Certior Financial Group LLC Acquires Shares of 272,587 FS Credit Opportunities Corp. (NYSE:FSCO)

Certior Financial Group LLC bought a new position in FS Credit Opportunities Corp. (NYSE:FSCO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 272,587 shares of the company’s stock, valued at approximately $1,859,000. FS Credit Opportunities accounts for 1.6% of Certior Financial Group LLC’s holdings, making the stock its 18th largest holding. Certior Financial Group LLC owned approximately 0.08% of FS Credit Opportunities as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FSCO. Wells Fargo & Company MN grew its holdings in FS Credit Opportunities by 894.9% during the 4th quarter. Wells Fargo & Company MN now owns 139,508 shares of the company’s stock valued at $951,000 after purchasing an additional 125,486 shares in the last quarter. Private Portfolio Partners LLC acquired a new stake in shares of FS Credit Opportunities during the fourth quarter valued at about $72,000. Maridea Wealth Management LLC acquired a new stake in shares of FS Credit Opportunities during the fourth quarter valued at about $484,000. Ausdal Financial Partners Inc. increased its position in shares of FS Credit Opportunities by 5.6% during the fourth quarter. Ausdal Financial Partners Inc. now owns 222,489 shares of the company’s stock worth $1,517,000 after acquiring an additional 11,898 shares during the last quarter. Finally, Modern Wealth Management LLC acquired a new position in shares of FS Credit Opportunities in the fourth quarter worth about $1,220,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Stock Performance

Shares of NYSE FSCO opened at $6.10 on Monday. FS Credit Opportunities Corp. has a fifty-two week low of $5.64 and a fifty-two week high of $7.16. The business has a 50 day moving average price of $6.95 and a two-hundred day moving average price of $6.76.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were issued a $0.0645 dividend. The ex-dividend date was Monday, March 24th. This represents a $0.77 annualized dividend and a yield of 12.69%.

Insider Buying and Selling at FS Credit Opportunities

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