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Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) CFO Richard A. Petrocelli bought 1,000 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was purchased at an average cost of $12.44 per share, for a total transaction of $12,440.00. Following the completion of the transaction, the chief financial officer now directly owns 2,000 shares of the company’s stock, valued at approximately $24,880. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on FSFR. 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 investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $14.82.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) traded down 0.24% on Tuesday, hitting $12.42. 191,365 shares of the company’s stock traded hands. Fifth Street Senior Floating Rate Corp has a 1-year low of $12.11 and a 1-year high of $15.10. The stock has a 50-day moving average of $13.50 and a 200-day moving average of $14.1.

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 (EPS) for the quarter, meeting the consensus estimate of $0.28. Analysts expect that Fifth Street Senior Floating Rate Corp will post $1.00 EPS for the current fiscal year.

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

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