CFO4Life Group LLC Has $423,000 Stock Position in FS KKR Capital Corp. (NYSE:FSK)

CFO4Life Group LLC reduced its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 40.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,453 shares of the company's stock after selling 13,391 shares during the quarter. CFO4Life Group LLC's holdings in FS KKR Capital were worth $423,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC boosted its position in shares of FS KKR Capital by 86.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company's stock worth $4,878,000 after purchasing an additional 104,016 shares during the last quarter. Inspire Advisors LLC lifted its stake in FS KKR Capital by 28.6% in the fourth quarter. Inspire Advisors LLC now owns 109,919 shares of the company's stock valued at $2,387,000 after buying an additional 24,443 shares during the period. Proactive Wealth Strategies LLC boosted its holdings in FS KKR Capital by 24.8% during the fourth quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company's stock worth $1,411,000 after buying an additional 12,926 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of FS KKR Capital by 18.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company's stock worth $5,023,000 after buying an additional 39,086 shares during the period. Finally, Graypoint LLC increased its stake in shares of FS KKR Capital by 23.1% in the 4th quarter. Graypoint LLC now owns 139,504 shares of the company's stock valued at $3,030,000 after acquiring an additional 26,174 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

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

FS KKR Capital Stock Down 1.0 %

FSK stock traded down $0.22 during trading hours on Monday, reaching $21.23. 3,334,415 shares of the stock were exchanged, compared to its average volume of 1,308,093. The firm's 50-day moving average is $22.68 and its 200-day moving average is $21.43. FS KKR Capital Corp. has a 12 month low of $18.33 and a 12 month high of $24.10. The company has a market cap of $5.94 billion, a price-to-earnings ratio of 11.29 and a beta of 1.22. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The firm had revenue of $407.00 million for the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. On average, equities research analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.19%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital's dividend payout ratio is presently 122.49%.

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.