FS Investment Co. (NYSE:FSIC) CEO Michael C. Forman acquired 17,100 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average cost of $7.25 per share, with a total value of $123,975.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of FS Investment Co. (FSIC) traded down $0.05 during trading on Friday, reaching $7.25. The company had a trading volume of 1,773,473 shares, compared to its average volume of 1,900,000. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.12 and a current ratio of 2.12. The company has a market capitalization of $1,770.00, a price-to-earnings ratio of 8.15, a P/E/G ratio of 3.13 and a beta of 0.93. FS Investment Co. has a 1 year low of $7.05 and a 1 year high of $10.80.

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

Several analysts recently weighed in on the company. Zacks Investment Research lowered FS Investment from a “hold” rating to a “sell” rating in a report on Thursday. ValuEngine lowered FS Investment from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. TheStreet lowered FS Investment from a “b-” rating to a “c+” rating in a report on Thursday, January 11th. National Securities raised FS Investment from a “neutral” rating to a “buy” rating in a report on Friday, December 15th. Finally, BidaskClub lowered FS Investment from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $9.42.

Several large investors have recently bought and sold shares of FSIC. Strategic Wealth Advisors Group LLC grew its holdings in shares of FS Investment by 673.1% during the third quarter. Strategic Wealth Advisors Group LLC now owns 974,141 shares of the financial services provider’s stock valued at $8,231,000 after purchasing an additional 848,144 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of FS Investment by 970.2% during the fourth quarter. Citadel Advisors LLC now owns 629,118 shares of the financial services provider’s stock valued at $4,624,000 after purchasing an additional 570,335 shares during the last quarter. Oak Point Wealth Management bought a new position in shares of FS Investment during the fourth quarter valued at approximately $2,461,000. Virtu Financial LLC grew its holdings in shares of FS Investment by 2,436.5% during the fourth quarter. Virtu Financial LLC now owns 316,096 shares of the financial services provider’s stock valued at $2,324,000 after purchasing an additional 303,634 shares during the last quarter. Finally, Koch Industries Inc. grew its holdings in shares of FS Investment by 737.1% during the second quarter. Koch Industries Inc. now owns 300,044 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 264,201 shares during the last quarter. 32.19% of the stock is owned by institutional investors.

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FS Investment Company Profile

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.

Insider Buying and Selling by Quarter for FS Investment (NYSE:FSIC)

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