PFG Advisors Has $4.14 Million Stake in FS KKR Capital Corp. (NYSE:FSK)

PFG Advisors lifted its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 2.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 190,728 shares of the company’s stock after buying an additional 3,997 shares during the period. PFG Advisors’ holdings in FS KKR Capital were worth $4,143,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. McIlrath & Eck LLC raised its holdings in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after buying an additional 675 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of 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 purchasing an additional 1,554 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital during the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in FS KKR Capital by 122.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new position in FS KKR Capital during the 4th quarter worth approximately $69,000. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Down 4.2 %

FSK opened at $21.72 on Wednesday. The firm’s 50 day simple moving average is $22.71 and its two-hundred day simple moving average is $21.40. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $24.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $6.08 billion, a PE ratio of 11.55 and a beta of 1.22.

FS KKR Capital (NYSE:FSK) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $419.97 million. As a group, equities analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 12.89%. FS KKR Capital’s payout ratio is currently 122.49%.

Wall Street Analysts Forecast Growth

FSK has been the subject of several recent research reports. Wells Fargo & Company reiterated an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Keefe, Bruyette & Woods increased their price target on 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 note on Wednesday, December 11th. Royal Bank of Canada upped their price target on shares of 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 target price on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Five research analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average price target of $21.70.

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.