Epiq Partners LLC lessened its stake in FS KKR Capital Corp. (NYSE:FSK – Get Rating) by 0.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 201,072 shares of the company's stock after selling 1,615 shares during the quarter. FS KKR Capital comprises 2.3% of Epiq Partners LLC's holdings, making the stock its 16th largest position. Epiq Partners LLC's holdings in FS KKR Capital were worth $3,519,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the stock. Bickling Financial Services Inc. grew its holdings in FS KKR Capital by 2.5% during the 1st quarter. Bickling Financial Services Inc. now owns 20,117 shares of the company's stock worth $459,000 after acquiring an additional 500 shares in the last quarter. Harvest Investment Services LLC boosted its stake in FS KKR Capital by 0.9% in the 2nd quarter. Harvest Investment Services LLC now owns 60,430 shares of the company's stock worth $1,173,000 after purchasing an additional 529 shares in the last quarter. Kathmere Capital Management LLC boosted its stake in FS KKR Capital by 0.9% in the 2nd quarter. Kathmere Capital Management LLC now owns 60,494 shares of the company's stock worth $1,175,000 after purchasing an additional 563 shares in the last quarter. Integrated Advisors Network LLC boosted its stake in FS KKR Capital by 0.6% in the 2nd quarter. Integrated Advisors Network LLC now owns 93,723 shares of the company's stock worth $1,820,000 after purchasing an additional 568 shares in the last quarter. Finally, Level Four Advisory Services LLC boosted its stake in FS KKR Capital by 4.2% in the 2nd quarter. Level Four Advisory Services LLC now owns 14,911 shares of the company's stock worth $290,000 after purchasing an additional 605 shares in the last quarter. Hedge funds and other institutional investors own 41.43% of the company's stock.
Get FS KKR Capital alerts:FS KKR Capital Stock Performance
FSK traded up $0.08 during trading on Thursday, reaching $18.52. 23,451 shares of the company's stock were exchanged, compared to its average volume of 1,224,872. FS KKR Capital Corp. has a 1 year low of $16.70 and a 1 year high of $23.44. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.11 and a quick ratio of 2.11. The stock has a market capitalization of $5.24 billion, a P/E ratio of 25.63 and a beta of 1.37. The company's fifty day simple moving average is $18.64 and its 200-day simple moving average is $19.63.
FS KKR Capital (NYSE:FSK – Get Rating) last posted its quarterly earnings results on Monday, November 7th. The company reported $0.73 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.73. FS KKR Capital had a net margin of 13.29% and a return on equity of 10.47%. The company had revenue of $411.00 million during the quarter, compared to analyst estimates of $407.90 million. As a group, research analysts predict that FS KKR Capital Corp. will post 2.87 earnings per share for the current fiscal year.FS KKR Capital Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 3rd. Shareholders of record on Wednesday, December 14th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, December 13th. This is a positive change from FS KKR Capital's previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 14.69%. FS KKR Capital's dividend payout ratio (DPR) is currently 338.89%.
Analyst Ratings Changes
A number of analysts recently commented on FSK shares. Royal Bank of Canada lowered their target price on shares of FS KKR Capital from $23.00 to $21.00 and set a "sector perform" rating for the company in a research note on Thursday, November 10th. Wells Fargo & Company lifted their target price on shares of FS KKR Capital from $18.00 to $18.50 and gave the stock an "equal weight" rating in a research note on Wednesday, November 9th. Finally, Hovde Group lowered their target price on shares of FS KKR Capital to $21.00 in a research note on Wednesday, October 5th.
Insiders Place Their Bets
In other news, insider Daniel Pietrzak bought 6,000 shares of the business's stock in a transaction dated Wednesday, November 9th. The stock was purchased at an average cost of $18.76 per share, with a total value of $112,560.00. Following the acquisition, the insider now directly owns 27,500 shares in the company, valued at $515,900. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.20% of the stock is currently owned by insiders.
About FS KKR Capital
(Get Rating)
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.
Featured Articles
- Get a free copy of the StockNews.com research report on FS KKR Capital (FSK)
- Is The Great Alibaba Recovery About To Begin?
- KB Home, Another Reason To Shed Home Building Stocks
- Is Wendy's Stock Uptrend Set To Continue?
- Altria Group Stock, Is Time is Running Out?
- Why Did the JinkoSolar Stock Price Rally 45%?
Want to see what other hedge funds are holding FSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FS KKR Capital Corp. (NYSE:FSK – Get Rating).
Receive News & Ratings for FS KKR Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS KKR Capital and related companies with MarketBeat.com's FREE daily email newsletter.