Analyst Ratings For FS Investment Corporation (NYSE:FSIC)
Today, FS Investment Corporation (NYSE:FSIC) stock received an upgrade by Wells Fargo & Co from Market Perform to Outperform.
There are 2 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on FS Investment Corporation (NYSE:FSIC) is Buy with a consensus target price of $9.50 per share, a potential 21.02% upside.
Some recent analyst ratings include
- 7/24/2018-Wells Fargo & Co Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
- 5/15/2018-National Securities Reiterated Rating of Buy.
- 1/24/2017-Janney Montgomery Scott initiated coverage with a Neutral rating.
- 9/7/2016-Barclays was Downgraded by analysts at Barclays from a “Overweight ” rating to a ” Equal Weight” rating. They now have a $9.00 price target on the stock, up previously from $10.00 .
- 8/13/2016-DA Davidson Reiterated Rating of Buy.
Recent Insider Trading Activity For FS Investment Corporation (NYSE:FSIC)
FS Investment Corporation (NYSE:FSIC) has insider ownership of 1.07% and institutional ownership of 32.80%.
- On 4/30/2018 Gregory P Chandler, Director, bought 1,328 with an average share price of $7.53 per share and the total transaction amounting to $9,999.84.
- On 4/20/2018 Gregory P Chandler, Director, bought 1,324 with an average share price of $7.53 per share and the total transaction amounting to $9,969.72.
- On 4/2/2018 Michael C Forman, CEO, bought 100 with an average share price of $7.15 per share and the total transaction amounting to $715.00.
- On 3/21/2018 David J Adelman, Director, bought 15,008 with an average share price of $7.05 per share and the total transaction amounting to $105,806.40.
- On 3/21/2018 Michael C Forman, CEO, bought 5,885 with an average share price of $7.05 per share and the total transaction amounting to $41,489.25.
- On 3/15/2018 Brian Gerson, Insider, bought 15,000 with an average share price of $7.30 per share and the total transaction amounting to $109,500.00.
- On 3/8/2018 Pedro A Ramos, Director, bought 660 with an average share price of $7.40 per share and the total transaction amounting to $4,884.00.
About FS Investment Corporation (NYSE:FSIC)
FS Investment Corporation is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.
Recent Trading Activity for FS Investment Corporation (NYSE:FSIC)
Shares of FS Investment Corporation closed the previous trading session at 7,85 −0,050 0,63 % with 7.95 shares trading hands.