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Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) CFO Richard A. Petrocelli acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 25th. The shares were purchased at an average cost of $12.44 per share, with a total value of $12,440.00. Following the completion of the purchase, the chief financial officer now directly owns 2,000 shares of the company’s stock, valued at approximately $24,880. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) traded up 0.57% on Monday, hitting $12.45. The stock had a trading volume of 717,289 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’s 50-day moving average is $13.53 and its 200-day moving average is $14.10.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) last announced its earnings results 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.

A number of analysts have recently weighed in on FSFR shares. 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 equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $14.82.

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

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