Nomura Holdings Inc. Has $19.61 Million Stock Position in FS Credit Opportunities Corp. (NYSE:FSCO)

Nomura Holdings Inc. lowered its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 48.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,875,576 shares of the company’s stock after selling 2,733,362 shares during the period. Nomura Holdings Inc.’s holdings in FS Credit Opportunities were worth $19,611,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Spire Wealth Management acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth $39,000. US Bancorp DE acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth $49,000. PSI Advisors LLC lifted its holdings in shares of FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares during the period. Private Portfolio Partners LLC bought a new position in FS Credit Opportunities during the fourth quarter worth $72,000. Finally, Bravias Capital Group LLC bought a new position in FS Credit Opportunities during the fourth quarter worth $73,000. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO opened at $7.03 on Thursday. FS Credit Opportunities Corp. has a twelve month low of $5.29 and a twelve month high of $7.23. The firm has a fifty day simple moving average of $6.80 and a 200 day simple moving average of $6.79.

FS Credit Opportunities Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 22nd will be paid a dividend of $0.0645 per share. This represents a $0.77 dividend on an annualized basis and a yield of 11.01%. The ex-dividend date of this dividend is Thursday, May 22nd.

About FS Credit Opportunities

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.