Free Trial

Invesco Ltd. Acquires Shares of 199,809 FS Credit Opportunities Corp. (NYSE:FSCO)

FS Credit Opportunities logo with Financial Services background

Invesco Ltd. bought a new stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 199,809 shares of the company's stock, valued at approximately $1,363,000. Invesco Ltd. owned about 0.06% of FS Credit Opportunities at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FSCO. Jane Street Group LLC lifted its holdings in shares of FS Credit Opportunities by 71.1% during the 3rd quarter. Jane Street Group LLC now owns 24,309 shares of the company's stock valued at $154,000 after buying an additional 10,103 shares during the period. Park Avenue Securities LLC bought a new position in FS Credit Opportunities in the fourth quarter valued at about $82,000. PFG Investments LLC boosted its holdings in shares of FS Credit Opportunities by 92.0% in the fourth quarter. PFG Investments LLC now owns 163,974 shares of the company's stock worth $1,118,000 after buying an additional 78,570 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of FS Credit Opportunities by 689.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company's stock worth $679,000 after acquiring an additional 93,363 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in FS Credit Opportunities by 87.4% during the fourth quarter. Sanctuary Advisors LLC now owns 154,687 shares of the company's stock valued at $1,063,000 after purchasing an additional 72,144 shares during the period. Institutional investors own 36.37% of the company's stock.

FS Credit Opportunities Price Performance

NYSE:FSCO traded down $0.07 during trading hours on Tuesday, hitting $6.93. 615,426 shares of the stock traded hands, compared to its average volume of 787,713. FS Credit Opportunities Corp. has a 1 year low of $5.29 and a 1 year high of $7.16. The stock has a 50 day moving average price of $6.80 and a 200 day moving average price of $6.77.

FS Credit Opportunities Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd were paid a $0.0645 dividend. The ex-dividend date was Wednesday, April 23rd. This represents a $0.77 dividend on an annualized basis and a yield of 11.17%.

Insider Transactions at FS Credit Opportunities

In other news, Director Keith Bethel bought 5,000 shares of FS Credit Opportunities stock in a transaction dated Thursday, February 13th. The shares were purchased at an average cost of $6.96 per share, with a total value of $34,800.00. Following the completion of the acquisition, the director now owns 20,000 shares of the company's stock, valued at $139,200. This trade represents a 33.33 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.26% of the company's stock.

About FS Credit Opportunities

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for FS Credit Opportunities (NYSE:FSCO)

Should You Invest $1,000 in FS Credit Opportunities Right Now?

Before you consider FS Credit Opportunities, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS Credit Opportunities wasn't on the list.

While FS Credit Opportunities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines