FS KKR Capital Corp. (NYSE:FSK) Holdings Cut by Optiver Holding B.V.

Optiver Holding B.V. lowered its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 52.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,717 shares of the company’s stock after selling 1,917 shares during the period. Optiver Holding B.V.’s holdings in FS KKR Capital were worth $37,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FSK. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in FS KKR Capital during the fourth quarter valued at $33,000. McIlrath & Eck LLC lifted its holdings in shares of 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 buying an additional 675 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings 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 buying an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in FS KKR Capital in the fourth quarter worth approximately $52,000. Finally, Anchor Investment Management LLC acquired a new position in FS KKR Capital in the fourth quarter worth approximately $54,000. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

FS KKR Capital Stock Performance

Shares of FSK opened at $20.11 on Wednesday. The company has a market capitalization of $5.63 billion, a PE ratio of 10.70 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. FS KKR Capital Corp. has a one year low of $17.42 and a one year high of $24.10. The company’s fifty day moving average price is $20.83 and its 200 day moving average price is $21.43.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. As a group, analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $2.80 annualized dividend and a dividend yield of 13.92%. FS KKR Capital’s payout ratio is 122.49%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wells Fargo & Company decreased their target price on shares of FS KKR Capital from $19.00 to $18.00 and set an “underweight” rating for the company in a research report on Monday. Keefe, Bruyette & Woods lowered their target price 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. Royal Bank of Canada boosted their price target on FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. Finally, JPMorgan Chase & Co. decreased their price target on FS KKR Capital from $22.00 to $19.00 and set a “neutral” rating for the company in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat.com, FS KKR Capital has a consensus rating of “Hold” and a consensus price target of $19.90.

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.