FS KKR Capital Corp. (NYSE:FSK) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lessened its stake in FS KKR Capital Corp. (NYSE:FSK) by 23.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 42,296 shares of the company’s stock after selling 13,077 shares during the period. Orion Portfolio Solutions LLC’s holdings in FS KKR Capital were worth $919,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McIlrath & Eck LLC grew its stake in shares of FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after buying an additional 675 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in FS KKR Capital by 194.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock valued at $51,000 after acquiring an additional 1,554 shares during the period. FNY Investment Advisers LLC acquired a new position in FS KKR Capital in the 4th quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after purchasing an additional 1,520 shares during the period. Finally, Roxbury Financial LLC acquired a new stake in shares of FS KKR Capital during the fourth quarter worth about $69,000. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FSK. Keefe, Bruyette & Woods upped 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. B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a research report on Wednesday, December 11th. Wells Fargo & Company lowered FS KKR Capital from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $21.00 to $19.00 in a report on Monday, March 17th. Royal Bank of Canada upped their price target on FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Monday, March 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $21.30.

FS KKR Capital Stock Down 6.2 %

FS KKR Capital stock opened at $19.44 on Friday. The stock has a market cap of $5.44 billion, a PE ratio of 10.34 and a beta of 0.98. 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 stock’s fifty day moving average is $22.37 and its two-hundred day moving average is $21.52. FS KKR Capital Corp. has a 1-year low of $18.53 and a 1-year high of $24.10.

FS KKR Capital (NYSE:FSK) last posted its earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). The business had revenue of $407.00 million for the quarter, compared to analysts’ expectations of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. On average, sell-side analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.41%. The ex-dividend date was Wednesday, March 19th. FS KKR Capital’s dividend payout ratio (DPR) is 122.49%.

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.