Perryman Financial Advisory Inc. AD Buys Shares of 180,485 FS Credit Opportunities Corp. $FSCO

Perryman Financial Advisory Inc. AD bought a new stake in FS Credit Opportunities Corp. (NYSE:FSCO) during the 4th quarter, Holdings Channel.com reports. The fund bought 180,485 shares of the company’s stock, valued at approximately $1,137,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advocate Investing Services LLC purchased a new position in FS Credit Opportunities in the fourth quarter valued at about $43,000. Jessup Wealth Management Inc purchased a new position in FS Credit Opportunities in the fourth quarter valued at about $50,000. Larson Financial Group LLC grew its stake in FS Credit Opportunities by 73.1% in the fourth quarter. Larson Financial Group LLC now owns 8,172 shares of the company’s stock valued at $51,000 after purchasing an additional 3,450 shares during the last quarter. Farther Finance Advisors LLC grew its stake in FS Credit Opportunities by 50.6% in the fourth quarter. Farther Finance Advisors LLC now owns 9,579 shares of the company’s stock valued at $60,000 after purchasing an additional 3,219 shares during the last quarter. Finally, Madrid Wealth Management LLC purchased a new position in FS Credit Opportunities in the fourth quarter valued at about $65,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Trading Up 0.7%

FSCO opened at $4.85 on Monday. The business’s 50-day moving average is $5.05 and its two-hundred day moving average is $5.55. FS Credit Opportunities Corp. has a 1 year low of $4.13 and a 1 year high of $7.65.

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

FS Credit Opportunities Announces Dividend

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

About FS Credit Opportunities

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.