TrueMark Investments LLC Has $5.23 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

TrueMark Investments LLC lifted its holdings in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 146.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 240,645 shares of the company's stock after purchasing an additional 142,929 shares during the period. FS KKR Capital comprises 1.7% of TrueMark Investments LLC's holdings, making the stock its 16th biggest holding. TrueMark Investments LLC owned about 0.09% of FS KKR Capital worth $5,227,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Van ECK Associates Corp boosted its holdings in shares of FS KKR Capital by 11.7% in the fourth quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company's stock worth $139,469,000 after buying an additional 673,420 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of FS KKR Capital by 2.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,373,338 shares of the company's stock valued at $94,989,000 after acquiring an additional 91,192 shares in the last quarter. LPL Financial LLC boosted its stake in FS KKR Capital by 3.5% in the 4th quarter. LPL Financial LLC now owns 3,583,642 shares of the company's stock worth $77,837,000 after purchasing an additional 119,593 shares during the period. Transcend Capital Advisors LLC grew its position in FS KKR Capital by 10.3% during the 4th quarter. Transcend Capital Advisors LLC now owns 1,374,845 shares of the company's stock worth $29,862,000 after purchasing an additional 128,856 shares in the last quarter. Finally, Strong Tower Advisory Services raised its stake in FS KKR Capital by 3.5% during the 4th quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company's stock valued at $23,252,000 after purchasing an additional 36,127 shares during the period. 36.26% of the stock is currently owned by institutional investors.

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FS KKR Capital Stock Down 0.4 %

Shares of FS KKR Capital stock traded down $0.09 during trading on Friday, hitting $21.00. 1,397,173 shares of the stock traded hands, compared to its average volume of 1,391,112. The company has a fifty day moving average price of $22.56 and a two-hundred day moving average price of $21.46. FS KKR Capital Corp. has a twelve month low of $18.53 and a twelve month high of $24.10. The stock has a market cap of $5.88 billion, a P/E ratio of 11.17 and a beta of 1.22. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its earnings results 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 business had revenue of $407.00 million during the quarter, compared to analyst estimates of $419.97 million. Equities research analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

The company 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 dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 13.34%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital's dividend payout ratio (DPR) is presently 122.49%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on FSK shares. Royal Bank of Canada lifted their price target on FS KKR Capital from $21.00 to $22.00 and gave the company a "sector perform" rating in a report on Monday, March 3rd. Wells Fargo & Company cut FS KKR Capital from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $21.00 to $19.00 in a research note on Monday, March 17th. JPMorgan Chase & Co. increased 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. B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target for the company. in a report on Wednesday, December 11th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of FS KKR Capital from $21.00 to $22.00 and gave the company a "market perform" rating in a research note on Monday, March 3rd. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $21.30.

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.