First National Trust Co Acquires 139,462 Shares of FS KKR Capital Corp. (NYSE:FSK)

First National Trust Co increased its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 144.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 236,098 shares of the company's stock after buying an additional 139,462 shares during the period. First National Trust Co owned 0.08% of FS KKR Capital worth $5,128,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FSK. McIlrath & Eck LLC lifted its position in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock worth $41,000 after buying an additional 675 shares in the last quarter. Jones Financial Companies Lllp lifted its position in FS KKR Capital by 194.5% during the 4th 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 acquired a new position in FS KKR Capital during the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in FS KKR Capital by 122.6% during the 4th 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 acquired a new position in FS KKR Capital during the 4th quarter valued at about $69,000. Institutional investors and hedge funds own 36.26% of the company's stock.

FS KKR Capital Trading Down 0.3 %

Shares of NYSE:FSK traded down $0.06 during mid-day trading on Tuesday, reaching $21.24. The stock had a trading volume of 3,385,379 shares, compared to its average volume of 1,329,542. The firm has a market cap of $5.95 billion, a PE ratio of 11.30 and a beta of 1.22. The firm has a 50 day simple moving average of $22.67 and a two-hundred day simple moving average of $21.43. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a twelve month low of $18.33 and a twelve month high of $24.10.

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

FS KKR Capital Announces Dividend

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

Analysts Set New Price Targets

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

About FS KKR Capital

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.