Muzinich & Co. Inc. Grows Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Muzinich & Co. Inc. increased its holdings in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 9.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 560,981 shares of the company's stock after purchasing an additional 46,542 shares during the period. FS KKR Capital makes up 7.6% of Muzinich & Co. Inc.'s investment portfolio, making the stock its 4th biggest holding. Muzinich & Co. Inc. owned 0.20% of FS KKR Capital worth $12,185,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. 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 worth $41,000 after buying an additional 675 shares during the period. FNY Investment Advisers LLC bought a new position in FS KKR Capital during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. increased its position in FS KKR Capital by 122.6% during the fourth 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. Roxbury Financial LLC acquired a new position in FS KKR Capital during the 4th quarter valued at $69,000. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company's stock valued at $119,000 after purchasing an additional 3,744 shares during the period. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital Price Performance

Shares of FS KKR Capital stock traded down $0.35 during midday trading on Monday, hitting $23.13. 1,981,834 shares of the company were exchanged, compared to its average volume of 1,346,771. The firm has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $21.26. 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 firm has a market cap of $6.48 billion, a P/E ratio of 12.30 and a beta of 1.25. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $24.10.

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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 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 company had revenue of $407.00 million for the quarter, compared to the consensus estimate of $419.97 million. 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.70 per share. The ex-dividend date is Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 12.11%. FS KKR Capital's dividend payout ratio is 122.49%.

Analysts Set New Price Targets

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

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the acquisition, the insider now directly owns 49,800 shares of the company's stock, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders bought 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company's stock.

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.