16,026 Shares in FS KKR Capital Corp. (NYSE:FSK) Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in FS KKR Capital Corp. (NYSE:FSK - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,026 shares of the company's stock, valued at approximately $348,000.

Other hedge funds also recently modified their holdings of the company. Canton Hathaway LLC lifted its position in shares of FS KKR Capital by 24.3% during the 4th quarter. Canton Hathaway LLC now owns 14,920 shares of the company's stock worth $324,000 after buying an additional 2,920 shares in the last quarter. Bank of New York Mellon Corp boosted its position in FS KKR Capital by 75.2% in the fourth quarter. Bank of New York Mellon Corp now owns 62,189 shares of the company's stock worth $1,351,000 after purchasing an additional 26,703 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in shares of FS KKR Capital by 2.4% during the 4th quarter. Acorn Wealth Advisors LLC now owns 47,280 shares of the company's stock valued at $1,027,000 after purchasing an additional 1,088 shares during the last quarter. IFP Advisors Inc raised its stake in shares of FS KKR Capital by 24.0% during the 4th quarter. IFP Advisors Inc now owns 52,928 shares of the company's stock worth $1,150,000 after purchasing an additional 10,256 shares during the period. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of FS KKR Capital in the 4th quarter worth about $1,852,000. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Price Performance

FS KKR Capital stock traded down $0.96 during midday trading on Tuesday, reaching $21.72. 3,307,134 shares of the stock were exchanged, compared to its average volume of 1,314,693. The firm has a market cap of $6.08 billion, a PE ratio of 11.55 and a beta of 1.22. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $24.10. The company's fifty day moving average is $22.71 and its 200-day moving average is $21.39. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

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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 for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The business had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. On average, sell-side analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be given a $0.70 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 12.89%. FS KKR Capital's dividend payout ratio (DPR) is presently 122.49%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 target price on the stock. in a research note 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 research report on Monday, March 3rd. Wells Fargo & Company restated an "equal weight" rating and issued a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd. Royal Bank of Canada increased 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 research report on Monday, March 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $21.70.

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.