2 weeks Ago By ABMN Staff
FS KKR Capital Corp. ( NYSE:FSK – Get Free Report ) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 4,330,000 shares, a growth of 6.
7% from the August 31st total of 4,060,000 shares. Based on an average daily volume of 1,210,000 shares, the short-interest ratio is presently 3.6 days.
Currently, 1.6% of the company’s stock are short sold. Insider Buying and Selling at FS KKR Capital In related news, CEO Michael C.
Forman sold 195,139 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $19.56, for a total value of $3,816,918.
84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . In related news, CEO Michael C.
Forman sold 195,139 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $19.56, for a total transaction of $3,816,918.
84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . Also, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction dated Thursday, August 8th.
The stock was acquired at an average cost of $19.21 per share, with a total value of $96,050.00.
Following the completion of the acquisition, the insider now directly owns 44,800 shares of the company’s stock, valued at approximately $860,608. The disclosure for this purchase can be found here . 0.
25% of the stock is owned by corporate insiders. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new stake in FS KKR Capital during the 2nd quarter valued at approximately $30,000.
Ridgewood Investments LLC acquired a new stake in shares of FS KKR Capital during the second quarter worth approximately $37,000. Mather Group LLC. bought a new stake in shares of FS KKR Capital in the first quarter worth $39,000.
Rothschild Investment LLC acquired a new stake in FS KKR Capital in the second quarter valued at $39,000. Finally, Financial Gravity Asset Management Inc. boosted its stake in FS KKR Capital by 198.
7% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 2,136 shares of the company’s stock valued at $42,000 after acquiring an additional 1,421 shares during the last quarter.
36.26% of the stock is currently owned by hedge funds and other institutional investors. FS KKR Capital Stock Down 0.
1 % FS KKR Capital ( NYSE:FSK – Get Free Report ) last posted its earnings results on Tuesday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
71 by $0.04. The business had revenue of $439.
00 million during the quarter, compared to analyst estimates of $426.41 million. FS KKR Capital had a return on equity of 12.
39% and a net margin of 35.46%. During the same quarter last year, the firm earned $0.
78 earnings per share. Sell-side analysts anticipate that FS KKR Capital will post 2.86 earnings per share for the current fiscal year.
FS KKR Capital Announces Dividend The company also recently announced a None dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 11th will be given a dividend of $0.64 per share.
The ex-dividend date of this dividend is Wednesday, September 11th. This represents a dividend yield of 13.33%.
FS KKR Capital’s payout ratio is currently 106.67%. Analyst Ratings Changes A number of research analysts have recently commented on FSK shares.
Wells Fargo & Company dropped their price objective on shares of FS KKR Capital from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th.
Royal Bank of Canada reissued a “sector perform” rating and set a $20.00 price objective on shares of FS KKR Capital in a research note on Wednesday, August 14th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock.
According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $20.06.
Read Our Latest Stock Report on FS KKR Capital FS KKR Capital Company Profile ( Get Free Report ) 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.
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