Harbour Investments Inc. Has $2.78 Million Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Harbour Investments Inc. raised its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 7.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 407,183 shares of the company’s stock after purchasing an additional 28,683 shares during the quarter. Harbour Investments Inc.’s holdings in FS Credit Opportunities were worth $2,777,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FSCO. Oppenheimer & Co. Inc. grew its position in shares of FS Credit Opportunities by 19.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 48,205 shares of the company’s stock worth $306,000 after buying an additional 7,705 shares during the period. Advisors Asset Management Inc. grew its position in shares of FS Credit Opportunities by 159.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,106 shares of the company’s stock worth $1,321,000 after buying an additional 127,815 shares during the period. Moors & Cabot Inc. grew its position in shares of FS Credit Opportunities by 12.0% during the 3rd quarter. Moors & Cabot Inc. now owns 29,619 shares of the company’s stock worth $188,000 after buying an additional 3,163 shares during the period. Steele Capital Management Inc. grew its position in shares of FS Credit Opportunities by 64.0% during the 3rd quarter. Steele Capital Management Inc. now owns 41,000 shares of the company’s stock worth $260,000 after buying an additional 16,000 shares during the period. Finally, Concorde Asset Management LLC grew its position in shares of FS Credit Opportunities by 29.6% during the 3rd quarter. Concorde Asset Management LLC now owns 127,089 shares of the company’s stock worth $807,000 after buying an additional 29,000 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at FS Credit Opportunities

In other FS Credit Opportunities news, Director Keith Bethel acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at $139,200. This trade represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.26% of the stock is owned by insiders.

FS Credit Opportunities Stock Performance

FS Credit Opportunities stock opened at $6.97 on Monday. The business has a 50-day moving average of $6.93 and a 200-day moving average of $6.69. FS Credit Opportunities Corp. has a 1 year low of $5.66 and a 1 year high of $7.12.

FS Credit Opportunities Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 24th will be given a $0.0645 dividend. The ex-dividend date is Monday, March 24th. This represents a $0.77 annualized dividend and a dividend yield of 11.11%.

FS Credit Opportunities Profile

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.