Catalina Capital Group LLC Buys 8,517 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Catalina Capital Group LLC boosted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 14.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,111 shares of the company’s stock after acquiring an additional 8,517 shares during the period. Catalina Capital Group LLC’s holdings in FS Credit Opportunities were worth $420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Coppell Advisory Solutions Corp. bought a new position in FS Credit Opportunities in the first quarter valued at approximately $65,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of FS Credit Opportunities during the 2nd quarter worth $73,000. SYM FINANCIAL Corp bought a new stake in shares of FS Credit Opportunities during the 2nd quarter worth $76,000. Compass Ion Advisors LLC acquired a new stake in FS Credit Opportunities in the third quarter valued at about $81,000. Finally, Capital CS Group LLC bought a new position in FS Credit Opportunities in the second quarter valued at about $85,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Trading Down 0.2 %

FSCO stock opened at $6.58 on Thursday. The company has a 50 day simple moving average of $6.48 and a 200 day simple moving average of $6.34. FS Credit Opportunities Corp. has a 1 year low of $5.47 and a 1 year high of $6.75.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 10.94%. The ex-dividend date of this dividend is Thursday, November 21st.

Insider Buying and Selling at FS Credit Opportunities

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

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.