Investment House LLC Purchases 1,500 Shares of FS KKR Capital Corp. (NYSE:FSK)

Investment House LLC boosted its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,643 shares of the company’s stock after acquiring an additional 1,500 shares during the period. Investment House LLC’s holdings in FS KKR Capital were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FSK. McIlrath & Eck LLC lifted its holdings in shares of FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in FS KKR Capital by 194.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock worth $51,000 after acquiring an additional 1,554 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in FS KKR Capital in the fourth quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in shares of FS KKR Capital during the fourth quarter valued at about $69,000. 36.26% of the stock is currently owned by institutional investors and hedge funds.

FS KKR Capital Stock Down 3.6 %

Shares of FSK opened at $20.48 on Thursday. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 10.89 and a beta of 1.22. FS KKR Capital Corp. has a 52 week low of $18.38 and a 52 week high of $24.10. The stock’s 50-day moving average price is $22.64 and its 200-day moving average price is $21.43. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $407.00 million for the quarter, compared to analyst estimates of $419.97 million. On average, sell-side analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 13.67%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital’s payout ratio is currently 122.49%.

Analyst Ratings Changes

FSK has been the topic of several research analyst reports. Royal Bank of Canada boosted their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. upped their target price on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods lifted their price target on FS KKR Capital from $21.00 to $22.00 and gave the stock a “market perform” rating in a research report on Monday, March 3rd. B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a report on Wednesday, December 11th. Finally, Wells Fargo & Company downgraded FS KKR Capital from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $21.00 to $19.00 in a report on Monday. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat, FS KKR Capital has a consensus rating of “Hold” and a consensus target price of $21.30.

FS KKR Capital Profile

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S.