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Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) CEO Leonard M. Tannenbaum purchased 225,437 shares of Fifth Street Senior Floating Rate Corp stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of $12.76 per share, for a total transaction of $2,876,576.12. Following the purchase, the chief executive officer now directly owns 602,689 shares in the company, valued at approximately $7,690,312. The transaction was disclosed in a filing with the SEC, which is available at this link.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) traded up 0.04% on Thursday, hitting $12.395. The stock had a trading volume of 65,916 shares. Fifth Street Senior Floating Rate Corp has a 52-week low of $12.11 and a 52-week high of $15.10. The stock has a 50-day moving average of $13.63 and a 200-day moving average of $14.13.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.28 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.28. Analysts expect that Fifth Street Senior Floating Rate Corp will post $1.00 EPS for the current fiscal year.

FSFR has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Fifth Street Senior Floating Rate Corp in a research note on Friday, August 15th. They now have a $14.00 price target on the stock, down previously from $16.50. Separately, analysts at MLV & Co
cut their price target on shares of Fifth Street Senior Floating Rate Corp from $16.00 to $13.00 in a research note on Friday, August 15th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of Fifth Street Senior Floating Rate Corp from an “outperform” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $15.60 price target on the stock. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $14.82.

Fifth Street Senior Floating Rate Corp. is a closed-end, non-diversified management investment company.

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