FS Credit Opportunities Corp. (NYSE:FSCO) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC decreased its stake in FS Credit Opportunities Corp. (NYSE:FSCOFree Report) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 804,853 shares of the company’s stock after selling 36,531 shares during the period. Prime Capital Investment Advisors LLC owned 0.41% of FS Credit Opportunities worth $4,362,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Sunbelt Securities Inc. increased its position in shares of FS Credit Opportunities by 54.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,616 shares of the company’s stock valued at $27,000 after purchasing an additional 1,980 shares during the period. PSI Advisors LLC increased its position in shares of FS Credit Opportunities by 60.3% during the 3rd quarter. PSI Advisors LLC now owns 6,646 shares of the company’s stock valued at $36,000 after purchasing an additional 2,500 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of FS Credit Opportunities by 50.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,773 shares of the company’s stock valued at $37,000 after purchasing an additional 2,591 shares during the period. Larson Financial Group LLC increased its position in shares of FS Credit Opportunities by 50.0% during the 2nd quarter. Larson Financial Group LLC now owns 8,268 shares of the company’s stock valued at $39,000 after purchasing an additional 2,756 shares during the period. Finally, Armstrong Fleming & Moore Inc acquired a new position in shares of FS Credit Opportunities during the 2nd quarter valued at $49,000. Institutional investors own 29.99% of the company’s stock.

FS Credit Opportunities Price Performance

FSCO opened at $5.76 on Friday. The business has a fifty day simple moving average of $5.73 and a 200-day simple moving average of $5.51. FS Credit Opportunities Corp. has a fifty-two week low of $4.08 and a fifty-two week high of $6.00.

FS Credit Opportunities Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were given a dividend of $0.057 per share. The ex-dividend date was Tuesday, January 23rd. This represents a $0.68 dividend on an annualized basis and a yield of 11.88%.

Insider Activity at FS Credit Opportunities

In other FS Credit Opportunities news, Director Philip E. Hughes, Jr. acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was acquired at an average price of $5.65 per share, with a total value of $28,250.00. Following the transaction, the director now owns 20,788 shares of the company’s stock, valued at $117,452.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for FS Credit Opportunities (NYSE:FSCO)

Receive News & Ratings for FS Credit Opportunities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS Credit Opportunities and related companies with MarketBeat.com's FREE daily email newsletter.