Orion Portfolio Solutions LLC Has $919,000 Stake in FS KKR Capital Corp. (NYSE:FSK)

Orion Portfolio Solutions LLC cut its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 23.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,296 shares of the company's stock after selling 13,077 shares during the period. Orion Portfolio Solutions LLC's holdings in FS KKR Capital were worth $919,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. McIlrath & Eck LLC increased its holdings in shares of 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 acquiring an additional 675 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of FS KKR Capital by 194.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock worth $51,000 after acquiring an additional 1,554 shares during the period. FNY Investment Advisers LLC bought a new position in shares of FS KKR Capital during the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of 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 during the period. Finally, Roxbury Financial LLC bought a new position in shares of FS KKR Capital during the 4th quarter worth approximately $69,000. 36.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on FSK. Wells Fargo & Company downgraded FS KKR Capital from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $21.00 to $19.00 in a research report on Monday, March 17th. B. Riley downgraded FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective for the company. in a research report on Wednesday, December 11th. Royal Bank of Canada lifted their target price on FS KKR Capital from $21.00 to $22.00 and gave the company a "sector perform" rating in a research note on Monday, March 3rd. Keefe, Bruyette & Woods decreased their price objective on FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their price objective 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. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to MarketBeat, FS KKR Capital has an average rating of "Hold" and an average target price of $20.70.

FS KKR Capital Trading Down 4.2 %

Shares of FS KKR Capital stock traded down $0.82 during trading on Thursday, reaching $18.77. 570,001 shares of the company were exchanged, compared to its average volume of 1,462,332. FS KKR Capital Corp. has a twelve month low of $17.42 and a twelve month high of $24.10. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 9.98 and a beta of 0.98. The business has a 50-day moving average price of $21.94 and a 200-day moving average price of $21.47.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The business 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%. Sell-side analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 14.92%. FS KKR Capital's payout ratio is presently 122.49%.

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.