Inspire Advisors LLC Has $2.39 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Inspire Advisors LLC raised its stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 28.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,919 shares of the company's stock after acquiring an additional 24,443 shares during the quarter. Inspire Advisors LLC's holdings in FS KKR Capital were worth $2,387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. McIlrath & Eck LLC lifted its position 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 purchasing an additional 675 shares during the period. Jones Financial Companies Lllp boosted its stake in FS KKR Capital by 194.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock valued at $51,000 after acquiring an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in FS KKR Capital during the 4th quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 acquiring an additional 1,520 shares during the period. Finally, Roxbury Financial LLC acquired a new position in shares of FS KKR Capital in the 4th quarter valued at $69,000. 36.26% of the stock is owned by institutional investors.

FS KKR Capital Stock Down 0.3 %

Shares of FSK stock traded down $0.07 during trading hours on Wednesday, hitting $21.67. 1,755,119 shares of the company were exchanged, compared to its average volume of 1,313,646. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $24.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The business has a 50 day moving average of $22.71 and a two-hundred day moving average of $21.40. The company has a market capitalization of $6.07 billion, a PE ratio of 11.55 and a beta of 1.22.

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FS KKR Capital (NYSE:FSK - Get Free Report) last posted 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). The firm had revenue of $407.00 million for the quarter, compared to analyst estimates of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. Analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.92%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital's dividend payout ratio is presently 122.49%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on FSK shares. Keefe, Bruyette & Woods increased their target price on FS KKR Capital from $21.00 to $22.00 and gave the company a "market perform" rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. lifted their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $21.00 target price on shares of FS KKR Capital in a research note on Monday, December 2nd. B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target on the stock. in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada raised their price objective on FS KKR Capital from $21.00 to $22.00 and gave the stock a "sector perform" rating in a research note on Monday, March 3rd. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $21.70.

FS KKR Capital Company 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.