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Investment analysts at Keefe, Bruyette & Woods assumed coverage on shares of FS Investment (NASDAQ:FSIC) in a note issued to investors on Tuesday. The firm set an “outperform” rating and a $11.75 price target on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 14.63% from the stock’s previous close.

FS Investment (NASDAQ:FSIC) opened at 10.25 on Tuesday. FS Investment has a 1-year low of $9.82 and a 1-year high of $10.75. The stock has a 50-day moving average of $10.31 and a 200-day moving average of $10.3.

The company also recently announced a monthly dividend, which is scheduled for Wednesday, July 2nd. Shareholders of record on Tuesday, June 24th will be paid a dividend of $0.0743 per share. This represents a $0.89 annualized dividend and a dividend yield of 8.69%. The ex-dividend date is Friday, June 20th.

In other FS Investment news, Director Michael Heller acquired 4,784 shares of the company’s stock in a transaction dated Thursday, June 12th. The shares were purchased at an average cost of $10.39 per share, for a total transaction of $49,705.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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