Simplicity Solutions LLC Has $329,000 Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Simplicity Solutions LLC trimmed its position in FS Credit Opportunities Corp. (NYSE:FSCO) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 58,018 shares of the company’s stock after selling 3,381 shares during the period. Simplicity Solutions LLC’s holdings in FS Credit Opportunities were worth $329,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. lifted its position in shares of FS Credit Opportunities by 54.5% in the second quarter. Sunbelt Securities Inc. now owns 5,616 shares of the company’s stock worth $27,000 after purchasing an additional 1,980 shares in the last quarter. PSI Advisors LLC lifted its position in shares of FS Credit Opportunities by 60.3% in the third quarter. PSI Advisors LLC now owns 6,646 shares of the company’s stock worth $36,000 after purchasing an additional 2,500 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of FS Credit Opportunities by 241.2% in the third quarter. Blue Bell Private Wealth Management LLC now owns 9,478 shares of the company’s stock worth $51,000 after purchasing an additional 6,700 shares in the last quarter. Armstrong Fleming & Moore Inc bought a new position in FS Credit Opportunities during the second quarter valued at approximately $49,000. Finally, Marshall Financial Group LLC bought a new position in FS Credit Opportunities during the third quarter valued at approximately $59,000. 36.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss acquired 11,000 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average price of $5.87 per share, with a total value of $64,570.00. Following the completion of the transaction, the director now owns 21,130 shares in the company, valued at $124,033.10. The acquisition was disclosed in a document filed with the SEC, which is available at this link. In other news, Director Barbara J. Fouss purchased 11,000 shares of the company’s stock in a transaction dated Monday, March 18th. The shares were bought at an average price of $5.87 per share, with a total value of $64,570.00. Following the completion of the transaction, the director now directly owns 21,130 shares in the company, valued at approximately $124,033.10. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Bethel purchased 6,500 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was purchased at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the transaction, the director now owns 11,500 shares of the company’s stock, valued at $66,700. The disclosure for this purchase can be found here. Insiders own 0.26% of the company’s stock.

FS Credit Opportunities Stock Up 0.7 %

Shares of FSCO opened at $5.95 on Friday. The firm’s 50 day moving average price is $5.81 and its 200 day moving average price is $5.70. FS Credit Opportunities Corp. has a twelve month low of $4.14 and a twelve month high of $6.04.

FS Credit Opportunities Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 12.10%. The ex-dividend date is Monday, April 22nd.

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.