FS Credit Opportunities Corp. (NYSE:FSCO) Shares Purchased by Ellis Investment Partners LLC

Ellis Investment Partners LLC grew its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 812,628 shares of the company’s stock after purchasing an additional 13,624 shares during the quarter. FS Credit Opportunities makes up about 1.1% of Ellis Investment Partners LLC’s portfolio, making the stock its 20th biggest holding. Ellis Investment Partners LLC’s holdings in FS Credit Opportunities were worth $5,542,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in FS Credit Opportunities during the 4th quarter worth $39,000. PSI Advisors LLC boosted its stake in FS Credit Opportunities by 118.5% during the 4th quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares during the last quarter. Truvestments Capital LLC acquired a new stake in FS Credit Opportunities during the 3rd quarter worth $52,000. Nwam LLC acquired a new stake in FS Credit Opportunities during the 3rd quarter worth $66,000. Finally, Park Avenue Securities LLC acquired a new stake in FS Credit Opportunities during the 4th quarter worth $82,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

Insider Transactions at FS Credit Opportunities

In related news, Director Keith Bethel purchased 5,000 shares of FS Credit Opportunities stock in a transaction dated Thursday, February 13th. The shares were acquired 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 in the company, valued at approximately $139,200. The trade was a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Down 0.1 %

Shares of FSCO opened at $6.95 on Friday. FS Credit Opportunities Corp. has a 52-week low of $5.61 and a 52-week high of $7.12. The firm’s fifty day moving average is $6.83 and its two-hundred day moving average is $6.58.

FS Credit Opportunities Dividend Announcement

The business 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 dividend of $0.0645 per share. The ex-dividend date is Friday, February 21st. This represents a $0.77 annualized dividend and a dividend yield of 11.14%.

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.