Perryman Financial Advisory Inc. AD Invests $1.14 Million in FS Credit Opportunities Corp. $FSCO

Perryman Financial Advisory Inc. AD bought a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 180,485 shares of the company’s stock, valued at approximately $1,137,000. Perryman Financial Advisory Inc. AD owned about 0.09% of FS Credit Opportunities at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FSCO. Advocate Investing Services LLC bought a new stake in shares of FS Credit Opportunities during the fourth quarter worth $43,000. Jessup Wealth Management Inc bought a new stake in shares of FS Credit Opportunities during the fourth quarter worth $50,000. Larson Financial Group LLC lifted its position in shares of FS Credit Opportunities by 73.1% during the fourth quarter. Larson Financial Group LLC now owns 8,172 shares of the company’s stock worth $51,000 after purchasing an additional 3,450 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of FS Credit Opportunities by 50.6% during the fourth quarter. Farther Finance Advisors LLC now owns 9,579 shares of the company’s stock valued at $60,000 after buying an additional 3,219 shares during the period. Finally, Madrid Wealth Management LLC purchased a new position in shares of FS Credit Opportunities during the fourth quarter valued at $65,000. 36.37% of the stock is currently owned by institutional investors.

FS Credit Opportunities Stock Performance

Shares of FS Credit Opportunities stock opened at $4.85 on Monday. FS Credit Opportunities Corp. has a 12 month low of $4.13 and a 12 month high of $7.65. The stock’s fifty day moving average price is $5.05 and its 200-day moving average price is $5.55.

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

FS Credit Opportunities Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.0583 per share. The ex-dividend date is Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 14.4%.

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.