS Credit Opportunities by 255.7% during the third quarter. Mercer Global Advisors Inc. ADV now owns 69,604 shares of the company’s stock valued at $377,000 after purchasing an additional 50,037 shares during the last quarter. Royal Bank of Canada lifted its holdings in FS Credit Opportunities by 54.7% in the third quarter. Royal Bank of Canada now owns 264,789 shares of the company’s stock valued at $1,435,000 after buying an additional 93,609 shares during the period. Osaic Holdings Inc. lifted its holdings in FS Credit Opportunities by 65.4% in the second quarter. Osaic Holdings Inc. now owns 1,817,239 shares of the company’s stock valued at $8,649,000 after buying an additional 718,473 shares during the period. Coppell Advisory Solutions LLC acquired a new position in FS Credit Opportunities in the second quarter valued at approximately $55,000. Finally, Armstrong Fleming & Moore Inc acquired a new position in FS Credit Opportunities in the second quarter valued at approximately $49,000. 29.99% of the stock is owned by institutional investors.

About FS Credit Opportunities

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.