Castleview Partners LLC Has $2.20 Million Stock Holdings in FS Credit Opportunities Corp. $FSCO

Castleview Partners LLC lifted its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 47.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 431,855 shares of the company’s stock after purchasing an additional 138,677 shares during the period. FS Credit Opportunities accounts for 1.1% of Castleview Partners LLC’s holdings, making the stock its 18th biggest position. Castleview Partners LLC owned about 0.22% of FS Credit Opportunities worth $2,202,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Wagner Wealth Management LLC increased its stake in shares of FS Credit Opportunities by 781.3% during the 1st quarter. Wagner Wealth Management LLC now owns 3,474,655 shares of the company’s stock worth $17,721,000 after purchasing an additional 3,080,389 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in FS Credit Opportunities by 6.9% during the 4th quarter. Sit Investment Associates Inc. now owns 3,247,090 shares of the company’s stock valued at $20,457,000 after purchasing an additional 210,736 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its position in shares of FS Credit Opportunities by 97.2% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,899,781 shares of the company’s stock valued at $11,969,000 after purchasing an additional 936,272 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of FS Credit Opportunities by 4.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,295,650 shares of the company’s stock worth $8,163,000 after buying an additional 60,398 shares during the period. Finally, Matisse Capital acquired a new stake in FS Credit Opportunities during the fourth quarter worth approximately $5,657,000. 36.37% of the stock is currently owned by institutional investors and hedge funds.

FS Credit Opportunities Stock Up 0.7%

FSCO stock traded up $0.04 during trading hours on Friday, hitting $4.88. 595,352 shares of the stock were exchanged, compared to its average volume of 1,542,149. The company has a 50-day simple moving average of $4.97 and a two-hundred day simple moving average of $5.37. FS Credit Opportunities Corp. has a 12 month low of $4.13 and a 12 month high of $7.65.

FS Credit Opportunities (NYSE:FSCO) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $57.34 million during the quarter.

FS Credit Opportunities Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be paid a dividend of $0.0583 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a c) annualized dividend and a yield of 14.3%.

FS Credit Opportunities Profile

FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.