MML Investors Services LLC Has $8.25 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

MML Investors Services LLC cut its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 379,835 shares of the company's stock after selling 16,740 shares during the period. MML Investors Services LLC owned about 0.14% of FS KKR Capital worth $8,250,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. McIlrath & Eck LLC increased its position in FS KKR Capital by 47.5% in 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 period. Jones Financial Companies Lllp increased its holdings 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 purchasing an additional 1,554 shares during the period. FNY Investment Advisers LLC bought a new position in FS KKR Capital during the 4th quarter worth $52,000. Anchor Investment Management LLC acquired a new position in FS KKR Capital during the 4th quarter worth about $54,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of FS KKR Capital by 122.6% in the 4th 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 last quarter. 36.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Royal Bank of Canada lifted 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. JPMorgan Chase & Co. reduced their price objective on shares of FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday. Keefe, Bruyette & Woods lowered their target price on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company lowered shares of FS KKR Capital from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $21.00 to $19.00 in a report 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. Based on data from MarketBeat, FS KKR Capital currently has a consensus rating of "Hold" and an average price target of $20.10.

FS KKR Capital Trading Up 0.6 %

Shares of NYSE:FSK traded up $0.12 during mid-day trading on Friday, hitting $20.16. The company had a trading volume of 837,001 shares, compared to its average volume of 1,489,913. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. FS KKR Capital Corp. has a one year low of $17.42 and a one year high of $24.10. The firm has a fifty day moving average price of $20.98 and a 200 day moving average price of $21.42. The company has a market capitalization of $5.65 billion, a PE ratio of 10.72 and a beta of 0.98.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. As a group, research analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

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