Maia Wealth LLC Has $14.54 Million Position in FS KKR Capital Corp. (NYSE:FSK)

Maia Wealth LLC lifted its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 11.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 638,109 shares of the company's stock after purchasing an additional 65,245 shares during the quarter. FS KKR Capital comprises approximately 3.2% of Maia Wealth LLC's holdings, making the stock its 2nd largest holding. Maia Wealth LLC owned approximately 0.23% of FS KKR Capital worth $14,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Van ECK Associates Corp boosted its position in shares of FS KKR Capital by 11.7% in the fourth quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company's stock worth $139,469,000 after buying an additional 673,420 shares during the period. Legacy Investment Solutions LLC acquired a new position in FS KKR Capital during the 3rd quarter worth approximately $7,830,000. Strategic Financial Concepts LLC boosted its holdings in FS KKR Capital by 2,029.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 303,529 shares of the company's stock worth $6,593,000 after acquiring an additional 289,278 shares during the period. Rik Saylor Financial Inc. acquired a new stake in FS KKR Capital in the fourth quarter valued at approximately $4,287,000. Finally, Transcend Capital Advisors LLC grew its position in FS KKR Capital by 10.3% in the fourth quarter. Transcend Capital Advisors LLC now owns 1,374,845 shares of the company's stock valued at $29,862,000 after acquiring an additional 128,856 shares in the last quarter. Institutional investors and hedge funds own 36.26% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FSK. B. Riley downgraded shares of 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. Wells Fargo & Company reissued an "equal weight" rating and issued a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. JPMorgan Chase & Co. lifted their target price on FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods boosted their price target on FS KKR Capital from $21.00 to $22.00 and gave the stock a "market perform" rating in a research note on Monday. Finally, Royal Bank of Canada raised their price objective on FS KKR Capital from $21.00 to $22.00 and gave the company a "sector perform" rating in a research note on Monday. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $21.70.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the business's stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $21.31 per share, with a total value of $106,550.00. Following the completion of the acquisition, the insider now directly owns 49,800 shares of the company's stock, valued at approximately $1,061,238. The trade was a 11.16 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.25% of the stock is currently owned by corporate insiders.

FS KKR Capital Stock Down 0.6 %

Shares of FSK traded down $0.13 during midday trading on Wednesday, hitting $22.66. The company had a trading volume of 1,480,161 shares, compared to its average volume of 1,360,267. 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 52 week low of $18.31 and a 52 week high of $24.10. The company's 50 day moving average price is $22.64 and its 200 day moving average price is $21.30. The stock has a market cap of $6.35 billion, a price-to-earnings ratio of 12.05 and a beta of 1.22.

FS KKR Capital (NYSE:FSK - Get Free Report) last announced its quarterly earnings data 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). FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. The firm had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. On average, equities research analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The company also recently disclosed 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. This represents a $2.80 annualized dividend and a yield of 12.36%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital's dividend payout ratio (DPR) is presently 122.49%.

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.