Stifel Financial Corp Grows Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Stifel Financial Corp boosted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,449 shares of the company’s stock after acquiring an additional 3,038 shares during the quarter. Stifel Financial Corp’s holdings in FS Credit Opportunities were worth $931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of FS Credit Opportunities by 0.8% during the fourth quarter. LPL Financial LLC now owns 2,710,617 shares of the company’s stock worth $18,486,000 after purchasing an additional 22,441 shares during the period. Avantax Advisory Services Inc. lifted its holdings in FS Credit Opportunities by 0.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,944,373 shares of the company’s stock worth $13,261,000 after buying an additional 18,020 shares during the period. Vista Finance LLC lifted its holdings in FS Credit Opportunities by 2.0% in the 4th quarter. Vista Finance LLC now owns 1,711,019 shares of the company’s stock worth $11,669,000 after buying an additional 34,190 shares during the period. Ellis Investment Partners LLC grew its position in shares of FS Credit Opportunities by 1.7% in the 4th quarter. Ellis Investment Partners LLC now owns 812,628 shares of the company’s stock worth $5,542,000 after buying an additional 13,624 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of FS Credit Opportunities by 146.5% during the fourth quarter. Advisors Asset Management Inc. now owns 513,008 shares of the company’s stock valued at $3,499,000 after buying an additional 304,902 shares during the period. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Stock Up 0.3 %

Shares of FSCO stock opened at $7.10 on Friday. The stock has a fifty day moving average of $6.80 and a 200 day moving average of $6.78. FS Credit Opportunities Corp. has a 52 week low of $5.29 and a 52 week high of $7.21.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 23rd were paid a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a dividend yield of 10.90%. The ex-dividend date of this dividend was Wednesday, April 23rd.

Insider Activity at FS Credit Opportunities

In other news, Director Keith Bethel acquired 5,000 shares of the stock in a transaction on Thursday, February 13th. The stock was acquired at an average price of $6.96 per share, with a total value of $34,800.00. Following the completion of the transaction, the director now owns 20,000 shares of the company’s stock, valued at $139,200. This represents a 33.33 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

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.