Raymond James Financial Inc. Purchases Shares of 458,654 FS Credit Opportunities Corp. (NYSE:FSCO)

Raymond James Financial Inc. purchased a new stake in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 458,654 shares of the company's stock, valued at approximately $3,128,000. Raymond James Financial Inc. owned about 0.13% of FS Credit Opportunities as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Noble Wealth Management PBC bought a new stake in FS Credit Opportunities during the 4th quarter worth approximately $3,255,000. Geneos Wealth Management Inc. bought a new stake in shares of FS Credit Opportunities in the fourth quarter worth $2,252,000. Apollon Wealth Management LLC increased its holdings in FS Credit Opportunities by 781.3% in the fourth quarter. Apollon Wealth Management LLC now owns 224,553 shares of the company's stock valued at $1,531,000 after purchasing an additional 199,072 shares during the period. Grimes & Company Inc. bought a new position in FS Credit Opportunities during the 4th quarter worth $970,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in FS Credit Opportunities by 689.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,900 shares of the company's stock worth $679,000 after purchasing an additional 93,363 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company's stock.

Insider Buying and Selling at FS Credit Opportunities

In other news, Director Keith Bethel bought 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $139,200. This represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.26% of the company's stock.

FS Credit Opportunities Trading Down 0.8 %

Shares of NYSE FSCO traded down $0.06 during trading on Wednesday, reaching $7.04. The company had a trading volume of 709,585 shares, compared to its average volume of 716,679. The company's fifty day moving average price is $6.97 and its 200-day moving average price is $6.76. FS Credit Opportunities Corp. has a 12 month low of $5.66 and a 12 month high of $7.16.

FS Credit Opportunities Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were issued a $0.0645 dividend. This represents a $0.77 annualized dividend and a yield of 10.99%. The ex-dividend date of this dividend was Monday, March 24th.

FS Credit Opportunities Company Profile

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.