Frederick Financial Consultants LLC Purchases Shares of 15,764 FS KKR Capital Corp. (NYSE:FSK)

Frederick Financial Consultants LLC purchased a new stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,764 shares of the company's stock, valued at approximately $342,000.

Several other hedge funds also recently modified their holdings of the stock. Kendall Capital Management increased its holdings in FS KKR Capital by 2.3% during the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company's stock worth $497,000 after acquiring an additional 517 shares during the period. Endowment Wealth Management Inc. boosted its stake in FS KKR Capital by 0.6% in the fourth quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company's stock worth $1,977,000 after buying an additional 582 shares in the last quarter. Lloyd Advisory Services LLC. raised its stake in shares of FS KKR Capital by 6.7% during the fourth quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company's stock worth $232,000 after acquiring an additional 667 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in shares of FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock worth $41,000 after acquiring an additional 675 shares during the last quarter. Finally, Wagner Wealth Management LLC grew its holdings in shares of FS KKR Capital by 6.4% during the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock valued at $245,000 after purchasing an additional 679 shares during the last quarter. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Trading Up 1.8 %

Shares of FS KKR Capital stock traded up $0.34 during trading on Wednesday, hitting $19.75. The stock had a trading volume of 880,807 shares, compared to its average volume of 1,486,192. FS KKR Capital Corp. has a 12 month low of $17.42 and a 12 month high of $24.10. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. The firm's fifty day simple moving average is $21.21 and its 200-day simple moving average is $21.43. The stock has a market cap of $5.53 billion, a PE ratio of 10.51 and a beta of 0.98.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates 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 return on equity of 12.31% and a net margin of 29.98%. As a group, sell-side analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 14.18%. The ex-dividend date of this dividend was Wednesday, March 19th. FS KKR Capital's payout ratio is 122.49%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FSK shares. Wells Fargo & Company cut FS KKR Capital from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $21.00 to $19.00 in a report on Monday, March 17th. JPMorgan Chase & Co. upped their price target on FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Royal Bank of Canada upped their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a "sector perform" rating in a research report on Monday, March 3rd. Finally, Keefe, Bruyette & Woods cut their price objective on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating on the stock in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, FS KKR Capital presently has a consensus 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.