FS KKR Capital Corp. (NYSE:FSK) Shares Bought by First Financial Bank Trust Division

First Financial Bank Trust Division grew its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,616 shares of the company’s stock after purchasing an additional 1,313 shares during the quarter. First Financial Bank Trust Division’s holdings in FS KKR Capital were worth $600,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fountainhead AM LLC grew its stake in FS KKR Capital by 9.8% during the 3rd quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock worth $15,798,000 after buying an additional 71,644 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of FS KKR Capital by 18.1% in the third quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock valued at $5,023,000 after acquiring an additional 39,086 shares during the period. Private Advisor Group LLC grew its position in shares of FS KKR Capital by 58.3% during the second quarter. Private Advisor Group LLC now owns 859,249 shares of the company’s stock worth $16,953,000 after acquiring an additional 316,615 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of FS KKR Capital by 1,967.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company’s stock valued at $62,462,000 after acquiring an additional 3,012,711 shares during the period. Finally, Cascade Investment Group Inc. purchased a new stake in FS KKR Capital in the 3rd quarter valued at $1,038,000. Institutional investors and hedge funds own 36.26% of the company’s stock.

Insider Transactions at FS KKR Capital

In related news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction dated Thursday, December 5th. The stock was bought at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now owns 49,800 shares in the company, valued at approximately $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have purchased a total of 11,500 shares of company stock valued at $248,910 in the last ninety days. 0.25% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. Royal Bank of Canada raised their price target on FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Finally, B. Riley cut 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. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.25.

FS KKR Capital Stock Performance

Shares of FS KKR Capital stock traded up $0.33 on Thursday, reaching $22.05. 1,652,474 shares of the stock were exchanged, compared to its average volume of 1,414,236. The firm has a market capitalization of $6.18 billion, a PE ratio of 11.73 and a beta of 1.25. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $22.39. The business has a fifty day moving average price of $21.29 and a two-hundred day moving average price of $20.39. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK) last released its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.04. The company had revenue of $441.00 million for the quarter, compared to analysts’ expectations of $423.58 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. During the same quarter in the previous year, the firm posted $0.80 EPS. As a group, research analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Increases Dividend

The business also recently announced a None dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were given a dividend of $0.70 per share. This is a positive change from FS KKR Capital’s previous None dividend of $0.64. This represents a dividend yield of 12.7%. The ex-dividend date was Wednesday, December 4th. FS KKR Capital’s payout ratio is presently 136.17%.

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.