C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO – Free Report) by 42.8% during the 4th quarter, HoldingsChannel reports. The fund owned 13,134 shares of the company’s stock after selling 9,842 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in FS Credit Opportunities were worth $90,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Spire Wealth Management bought a new stake in FS Credit Opportunities during the fourth quarter valued at about $39,000. Truvestments Capital LLC acquired a new stake in shares of FS Credit Opportunities during the 3rd quarter worth about $52,000. PSI Advisors LLC boosted its holdings in shares of FS Credit Opportunities by 118.5% in the 4th quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after acquiring an additional 4,146 shares in the last quarter. Nwam LLC bought a new stake in shares of FS Credit Opportunities during the third quarter worth $66,000. Finally, Park Avenue Securities LLC bought a new stake in FS Credit Opportunities during the 4th quarter worth about $82,000. Institutional investors and hedge funds own 36.37% of the company’s stock.
Insider Buying and Selling at FS Credit Opportunities
In related news, Director Keith Bethel acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was bought at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $139,200. The trade was a 33.33 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.26% of the company’s stock.
FS Credit Opportunities Stock Performance
FS Credit Opportunities Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.0645 dividend. This represents a $0.77 annualized dividend and a dividend yield of 11.11%. The ex-dividend date of this dividend is Friday, February 21st.
FS Credit Opportunities Company 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.
Recommended Stories
- Five stocks we like better than FS Credit Opportunities
- 3 Tickers Leading a Meme Stock Revival
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- How Can Investors Benefit From After-Hours Trading
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- Why Invest in High-Yield Dividend Stocks?
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Want to see what other hedge funds are holding FSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FS Credit Opportunities Corp. (NYSE:FSCO – Free Report).
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.