Capital CS Group LLC Boosts Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Capital CS Group LLC increased its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 33.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,773 shares of the company’s stock after acquiring an additional 4,488 shares during the period. Capital CS Group LLC’s holdings in FS Credit Opportunities were worth $113,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FSCO. Kovack Advisors Inc. raised its holdings in shares of FS Credit Opportunities by 7.3% in the 1st quarter. Kovack Advisors Inc. now owns 26,500 shares of the company’s stock worth $157,000 after purchasing an additional 1,800 shares during the period. Inscription Capital LLC lifted its position in FS Credit Opportunities by 0.8% during the first quarter. Inscription Capital LLC now owns 239,245 shares of the company’s stock valued at $1,419,000 after buying an additional 1,955 shares in the last quarter. WR Wealth Planners LLC grew its stake in FS Credit Opportunities by 14.2% during the second quarter. WR Wealth Planners LLC now owns 15,740 shares of the company’s stock worth $100,000 after buying an additional 1,955 shares during the period. Levy Wealth Management Group LLC increased its position in shares of FS Credit Opportunities by 3.0% in the second quarter. Levy Wealth Management Group LLC now owns 92,036 shares of the company’s stock worth $586,000 after acquiring an additional 2,688 shares in the last quarter. Finally, Creative Planning raised its stake in shares of FS Credit Opportunities by 2.5% in the 2nd quarter. Creative Planning now owns 117,475 shares of the company’s stock valued at $748,000 after acquiring an additional 2,816 shares during the period. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Up 2.5 %

FS Credit Opportunities stock traded up $0.16 during trading on Friday, reaching $6.62. 3,497,254 shares of the company’s stock were exchanged, compared to its average volume of 676,137. The company’s 50-day moving average is $6.29 and its two-hundred day moving average is $6.21. FS Credit Opportunities Corp. has a 52-week low of $5.23 and a 52-week high of $6.75.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were issued a dividend of $0.06 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.72 annualized dividend and a dividend yield of 10.88%.

Insiders Place Their Bets

In other news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the transaction, the chief executive officer now directly owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total value of $628,474.60. Following the transaction, the chief executive officer now owns 13,437 shares in the company, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael C. Forman sold 218,961 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the transaction, the chief executive officer now owns 116,297 shares of the company’s stock, valued at approximately $715,226.55. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

About FS Credit Opportunities

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.