M Holdings Securities Inc. Invests $881,000 in FS KKR Capital Corp. (NYSE:FSK)

M Holdings Securities Inc. purchased a new stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 40,572 shares of the company's stock, valued at approximately $881,000.

Several other hedge funds have also added to or reduced their stakes in the company. 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 raised its stake in shares of FS KKR Capital by 194.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock worth $51,000 after buying an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in FS KKR Capital in the fourth quarter valued at approximately $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in FS KKR Capital by 122.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock valued at $60,000 after buying an additional 1,520 shares during the period. Finally, Roxbury Financial LLC bought a new position in FS KKR Capital in the fourth quarter valued at approximately $69,000. Institutional investors own 36.26% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on FSK. Royal Bank of Canada upped their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the company a "sector perform" rating in a research report on Monday, March 3rd. Wells Fargo & Company lowered FS KKR Capital from an "equal weight" rating to an "underweight" rating and cut their target price for the company from $21.00 to $19.00 in a research note on Monday, March 17th. JPMorgan Chase & Co. boosted their target price on FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Finally, 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 research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $20.70.

FS KKR Capital Trading Up 2.1 %

FSK stock traded up $0.41 during midday trading on Friday, hitting $19.54. 1,462,023 shares of the company's stock were exchanged, compared to its average volume of 1,488,812. FS KKR Capital Corp. has a one year low of $17.42 and a one year high of $24.10. The stock's fifty day moving average price is $21.37 and its 200-day moving average price is $21.44. The company has a market cap of $5.47 billion, a PE ratio of 10.39 and a beta of 0.98. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. Research analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Dividend Announcement

The business also recently disclosed 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 was Wednesday, March 19th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.33%. FS KKR Capital's payout ratio is 122.49%.

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.