Raymond James & Associates Buys 18,519 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Raymond James & Associates raised its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 6.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 288,932 shares of the company’s stock after acquiring an additional 18,519 shares during the period. Raymond James & Associates owned approximately 0.15% of FS Credit Opportunities worth $1,638,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sunbelt Securities Inc. lifted its stake in 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 acquiring an additional 1,980 shares during the period. PSI Advisors LLC lifted its stake in 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 acquiring an additional 2,500 shares during the period. Armstrong Fleming & Moore Inc bought a new position in FS Credit Opportunities during the 2nd quarter valued at about $49,000. Blue Bell Private Wealth Management LLC lifted its stake in FS Credit Opportunities by 241.2% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock valued at $51,000 after acquiring an additional 6,700 shares during the period. Finally, Coppell Advisory Solutions LLC bought a new position in FS Credit Opportunities during the 2nd quarter valued at about $55,000. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

FSCO opened at $5.91 on Friday. The company’s 50-day simple moving average is $5.81 and its two-hundred day simple moving average is $5.70. FS Credit Opportunities Corp. has a 52-week low of $4.14 and a 52-week high of $6.04.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 12.19%. The ex-dividend date of this dividend is Monday, April 22nd.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 11,000 shares of the stock in a transaction dated Monday, March 18th. The shares were purchased at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the purchase, the director now directly owns 21,130 shares of the company’s stock, valued at $124,033.10. The acquisition was disclosed in a filing with the SEC, which is available at this link. In other news, Director Barbara J. Fouss bought 11,000 shares of FS Credit Opportunities stock in a transaction that occurred on Monday, March 18th. The stock was bought at an average cost of $5.87 per share, with a total value of $64,570.00. Following the acquisition, the director now owns 21,130 shares of the company’s stock, valued at approximately $124,033.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Keith Bethel bought 6,500 shares of FS Credit Opportunities stock in a transaction that occurred on Wednesday, March 13th. The stock was purchased at an average cost of $5.80 per share, with a total value of $37,700.00. Following the completion of the acquisition, the director now directly owns 11,500 shares in the company, valued at approximately $66,700. The disclosure for this purchase can be found here. Company insiders own 0.26% of the company’s stock.

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.