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

Patriot Financial Group Insurance Agency LLC grew its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 106.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 739,204 shares of the company’s stock after purchasing an additional 380,352 shares during the period. Patriot Financial Group Insurance Agency LLC owned approximately 0.37% of FS Credit Opportunities worth $3,770,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Maridea Wealth Management LLC lifted its stake in FS Credit Opportunities by 2.2% in the 4th quarter. Maridea Wealth Management LLC now owns 74,940 shares of the company’s stock valued at $472,000 after acquiring an additional 1,581 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of FS Credit Opportunities by 4.4% in the third quarter. Moors & Cabot Inc. now owns 40,569 shares of the company’s stock worth $280,000 after purchasing an additional 1,720 shares in the last quarter. Private Advisor Group LLC boosted its holdings in FS Credit Opportunities by 0.7% during the third quarter. Private Advisor Group LLC now owns 247,429 shares of the company’s stock worth $1,710,000 after purchasing an additional 1,829 shares during the last quarter. Certior Financial Group LLC grew its position in FS Credit Opportunities by 0.7% in the fourth quarter. Certior Financial Group LLC now owns 289,753 shares of the company’s stock valued at $1,825,000 after purchasing an additional 1,965 shares in the last quarter. Finally, Centerpoint Advisory Group increased its stake in FS Credit Opportunities by 3.7% in the 4th quarter. Centerpoint Advisory Group now owns 62,079 shares of the company’s stock valued at $391,000 after buying an additional 2,198 shares during the last quarter. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Price Performance

Shares of NYSE:FSCO opened at $4.85 on Monday. The company’s 50-day moving average price is $5.01 and its two-hundred day moving average price is $5.45. FS Credit Opportunities Corp. has a one year low of $4.13 and a one year high of $7.65.

FS Credit Opportunities (NYSE:FSCO) last released 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 company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be given 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 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.