Cooper Financial Group Has $334,000 Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Cooper Financial Group lifted its stake in FS KKR Capital Corp. (NYSE:FSKGet Rating) by 14.4% during the second quarter, Holdings Channel.com reports. The fund owned 17,200 shares of the company’s stock after buying an additional 2,161 shares during the period. Cooper Financial Group’s holdings in FS KKR Capital were worth $334,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Investment House LLC boosted its position in FS KKR Capital by 3.4% during the first quarter. Investment House LLC now owns 15,119 shares of the company’s stock worth $345,000 after purchasing an additional 500 shares during the period. Bickling Financial Services Inc. boosted its holdings in shares of FS KKR Capital by 2.5% during the 1st quarter. Bickling Financial Services Inc. now owns 20,117 shares of the company’s stock worth $459,000 after buying an additional 500 shares during the period. O Dell Group LLC grew its stake in FS KKR Capital by 4.7% in the 4th quarter. O Dell Group LLC now owns 11,277 shares of the company’s stock valued at $236,000 after buying an additional 509 shares during the last quarter. Cahaba Wealth Management Inc. lifted its position in FS KKR Capital by 4.3% during the first quarter. Cahaba Wealth Management Inc. now owns 12,396 shares of the company’s stock worth $259,000 after acquiring an additional 516 shares during the last quarter. Finally, Dean Jacobson Financial Services LLC boosted its holdings in shares of FS KKR Capital by 3.9% during the first quarter. Dean Jacobson Financial Services LLC now owns 14,151 shares of the company’s stock worth $323,000 after acquiring an additional 532 shares during the period. Institutional investors and hedge funds own 35.74% of the company’s stock.

FS KKR Capital Stock Performance

Shares of NYSE:FSK opened at $20.03 on Monday. FS KKR Capital Corp. has a 12-month low of $18.08 and a 12-month high of $23.44. The company’s 50 day moving average price is $21.39 and its two-hundred day moving average price is $21.42. The firm has a market cap of $5.67 billion, a PE ratio of 9.45 and a beta of 1.33. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 1.24.

FS KKR Capital (NYSE:FSKGet Rating) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $379.00 million for the quarter, compared to the consensus estimate of $378.79 million. FS KKR Capital had a return on equity of 9.93% and a net margin of 40.23%. Equities research analysts predict that FS KKR Capital Corp. will post 2.86 earnings per share for the current year.

FS KKR Capital Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Wednesday, September 14th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $2.68 annualized dividend and a yield of 13.38%. FS KKR Capital’s dividend payout ratio is 115.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on FSK shares. Compass Point lowered their target price on FS KKR Capital to $24.00 in a research note on Monday, August 15th. Wells Fargo & Company increased their price objective on FS KKR Capital from $19.00 to $20.50 and gave the stock an “equal weight” rating in a research report on Wednesday, August 10th.

FS KKR Capital Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for FS KKR Capital (NYSE:FSK)

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