Fifth Street Senior Floating Rate Corp. (NASDAQ:OCSI) major shareholder Leonard M. Tannenbaum sold 4,578 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $9.00, for a total transaction of $41,202.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of Fifth Street Senior Floating Rate Corp. (NASDAQ:OCSI) traded down $0.15 during trading on Friday, hitting $8.72. 133,862 shares of the stock were exchanged, compared to its average volume of 68,589. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.57. The stock has a market cap of $258.13 million, a PE ratio of 11.09 and a beta of 0.34.

Fifth Street Senior Floating Rate Corp. (NASDAQ:OCSI) last issued its quarterly earnings data on Wednesday, August 9th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Fifth Street Senior Floating Rate Corp. had a net margin of 29.89% and a return on equity of 7.27%. The firm had revenue of $12.03 million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.72%. The ex-dividend date of this dividend is Thursday, December 14th. Fifth Street Senior Floating Rate Corp.’s payout ratio is currently 161.71%.

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A number of research analysts have commented on the stock. Deutsche Bank AG reissued a “hold” rating and set a $9.25 target price (up previously from $8.50) on shares of Fifth Street Senior Floating Rate Corp. in a research report on Tuesday, July 18th. Zacks Investment Research raised shares of Fifth Street Senior Floating Rate Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 17th. Finally, BidaskClub downgraded shares of Fifth Street Senior Floating Rate Corp. from a “sell” rating to a “strong sell” rating in a research report on Monday, July 17th. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. Fifth Street Senior Floating Rate Corp. presently has an average rating of “Hold” and a consensus price target of $9.50.

Fifth Street Senior Floating Rate Corp. Company Profile

Oaktree Strategic Income Corporation, formerly Fifth Street Senior Floating Rate Corp., is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments while seeking to preserve its capital.

Insider Buying and Selling by Quarter for Fifth Street Senior Floating Rate Corp. (NASDAQ:OCSI)

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