Patriot Financial Group Insurance Agency LLC Has $3.77 Million Stock Holdings in FS Credit Opportunities Corp. $FSCO

Patriot Financial Group Insurance Agency LLC boosted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 106.0% in the first quarter, HoldingsChannel reports. The firm owned 739,204 shares of the company’s stock after purchasing an additional 380,352 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in FS Credit Opportunities were worth $3,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thomas J. Herzfeld Advisors Inc. raised its position in shares of FS Credit Opportunities by 97.2% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,899,781 shares of the company’s stock valued at $11,969,000 after purchasing an additional 936,272 shares during the period. Matisse Capital bought a new stake in shares of FS Credit Opportunities during the 4th quarter worth about $5,657,000. &PARTNERS grew its stake in FS Credit Opportunities by 3,103.3% in the 4th quarter. &PARTNERS now owns 516,757 shares of the company’s stock valued at $3,256,000 after buying an additional 500,625 shares during the last quarter. Jane Street Group LLC grew its stake in FS Credit Opportunities by 280.4% in the 4th quarter. Jane Street Group LLC now owns 533,004 shares of the company’s stock valued at $3,358,000 after buying an additional 392,870 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in FS Credit Opportunities by 229.0% in the 4th quarter. Stifel Financial Corp now owns 555,106 shares of the company’s stock valued at $3,497,000 after acquiring an additional 386,387 shares during the period. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $4.85 on Monday. The firm has a 50 day moving average price of $5.01 and a two-hundred day moving average price of $5.45. FS Credit Opportunities Corp. has a 12-month low of $4.13 and a 12-month high of $7.65.

FS Credit Opportunities (NYSE:FSCO) last issued its quarterly earnings data on Monday, March 2nd. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $57.34 million for the quarter.

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be issued a dividend of $0.0583 per share. This represents a c) annualized dividend and a yield of 14.4%. The ex-dividend date of this dividend is Tuesday, June 23rd.

FS Credit Opportunities Company Profile

FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.