Certior Financial Group LLC Invests $4.50 Million in FS KKR Capital Corp. (NYSE:FSK)

Certior Financial Group LLC purchased a new position in FS KKR Capital Corp. (NYSE:FSK - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 206,995 shares of the company's stock, valued at approximately $4,496,000. FS KKR Capital comprises approximately 3.9% of Certior Financial Group LLC's holdings, making the stock its 6th largest position. Certior Financial Group LLC owned 0.07% of FS KKR Capital at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. McIlrath & Eck LLC grew its position 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 acquiring an additional 675 shares during the period. Jones Financial Companies Lllp raised its holdings in FS KKR Capital by 194.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock valued at $51,000 after buying an additional 1,554 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of FS KKR Capital in the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its position 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 buying an additional 1,520 shares during the period. Finally, Roxbury Financial LLC acquired a new position in shares of FS KKR Capital in the fourth quarter valued at approximately $69,000. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital Price Performance

Shares of FS KKR Capital stock traded up $0.02 during trading on Friday, hitting $18.69. 3,173,888 shares of the company were exchanged, compared to its average volume of 1,480,335. The firm has a 50 day moving average price of $21.76 and a 200 day moving average price of $21.46. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 9.94 and a beta of 0.98. 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 Corp. has a fifty-two week low of $17.42 and a fifty-two week high of $24.10.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted 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 net margin of 29.98% and a return on equity of 12.31%. The company had revenue of $407.00 million for the quarter, compared to analyst estimates of $419.97 million. On average, equities analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.98%. The ex-dividend date was Wednesday, March 19th. FS KKR Capital's dividend payout ratio is presently 122.49%.

Wall Street Analyst Weigh In

FSK has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price target on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a "sector perform" rating in a research note on Monday, March 3rd. Wells Fargo & Company downgraded shares of 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 research note on Monday, March 17th. Keefe, Bruyette & Woods reduced their target price on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a research note on Tuesday. Finally, JPMorgan Chase & Co. upped their price objective on FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $20.70.

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.