Nomura Holdings Inc. Has $19.61 Million Stake in FS Credit Opportunities Corp. (NYSE:FSCO)

Nomura Holdings Inc. trimmed its holdings in FS Credit Opportunities Corp. (NYSE:FSCO) by 48.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,875,576 shares of the company’s stock after selling 2,733,362 shares during the period. Nomura Holdings Inc. owned 0.84% of FS Credit Opportunities worth $19,611,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new position in FS Credit Opportunities in the fourth quarter valued at approximately $136,000. Focus Partners Wealth increased its stake in FS Credit Opportunities by 6.0% in the fourth quarter. Focus Partners Wealth now owns 77,121 shares of the company’s stock valued at $554,000 after acquiring an additional 4,371 shares during the last quarter. Blackstone Inc. bought a new position in FS Credit Opportunities in the fourth quarter valued at approximately $11,341,000. Mercer Global Advisors Inc. ADV increased its stake in FS Credit Opportunities by 9.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 66,639 shares of the company’s stock valued at $454,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in FS Credit Opportunities by 54.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 83,925 shares of the company’s stock valued at $572,000 after acquiring an additional 29,454 shares during the last quarter. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Price Performance

Shares of NYSE:FSCO opened at $7.03 on Thursday. The company’s 50 day simple moving average is $6.80 and its 200 day simple moving average is $6.79. FS Credit Opportunities Corp. has a 1 year low of $5.29 and a 1 year high of $7.23.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 22nd will be paid a $0.0645 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.77 dividend on an annualized basis and a yield of 11.01%.

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.