Jump Financial LLC Cuts Holdings in FS KKR Capital Corp. (NYSE:FSK)

Jump Financial LLC lowered its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 64.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,850 shares of the company's stock after selling 26,799 shares during the period. Jump Financial LLC's holdings in FS KKR Capital were worth $323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Kingswood Wealth Advisors LLC lifted its stake in shares of FS KKR Capital by 86.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company's stock worth $4,878,000 after purchasing an additional 104,016 shares during the last quarter. Inspire Advisors LLC lifted its position in shares of FS KKR Capital by 28.6% during the fourth quarter. Inspire Advisors LLC now owns 109,919 shares of the company's stock valued at $2,387,000 after buying an additional 24,443 shares during the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of FS KKR Capital by 24.8% in the 4th quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company's stock valued at $1,411,000 after buying an additional 12,926 shares in the last quarter. Graypoint LLC grew its position in shares of FS KKR Capital by 23.1% in the 4th quarter. Graypoint LLC now owns 139,504 shares of the company's stock worth $3,030,000 after buying an additional 26,174 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in shares of FS KKR Capital by 15.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 205,935 shares of the company's stock worth $4,473,000 after acquiring an additional 27,110 shares in the last quarter. Institutional investors own 36.26% of the company's stock.

FS KKR Capital Price Performance

NYSE FSK opened at $20.16 on Friday. The stock's fifty day moving average price is $20.98 and its 200 day moving average price is $21.43. FS KKR Capital Corp. has a 1 year low of $17.42 and a 1 year high of $24.10. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 10.72 and a beta of 0.98.

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 analysts' consensus estimates 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 analyst estimates of $419.97 million. As a group, equities research analysts forecast that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 13.89%. The ex-dividend date was Wednesday, March 19th. FS KKR Capital's payout ratio is 122.49%.

Analyst Ratings Changes

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

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.

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