Capital Advisors Ltd. LLC Takes $240,000 Position in FS KKR Capital Corp. (NYSE:FSK)

Capital Advisors Ltd. LLC acquired a new position in FS KKR Capital Corp. (NYSE:FSKGet Rating) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 10,500 shares of the company’s stock, valued at approximately $240,000.

Several other hedge funds have also recently bought and sold shares of FSK. Qube Research & Technologies Ltd increased its holdings in shares of FS KKR Capital by 110.4% during the 4th quarter. Qube Research & Technologies Ltd now owns 32,132 shares of the company’s stock valued at $673,000 after acquiring an additional 16,857 shares during the last quarter. Fisher Asset Management LLC grew its holdings in FS KKR Capital by 29.3% during the fourth quarter. Fisher Asset Management LLC now owns 12,337 shares of the company’s stock valued at $258,000 after purchasing an additional 2,797 shares during the last quarter. Gries Financial LLC acquired a new stake in shares of FS KKR Capital in the fourth quarter worth $283,000. PVG Asset Management Corp bought a new stake in shares of FS KKR Capital during the 4th quarter worth $479,000. Finally, Inspire Investing LLC acquired a new position in FS KKR Capital in the 4th quarter valued at $4,583,000. 41.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at FS KKR Capital

In related news, insider Brian Gerson bought 2,000 shares of the firm’s stock in a transaction dated Friday, May 27th. The stock was bought at an average cost of $21.74 per share, for a total transaction of $43,480.00. Following the transaction, the insider now owns 11,642 shares of the company’s stock, valued at $253,097.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Daniel Pietrzak purchased 5,000 shares of the company’s stock in a transaction on Wednesday, May 11th. The shares were purchased at an average cost of $21.61 per share, with a total value of $108,050.00. Following the completion of the transaction, the insider now owns 21,500 shares of the company’s stock, valued at approximately $464,615. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Brian Gerson bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 27th. The shares were acquired at an average cost of $21.74 per share, for a total transaction of $43,480.00. Following the completion of the acquisition, the insider now directly owns 11,642 shares in the company, valued at approximately $253,097.08. The disclosure for this purchase can be found here. Insiders have bought a total of 16,038 shares of company stock worth $340,520 over the last 90 days. Insiders own 0.20% of the company’s stock.

FS KKR Capital Stock Up 0.9 %

NYSE FSK opened at $22.00 on Friday. FS KKR Capital Corp. has a twelve month low of $18.08 and a twelve month high of $23.44. The stock has a market cap of $6.25 billion, a PE ratio of 2.71 and a beta of 1.36. The firm has a 50-day simple moving average of $20.52 and a 200 day simple moving average of $21.50. The company has a debt-to-equity ratio of 1.27, a quick ratio of 3.71 and a current ratio of 3.71.

FS KKR Capital (NYSE:FSKGet Rating) last announced its quarterly earnings data on Monday, May 9th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.08. FS KKR Capital had a return on equity of 8.84% and a net margin of 116.21%. The company had revenue of $396.00 million during the quarter, compared to the consensus estimate of $356.52 million. On average, research analysts forecast that FS KKR Capital Corp. will post 2.7 EPS for the current year.

FS KKR Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 5th. Shareholders of record on Wednesday, June 15th were issued a dividend of $0.68 per share. This is an increase from FS KKR Capital’s previous quarterly dividend of $0.63. The ex-dividend date was Tuesday, June 14th. This represents a $2.72 annualized dividend and a yield of 12.36%. FS KKR Capital’s dividend payout ratio is currently 33.46%.

Analyst Ratings Changes

Several brokerages have recently issued reports on FSK. Hovde Group lowered their price target on FS KKR Capital to $23.00 in a research report on Friday, May 20th. Wells Fargo & Company dropped their price target on FS KKR Capital from $21.50 to $21.00 and set an “equal weight” rating on the stock in a research report on Monday, April 25th.

FS KKR Capital Company 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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Want to see what other hedge funds are holding FSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FS KKR Capital Corp. (NYSE:FSKGet Rating).

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

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