OFS Credit Company, Inc. (NASDAQ:OCCI) Shares Sold by Lindbrook Capital LLC

Lindbrook Capital LLC lessened its stake in OFS Credit Company, Inc. (NASDAQ:OCCI) by 42.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,404 shares of the company’s stock after selling 3,210 shares during the period. Lindbrook Capital LLC’s holdings in OFS Credit were worth $28,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. boosted its stake in OFS Credit by 15.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 22,386 shares of the company’s stock valued at $171,000 after acquiring an additional 3,053 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in shares of OFS Credit by 15.5% in the third quarter. Atomi Financial Group Inc. now owns 36,984 shares of the company’s stock valued at $262,000 after buying an additional 4,965 shares during the last quarter. Graypoint LLC purchased a new stake in shares of OFS Credit in the third quarter valued at about $760,000. International Assets Investment Management LLC raised its holdings in shares of OFS Credit by 596.9% in the fourth quarter. International Assets Investment Management LLC now owns 136,047 shares of the company’s stock valued at $879,000 after buying an additional 116,525 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. raised its holdings in shares of OFS Credit by 83.6% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 881,224 shares of the company’s stock valued at $6,248,000 after buying an additional 401,164 shares during the last quarter. Institutional investors and hedge funds own 23.77% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Eagle Point Credit Management sold 42,531 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $22.63, for a total transaction of $962,476.53. Following the completion of the transaction, the insider now directly owns 52,266 shares of the company’s stock, valued at $1,182,779.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 70,093 shares of company stock valued at $1,590,210 over the last ninety days. Corporate insiders own 9.43% of the company’s stock.

OFS Credit Stock Up 0.6 %

Shares of NASDAQ:OCCI opened at $7.03 on Friday. The company has a 50-day simple moving average of $7.03 and a 200-day simple moving average of $6.75. OFS Credit Company, Inc. has a one year low of $5.47 and a one year high of $10.15.

OFS Credit (NASDAQ:OCCI) last announced its earnings results on Friday, March 8th. The company reported $0.45 EPS for the quarter. The business had revenue of $8.44 million during the quarter. Sell-side analysts predict that OFS Credit Company, Inc. will post 1.14 earnings per share for the current fiscal year.

OFS Credit Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 19th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $1.20 annualized dividend and a yield of 17.07%. OFS Credit’s dividend payout ratio is currently -240.00%.

OFS Credit Profile

OFS Credit Company, Inc is a fund of OFS Advisor.