Steward Partners Investment Advisory LLC Buys 19,344 Shares of FS KKR Capital Corp. (NYSE:FSK)

Steward Partners Investment Advisory LLC lifted its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 45.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,970 shares of the company's stock after buying an additional 19,344 shares during the period. Steward Partners Investment Advisory LLC's holdings in FS KKR Capital were worth $1,346,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Wescott Financial Advisory Group LLC boosted its stake in shares of FS KKR Capital by 2.9% in the 3rd quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company's stock worth $417,000 after buying an additional 600 shares during the last quarter. Lloyd Advisory Services LLC. lifted its holdings in FS KKR Capital by 6.7% in the fourth quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company's stock valued at $232,000 after acquiring an additional 667 shares during the period. McIlrath & Eck LLC boosted its position in FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock worth $41,000 after purchasing an additional 675 shares during the last quarter. Wagner Wealth Management LLC grew its stake in shares of FS KKR Capital by 6.4% during the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock valued at $245,000 after purchasing an additional 679 shares during the period. Finally, Perigon Wealth Management LLC grew its position in FS KKR Capital by 5.0% during the fourth quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company's stock valued at $321,000 after buying an additional 689 shares during the period. 36.26% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of brokerages recently commented on FSK. Keefe, Bruyette & Woods raised their target price on FS KKR Capital from $21.00 to $22.00 and gave the stock a "market perform" rating in a report on Monday, March 3rd. B. Riley downgraded FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective on the stock. in a research note on Wednesday, December 11th. 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 note on Monday, March 3rd. JPMorgan Chase & Co. raised their target price on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company reiterated an "equal weight" rating and issued a $21.00 price target 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.com, FS KKR Capital currently has a consensus rating of "Hold" and a consensus target price of $21.70.

FS KKR Capital Trading Down 3.1 %

Shares of NYSE:FSK traded down $0.67 during trading on Thursday, hitting $20.97. The company had a trading volume of 2,845,934 shares, compared to its average volume of 1,318,943. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 11.15 and a beta of 1.22. 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 company has a fifty day simple moving average of $22.71 and a two-hundred day simple moving average of $21.40. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $24.10.

FS KKR Capital (NYSE:FSK - Get Free Report) last released 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). The firm 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%. As a group, equities analysts forecast that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.80 annualized dividend and a dividend yield of 13.35%. FS KKR Capital's payout ratio is 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.