Disciplined Investments LLC Increases Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Disciplined Investments LLC grew its position in FS KKR Capital Corp. (NYSE:FSK) by 30.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,500 shares of the company’s stock after purchasing an additional 4,500 shares during the period. Disciplined Investments LLC’s holdings in FS KKR Capital were worth $424,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FSK. Van ECK Associates Corp grew its position in FS KKR Capital by 11.7% during the fourth 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 period. Legacy Investment Solutions LLC bought a new position in FS KKR Capital during the third quarter valued at about $7,830,000. Strategic Financial Concepts LLC grew its position in FS KKR Capital by 2,029.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 303,529 shares of the company’s stock valued at $6,593,000 after buying an additional 289,278 shares during the period. Rik Saylor Financial Inc. bought a new position in FS KKR Capital during the fourth quarter valued at about $4,287,000. Finally, Transcend Capital Advisors LLC grew its position in 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 valued at $29,862,000 after buying an additional 128,856 shares during the period. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on FSK shares. Wells Fargo & Company reiterated an “equal weight” rating and set a $21.00 target price on shares of FS KKR Capital in a research report on Monday, December 2nd. Keefe, Bruyette & Woods increased 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 report on Monday. JPMorgan Chase & Co. increased 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 report on Monday, February 3rd. 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. Finally, B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price for the company. in a research report on Wednesday, December 11th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $21.70.

FS KKR Capital Price Performance

FSK stock opened at $23.13 on Tuesday. The firm has a 50 day moving average of $22.61 and a 200-day moving average of $21.28. 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 Corp. has a 12 month low of $18.31 and a 12 month high of $24.10. The firm has a market capitalization of $6.48 billion, a P/E ratio of 12.30 and a beta of 1.25.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 29.98% and a return on equity of 12.31%. As a group, sell-side analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Dividend Announcement

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 paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 12.11%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital’s dividend payout ratio is currently 122.49%.

Insider Activity at FS KKR Capital

In related news, insider Daniel Pietrzak bought 5,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, the insider now directly owns 49,800 shares of the company’s stock, valued at $1,061,238. This trade represents a 11.16 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased 6,500 shares of company stock valued at $138,510 over the last three months. 0.25% of the stock is owned by corporate insiders.

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.