Virtus ETF Advisers LLC grew its holdings in OFS Credit Company, Inc. (NASDAQ:OCCI - Free Report) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 318,110 shares of the company's stock after acquiring an additional 39,531 shares during the period. OFS Credit accounts for 0.9% of Virtus ETF Advisers LLC's portfolio, making the stock its largest holding. Virtus ETF Advisers LLC owned 2.02% of OFS Credit worth $2,262,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of OCCI. Nicolet Advisory Services LLC purchased a new stake in shares of OFS Credit in the 4th quarter worth $105,000. LPL Financial LLC increased its position in OFS Credit by 1.4% in the fourth quarter. LPL Financial LLC now owns 106,421 shares of the company's stock worth $757,000 after buying an additional 1,445 shares in the last quarter. Graypoint LLC raised its stake in shares of OFS Credit by 25.9% in the fourth quarter. Graypoint LLC now owns 164,826 shares of the company's stock worth $1,172,000 after buying an additional 33,857 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of OFS Credit during the 3rd quarter valued at about $134,000. Hedge funds and other institutional investors own 23.77% of the company's stock.
OFS Credit Trading Up 0.6 %
OFS Credit stock traded up $0.04 during midday trading on Thursday, hitting $6.71. The stock had a trading volume of 123,333 shares, compared to its average volume of 276,969. OFS Credit Company, Inc. has a 52-week low of $5.26 and a 52-week high of $7.81. The company has a market capitalization of $105.68 million, a PE ratio of 7.46 and a beta of 1.01. The firm's fifty day moving average is $6.62 and its two-hundred day moving average is $6.98.
OFS Credit (NASDAQ:OCCI - Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The firm had revenue of $10.06 million during the quarter, compared to analysts' expectations of $9.59 million. As a group, equities research analysts predict that OFS Credit Company, Inc. will post 0.89 earnings per share for the current fiscal year.
OFS Credit Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th will be given a $0.115 dividend. The ex-dividend date is Tuesday, May 20th. OFS Credit's payout ratio is 215.87%.
About OFS Credit
(
Free Report)
OFS Credit Company, Inc is a fund of OFS Advisor.
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