FS Investment (NYSE:FSIC) was upgraded by analysts at National Securities from a “neutral” rating to a “buy” rating in a research report issued on Friday, The Fly reports.

Other research analysts have also recently issued reports about the company. Zacks Investment Research cut FS Investment from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. BidaskClub upgraded FS Investment from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 3rd. Keefe, Bruyette & Woods set a $9.00 price target on FS Investment and gave the company a “hold” rating in a research report on Thursday, October 5th. Finally, ValuEngine cut FS Investment from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $9.56.

Shares of FS Investment (NYSE:FSIC) opened at $7.80 on Friday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $1,916.66, a PE ratio of 9.18, a P/E/G ratio of 3.25 and a beta of 0.95. FS Investment has a twelve month low of $7.65 and a twelve month high of $10.80.

FS Investment (NYSE:FSIC) last announced its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The company had revenue of $103.69 million during the quarter, compared to analysts’ expectations of $97.03 million. FS Investment had a return on equity of 8.97% and a net margin of 52.49%. analysts expect that FS Investment will post 0.8 EPS for the current fiscal year.

In other FS Investment news, Director Michael J. Hagan acquired 30,000 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was acquired at an average cost of $7.84 per share, for a total transaction of $235,200.00. Following the completion of the transaction, the director now directly owns 70,000 shares of the company’s stock, valued at $548,800. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the company. Tealwood Asset Management Inc. purchased a new stake in shares of FS Investment in the third quarter valued at approximately $100,000. Koch Industries Inc. acquired a new stake in shares of FS Investment in the fourth quarter worth approximately $109,000. Paragon Capital Management Ltd boosted its stake in shares of FS Investment by 8.0% in the third quarter. Paragon Capital Management Ltd now owns 11,027 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 818 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of FS Investment in the first quarter worth approximately $110,000. Finally, BDO Wealth Advisors LLC acquired a new stake in shares of FS Investment in the second quarter worth approximately $103,000. Institutional investors and hedge funds own 32.46% of the company’s stock.

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About FS Investment

FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies.

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