Mariner LLC Grows Holdings in FS KKR Capital Corp. (NYSE:FSK)

Mariner LLC raised its position in FS KKR Capital Corp. (NYSE:FSK) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 547,993 shares of the company’s stock after buying an additional 11,533 shares during the period. Mariner LLC owned approximately 0.20% of FS KKR Capital worth $11,902,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FSK. McIlrath & Eck LLC grew its stake in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of FS KKR Capital by 194.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock worth $51,000 after buying an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in FS KKR Capital in the fourth quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in FS KKR Capital by 122.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Roxbury Financial LLC bought a new stake in shares of FS KKR Capital in the 4th quarter worth about $69,000. 36.26% of the stock is currently owned by institutional investors and hedge funds.

FS KKR Capital Trading Up 2.1 %

NYSE:FSK opened at $19.54 on Friday. The firm has a market capitalization of $5.47 billion, a P/E ratio of 10.39 and a beta of 0.98. The business has a 50 day simple moving average of $21.45 and a 200 day simple moving average of $21.43. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. FS KKR Capital Corp. has a 12-month low of $17.42 and a 12-month high of $24.10.

FS KKR Capital (NYSE:FSK) last released 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). The firm had revenue of $407.00 million for the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. Equities research analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.33%. FS KKR Capital’s dividend payout ratio (DPR) is presently 122.49%.

Analyst Ratings Changes

Several brokerages have recently commented on FSK. Keefe, Bruyette & Woods reduced their price target on shares of FS KKR Capital from $22.00 to $19.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. increased their target price on FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Wells Fargo & Company downgraded FS KKR Capital from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $21.00 to $19.00 in a report on Monday, March 17th. Finally, Royal Bank of Canada raised their price objective on FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research note on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, FS KKR Capital currently has an average rating of “Hold” and an average price target of $20.70.

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.