FS KKR Capital Corp. (NYSE:FSK) Stock Holdings Increased by Maia Wealth LLC

Maia Wealth LLC increased its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 572,864 shares of the company's stock after buying an additional 53,954 shares during the quarter. FS KKR Capital accounts for about 2.8% of Maia Wealth LLC's holdings, making the stock its 4th biggest holding. Maia Wealth LLC owned approximately 0.20% of FS KKR Capital worth $11,904,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Van ECK Associates Corp grew its holdings in FS KKR Capital by 6.6% during the 3rd quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company's stock worth $117,886,000 after acquiring an additional 356,704 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of FS KKR Capital by 4.6% in the third quarter. Commonwealth Equity Services LLC now owns 4,282,146 shares of the company's stock valued at $84,487,000 after buying an additional 188,542 shares in the last quarter. LPL Financial LLC boosted its stake in FS KKR Capital by 1.8% during the 2nd quarter. LPL Financial LLC now owns 3,352,328 shares of the company's stock valued at $66,141,000 after purchasing an additional 59,240 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of FS KKR Capital by 1,967.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company's stock worth $62,462,000 after acquiring an additional 3,012,711 shares in the last quarter. Finally, LSV Asset Management increased its position in shares of FS KKR Capital by 3.2% during the 1st quarter. LSV Asset Management now owns 1,966,418 shares of the company's stock valued at $37,500,000 after purchasing an additional 60,700 shares during the last quarter. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital Trading Up 2.6 %

NYSE:FSK traded up $0.53 during mid-day trading on Wednesday, reaching $20.82. 1,570,802 shares of the company's stock traded hands, compared to its average volume of 1,411,780. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $20.99. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.34 and a quick ratio of 2.34. The company has a 50 day moving average price of $20.07 and a 200-day moving average price of $19.93. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 9.06 and a beta of 1.25.

FS KKR Capital (NYSE:FSK - Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.04. The company had revenue of $439.00 million during the quarter, compared to the consensus estimate of $426.41 million. FS KKR Capital had a return on equity of 12.39% and a net margin of 35.46%. During the same quarter in the prior year, the company earned $0.78 earnings per share. On average, sell-side analysts predict that FS KKR Capital Corp. will post 2.86 earnings per share for the current year.

FS KKR Capital Increases Dividend

The business also recently disclosed a None dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, December 4th. This is a positive change from FS KKR Capital's previous None dividend of $0.64. This represents a yield of 12.7%. FS KKR Capital's dividend payout ratio is 113.27%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FSK. Royal Bank of Canada reiterated a "sector perform" rating and set a $20.00 price target on shares of FS KKR Capital in a research report on Wednesday, August 14th. Wells Fargo & Company reduced their price target on FS KKR Capital from $21.00 to $20.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $19.94.

Insider Transactions at FS KKR Capital

In related news, CEO Michael C. Forman sold 195,139 shares of the business's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $19.56, for a total transaction of $3,816,918.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO Michael C. Forman sold 195,139 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $19.56, for a total transaction of $3,816,918.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Daniel Pietrzak acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, August 8th. The shares were acquired at an average cost of $19.21 per share, for a total transaction of $96,050.00. Following the completion of the transaction, the insider now directly owns 44,800 shares of the company's stock, valued at $860,608. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.25% of the company's stock.

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.