Gilbert & Cook Inc. Has $2.13 Million Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Gilbert & Cook Inc. lessened its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 334,979 shares of the company’s stock after selling 9,647 shares during the period. FS Credit Opportunities comprises 0.3% of Gilbert & Cook Inc.’s investment portfolio, making the stock its 27th largest holding. Gilbert & Cook Inc.’s holdings in FS Credit Opportunities were worth $2,127,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of FSCO. Kovack Advisors Inc. grew its stake in FS Credit Opportunities by 108.9% during the 3rd quarter. Kovack Advisors Inc. now owns 77,700 shares of the company’s stock valued at $493,000 after acquiring an additional 40,500 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in FS Credit Opportunities by 19.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 48,205 shares of the company’s stock valued at $306,000 after acquiring an additional 7,705 shares in the last quarter. Tyler Stone Wealth Management grew its stake in FS Credit Opportunities by 105.7% during the 3rd quarter. Tyler Stone Wealth Management now owns 15,017 shares of the company’s stock valued at $95,000 after acquiring an additional 7,715 shares in the last quarter. Legacy Capital Wealth Partners LLC grew its stake in FS Credit Opportunities by 70.9% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 69,399 shares of the company’s stock valued at $441,000 after acquiring an additional 28,800 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in shares of FS Credit Opportunities by 13.6% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 75,464 shares of the company’s stock valued at $479,000 after buying an additional 9,033 shares in the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO opened at $6.55 on Friday. The business has a 50 day simple moving average of $6.52 and a 200 day simple moving average of $6.37. FS Credit Opportunities Corp. has a 52 week low of $5.47 and a 52 week high of $6.75.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.06 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.72 annualized dividend and a dividend yield of 10.99%.

Insider Activity at FS Credit Opportunities

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the sale, the chief executive officer now owns 13,437 shares of the company’s stock, valued at $82,100.07. This represents a 88.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is currently owned by company insiders.

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.