Virtu Financial LLC Purchases Shares of 13,535 FS KKR Capital Corp. (NYSE:FSK)

Virtu Financial LLC bought a new stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,535 shares of the company's stock, valued at approximately $294,000.

Other hedge funds have also recently made changes to their positions in the company. Van ECK Associates Corp raised its holdings in FS KKR Capital by 11.7% in the 4th quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company's stock valued at $139,469,000 after buying an additional 673,420 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of FS KKR Capital by 2.1% during the fourth 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 during the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of FS KKR Capital by 10.3% during the fourth 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 during the period. Strong Tower Advisory Services grew its stake in shares of FS KKR Capital by 3.5% in the fourth quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company's stock worth $23,252,000 after purchasing an additional 36,127 shares during the last quarter. Finally, Generali Asset Management SPA SGR acquired a new stake in FS KKR Capital in the fourth quarter valued at $17,608,000. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital Trading Up 2.1 %

Shares of FSK stock traded up $0.45 during trading hours on Tuesday, hitting $21.40. 1,917,924 shares of the company were exchanged, compared to its average volume of 1,393,294. The company has a 50 day simple moving average of $22.49 and a two-hundred day simple moving average of $21.51. The firm has a market cap of $5.99 billion, a P/E ratio of 11.38 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 Corp. has a fifty-two week low of $18.53 and a fifty-two week high of $24.10.

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FS KKR Capital (NYSE:FSK - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The company had revenue of $407.00 million during the quarter, compared to analyst estimates of $419.97 million. Equities analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

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 $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 13.09%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital's payout ratio is 122.49%.

Analyst Ratings Changes

FSK has been the topic of a number of analyst reports. Wells Fargo & Company lowered FS KKR Capital from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $21.00 to $19.00 in a research report on Monday, March 17th. JPMorgan Chase & Co. increased their target price on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. B. Riley downgraded shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target on the stock. in a research report on Wednesday, December 11th. Royal Bank of Canada upped their price objective on shares of 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. Finally, Keefe, Bruyette & Woods lifted their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a "market perform" rating in a research note on Monday, March 3rd. One research 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, FS KKR Capital has an average rating of "Hold" and an average target price of $21.30.

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.