OFS Credit Company, Inc. (NASDAQ:OCCI - Get Free Report) major shareholder Eagle Point Credit Management sold 514 shares of the firm's stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $24.20, for a total transaction of $12,438.80. Following the transaction, the insider now directly owns 33,361 shares in the company, valued at $807,336.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Eagle Point Credit Management also recently made the following trade(s):
- On Monday, July 1st, Eagle Point Credit Management sold 104 shares of OFS Credit stock. The stock was sold at an average price of $23.31, for a total value of $2,424.24.
- On Monday, June 24th, Eagle Point Credit Management sold 27 shares of OFS Credit stock. The shares were sold at an average price of $24.23, for a total value of $654.21.
- On Thursday, June 20th, Eagle Point Credit Management sold 11 shares of OFS Credit stock. The stock was sold at an average price of $24.24, for a total value of $266.64.
- On Monday, June 17th, Eagle Point Credit Management sold 125 shares of OFS Credit stock. The shares were sold at an average price of $24.22, for a total value of $3,027.50.
- On Friday, June 14th, Eagle Point Credit Management sold 563 shares of OFS Credit stock. The stock was sold at an average price of $23.69, for a total transaction of $13,337.47.
- On Monday, June 3rd, Eagle Point Credit Management sold 302 shares of OFS Credit stock. The stock was sold at an average price of $24.26, for a total transaction of $7,326.52.
- On Thursday, May 30th, Eagle Point Credit Management sold 5 shares of OFS Credit stock. The shares were sold at an average price of $23.35, for a total value of $116.75.
- On Friday, May 24th, Eagle Point Credit Management sold 2 shares of OFS Credit stock. The shares were sold at an average price of $24.22, for a total value of $48.44.
- On Friday, May 17th, Eagle Point Credit Management sold 25 shares of OFS Credit stock. The shares were sold at an average price of $24.20, for a total transaction of $605.00.
- On Wednesday, May 15th, Eagle Point Credit Management sold 5,124 shares of OFS Credit stock. The shares were sold at an average price of $24.16, for a total value of $123,795.84.
OFS Credit Stock Performance
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OCCI stock opened at $7.18 on Wednesday. The company has a market capitalization of $113.09 million, a P/E ratio of 12.38 and a beta of 1.33. OFS Credit Company, Inc. has a 52-week low of $5.47 and a 52-week high of $8.60. The company has a fifty day moving average price of $7.36 and a 200-day moving average price of $7.08.
OFS Credit Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 19th will be paid a $0.105 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 17.55%. The ex-dividend date is Friday, July 19th. OFS Credit's dividend payout ratio is currently 234.49%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in OCCI. B. Riley Wealth Advisors Inc. lifted its stake in shares of OFS Credit by 15.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 22,386 shares of the company's stock valued at $171,000 after purchasing an additional 3,053 shares during the period. International Assets Investment Management LLC increased its holdings in shares of OFS Credit by 596.9% during the fourth quarter. International Assets Investment Management LLC now owns 136,047 shares of the company's stock valued at $879,000 after acquiring an additional 116,525 shares in the last quarter. Graypoint LLC grew its position in OFS Credit by 5.1% in the 4th quarter. Graypoint LLC now owns 112,776 shares of the company's stock valued at $729,000 after purchasing an additional 5,516 shares during the period. Arlington Capital Management Inc. bought a new stake in OFS Credit during the 4th quarter valued at $264,000. Finally, Principal Securities Inc. bought a new stake in OFS Credit during the 4th quarter worth approximately $992,000. Institutional investors own 23.77% of the company's stock.
OFS Credit Company Profile
(
Get Free Report)
OFS Credit Company, Inc is a fund of OFS Advisor.
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