Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Stock Price Up 0.2% – Still a Buy?

Pimco Dynamic Income Opportunities Fund (NYSE:PDO)’s share price shot up 0.2% during mid-day trading on Tuesday . The stock traded as high as $14.00 and last traded at $13.95. 401,350 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 623,804 shares. The stock had previously closed at $13.92.

Pimco Dynamic Income Opportunities Fund Stock Up 0.2 %

The firm’s fifty day moving average price is $13.67 and its 200-day moving average price is $13.71.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, February 13th will be given a dividend of $0.1279 per share. This represents a $1.53 annualized dividend and a dividend yield of 11.01%. The ex-dividend date is Thursday, February 13th. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is presently -7,650.00%.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

Several institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Pimco Dynamic Income Opportunities Fund during the 4th quarter worth $4,553,000. SOL Capital Management CO boosted its position in shares of Pimco Dynamic Income Opportunities Fund by 18.3% in the 4th quarter. SOL Capital Management CO now owns 1,473,806 shares of the company’s stock valued at $20,029,000 after purchasing an additional 228,161 shares during the period. Wells Fargo & Company MN increased its stake in Pimco Dynamic Income Opportunities Fund by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,465,764 shares of the company’s stock worth $33,510,000 after purchasing an additional 221,259 shares in the last quarter. Anchor Capital Management Group Inc acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 4th quarter worth about $1,828,000. Finally, Guggenheim Capital LLC boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 17.7% in the fourth quarter. Guggenheim Capital LLC now owns 688,098 shares of the company’s stock worth $9,351,000 after buying an additional 103,246 shares during the period. Institutional investors and hedge funds own 9.43% of the company’s stock.