FS KKR Capital Corp. (NYSE:FSK) Shares Purchased by Harvest Investment Services LLC

Harvest Investment Services LLC raised its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 11.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 179,334 shares of the company's stock after purchasing an additional 19,004 shares during the period. FS KKR Capital makes up approximately 1.0% of Harvest Investment Services LLC's portfolio, making the stock its 25th biggest holding. Harvest Investment Services LLC owned about 0.06% of FS KKR Capital worth $3,895,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Kendall Capital Management boosted its holdings in FS KKR Capital by 2.3% in the fourth quarter. Kendall Capital Management now owns 22,897 shares of the company's stock worth $497,000 after acquiring an additional 517 shares in the last quarter. Endowment Wealth Management Inc. lifted its holdings in shares of 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. grew its holdings in shares of FS KKR Capital by 6.7% in the fourth quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company's stock valued at $232,000 after purchasing an additional 667 shares in the last quarter. McIlrath & Eck LLC raised its holdings in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock valued at $41,000 after buying an additional 675 shares during the period. Finally, Wagner Wealth Management LLC boosted its holdings in 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 acquiring an additional 679 shares during the period. Institutional investors own 36.26% of the company's stock.

FS KKR Capital Trading Up 1.5 %

FS KKR Capital stock opened at $20.02 on Friday. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 10.65 and a beta of 0.98. The stock has a 50-day moving average price of $21.06 and a 200 day moving average price of $21.42. 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 $17.42 and a 52 week high of $24.10.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 EPS 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 analysts' expectations of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. Sell-side analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th were given a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 13.99%. FS KKR Capital's dividend payout ratio is presently 122.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lowered their price target on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. JPMorgan Chase & Co. reduced their target price on shares of FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Thursday. Wells Fargo & Company lowered shares of FS KKR Capital from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $21.00 to $19.00 in a research note on Monday, March 17th. Finally, Royal Bank of Canada lifted 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. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat.com, FS KKR Capital presently has an average rating of "Hold" and an average price target of $20.10.

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.