Farther Finance Advisors LLC Sells 16,197 Shares of FS KKR Capital Corp. (NYSE:FSK)

Farther Finance Advisors LLC lowered its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 48.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,998 shares of the company's stock after selling 16,197 shares during the quarter. Farther Finance Advisors LLC's holdings in FS KKR Capital were worth $369,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. McIlrath & Eck LLC lifted its holdings in FS KKR Capital by 47.5% during the third 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 lifted its holdings in shares of 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 buying an additional 1,554 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of FS KKR Capital in the fourth quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of FS KKR Capital by 122.6% in 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 in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in shares of FS KKR Capital in the fourth quarter worth about $69,000. 36.26% of the stock is owned by hedge funds and other institutional investors.

FS KKR Capital Trading Up 1.1 %

Shares of FS KKR Capital stock traded up $0.22 on Friday, hitting $20.69. The stock had a trading volume of 6,615,071 shares, compared to its average volume of 1,718,802. 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 one year low of $18.53 and a one year high of $24.10. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 11.01 and a beta of 1.22. The stock's 50-day simple moving average is $22.62 and its two-hundred day simple moving average is $21.43.

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FS KKR Capital (NYSE:FSK - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). The company had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. As a group, 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 13.53%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital's dividend payout ratio is currently 122.49%.

Wall Street Analysts Forecast Growth

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