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

Lindbrook Capital LLC trimmed its position in OFS Credit Company, Inc. (NASDAQ:OCCI) by 33.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the company’s stock after selling 3,000 shares during the period. Lindbrook Capital LLC’s holdings in OFS Credit were worth $43,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Graypoint LLC raised its holdings in shares of OFS Credit by 25.9% in the fourth quarter. Graypoint LLC now owns 164,826 shares of the company’s stock worth $1,172,000 after buying an additional 33,857 shares during the last quarter. Institutional investors own 23.77% of the company’s stock.

OFS Credit Trading Up 0.3 %

NASDAQ OCCI opened at $7.09 on Friday. The company has a fifty day simple moving average of $7.12 and a two-hundred day simple moving average of $7.24. The stock has a market cap of $111.66 million, a P/E ratio of 7.88 and a beta of 1.33. OFS Credit Company, Inc. has a 12-month low of $6.52 and a 12-month high of $7.81.

OFS Credit (NASDAQ:OCCI) last posted its quarterly earnings results on Friday, March 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $10.06 million during the quarter, compared to analysts’ expectations of $9.59 million. As a group, sell-side analysts forecast that OFS Credit Company, Inc. will post 0.89 earnings per share for the current year.

OFS Credit Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be issued a $0.115 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 19.46%. OFS Credit’s dividend payout ratio is currently 147.78%.

OFS Credit Profile

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