FS KKR Capital Corp. (NYSE:FSK) Shares Purchased by Barclays PLC

Barclays PLC boosted its position in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 24.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 327,469 shares of the company's stock after buying an additional 65,054 shares during the period. Barclays PLC owned approximately 0.12% of FS KKR Capital worth $6,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new stake in FS KKR Capital during the second quarter worth about $30,000. Ridgewood Investments LLC purchased a new position in shares of FS KKR Capital during the 2nd quarter valued at approximately $37,000. Rothschild Investment LLC acquired a new position in shares of FS KKR Capital in the 2nd quarter valued at $39,000. Financial Gravity Asset Management Inc. increased its holdings in FS KKR Capital by 198.7% in the second quarter. Financial Gravity Asset Management Inc. now owns 2,136 shares of the company's stock valued at $42,000 after buying an additional 1,421 shares in the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of FS KKR Capital in the second quarter worth about $50,000. Institutional investors and hedge funds own 36.26% of the company's stock.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the acquisition, the insider now owns 49,800 shares of the company's stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 11,500 shares of company stock worth $248,910 in the last quarter. Company insiders own 0.25% of the company's stock.

FS KKR Capital Price Performance

Shares of FSK traded up $0.07 during trading hours on Friday, hitting $21.29. 2,372,633 shares of the stock were exchanged, compared to its average volume of 1,426,106. The stock's 50-day moving average price is $21.10 and its two-hundred day moving average price is $20.31. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 11.32 and a beta of 1.25. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $22.39.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.04. The business had revenue of $441.00 million during the quarter, compared to analysts' expectations of $423.58 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. During the same period in the prior year, the business earned $0.80 earnings per share. Research analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Increases Dividend

The business also recently announced a None dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This is an increase from FS KKR Capital's previous None dividend of $0.64. This represents a dividend yield of 12.7%. FS KKR Capital's dividend payout ratio (DPR) is 136.17%.

Analyst Ratings Changes

Several brokerages recently weighed in on FSK. Royal Bank of Canada lifted their price target on FS KKR Capital from $20.00 to $21.00 and gave the company a "sector perform" rating in a research note on Monday, November 18th. Wells Fargo & Company restated an "equal weight" rating and issued a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. Finally, B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target on the stock. in a research note on Wednesday, December 11th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital presently has an average rating of "Hold" and an average price target of $20.25.

FS KKR Capital Company 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.