10,338 Shares in FS KKR Capital Corp. (NYSE:FSK) Acquired by A&I Financial Services LLC

A&I Financial Services LLC purchased a new position in shares of FS KKR Capital Corp. (NYSE:FSK) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 10,338 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors have also added to or reduced their stakes in the company. Financial Advocates Investment Management raised its stake in shares of FS KKR Capital by 21.9% in the third quarter. Financial Advocates Investment Management now owns 12,362 shares of the company’s stock worth $244,000 after purchasing an additional 2,223 shares during the last quarter. US Bancorp DE increased its position in shares of FS KKR Capital by 54.4% during the third quarter. US Bancorp DE now owns 12,916 shares of the company’s stock valued at $255,000 after acquiring an additional 4,550 shares during the last quarter. Van ECK Associates Corp increased its position in shares of FS KKR Capital by 6.6% during the third quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company’s stock valued at $117,886,000 after acquiring an additional 356,704 shares during the last quarter. Roman Butler Fullerton & Co. increased its position in shares of FS KKR Capital by 96.7% during the third quarter. Roman Butler Fullerton & Co. now owns 22,308 shares of the company’s stock valued at $452,000 after acquiring an additional 10,965 shares during the last quarter. Finally, Clarity Capital Partners LLC increased its position in shares of FS KKR Capital by 37.5% during the third quarter. Clarity Capital Partners LLC now owns 14,670 shares of the company’s stock valued at $289,000 after acquiring an additional 4,000 shares during the last quarter. 36.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a research report on Monday, December 2nd. JPMorgan Chase & Co. increased their price objective on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada increased their price objective on FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a report on Monday, November 18th. Finally, B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a report on Wednesday, December 11th. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $20.79.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, the insider now owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This represents 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 purchased 11,500 shares of company stock valued at $248,910 over the last three months. Company insiders own 0.25% of the company’s stock.

FS KKR Capital Price Performance

FS KKR Capital stock opened at $22.83 on Friday. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $24.10. The business has a fifty day moving average price of $22.50 and a 200-day moving average price of $21.19. 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 firm has a market capitalization of $6.39 billion, a P/E ratio of 12.14 and a beta of 1.25.

FS KKR Capital (NYSE:FSK) 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 the consensus estimate of $419.97 million. As a group, equities research analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The business 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. This represents a $2.80 dividend on an annualized basis and a dividend yield of 12.27%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital’s payout ratio is currently 136.17%.

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.