MGO One Seven LLC Grows Position in FS KKR Capital Corp. (NYSE:FSK)

MGO One Seven LLC boosted its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 455,731 shares of the company's stock after acquiring an additional 26,217 shares during the period. MGO One Seven LLC owned 0.16% of FS KKR Capital worth $9,898,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of FSK. McIlrath & Eck LLC grew its position in shares of FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock valued at $41,000 after purchasing an additional 675 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in FS KKR Capital by 194.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock valued at $51,000 after buying an additional 1,554 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in FS KKR Capital in the 4th quarter worth approximately $52,000. Anchor Investment Management LLC purchased a new stake in shares of FS KKR Capital during the 4th quarter worth approximately $54,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted 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 valued at $60,000 after acquiring an additional 1,520 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on FSK. JPMorgan Chase & Co. boosted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Royal Bank of Canada boosted their target price 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. 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 report on Tuesday, April 8th. Finally, Wells Fargo & Company cut 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. 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 data from MarketBeat.com, FS KKR Capital currently has an average rating of "Hold" and a consensus price target of $20.70.

FS KKR Capital Price Performance

FSK stock opened at $19.42 on Wednesday. The stock has a market cap of $5.44 billion, a PE ratio of 10.33 and a beta of 0.98. FS KKR Capital Corp. has a 12 month low of $17.42 and a 12 month high of $24.10. The company has a 50-day moving average price of $21.21 and a 200 day moving average price of $21.43. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK - Get Free Report) last announced its earnings results 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). FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. The business had revenue of $407.00 million for the quarter, compared to analysts' expectations of $419.97 million. Equities research analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.42%. The ex-dividend date of this dividend was Wednesday, March 19th. FS KKR Capital's dividend payout ratio is currently 122.49%.

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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