1 week Ago By Defense World Staff
Thrivent Financial for Lutherans raised its holdings in shares of FS KKR Capital Corp. ( NYSE:FSK – Free Report ) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 29,141 shares of the company’s stock after buying an additional 3,247 shares during the quarter. Thrivent Financial for Lutherans’ holdings in FS KKR Capital were worth $633,000 as of its most recent SEC filing. A number of other hedge funds have also modified their holdings of FSK.
McIlrath & Eck LLC lifted its stake in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after purchasing an additional 675 shares in the last quarter.
Jones Financial Companies Lllp increased its holdings 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 valued at $51,000 after purchasing an additional 1,554 shares during the last quarter.
FNY Investment Advisers LLC purchased a new position in FS KKR Capital during the fourth quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in FS KKR Capital by 122.
6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after buying an additional 1,520 shares during the last quarter.
Finally, Roxbury Financial LLC purchased a new stake in FS KKR Capital in the 4th quarter valued at $69,000. 36.26% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes Several analysts have recently weighed in on the stock. Keefe, Bruyette & Woods increased their price target on shares of FS KKR Capital from $21.00 to $22.
00 and gave the company a “market perform” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. increased their price objective on FS KKR Capital from $20.
00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Wells Fargo & Company downgraded FS KKR Capital from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $21.
00 to $19.00 in a research report on Monday, March 17th. Royal Bank of Canada increased their price target on 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, B.
Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a report on Wednesday, December 11th.
One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, FS KKR Capital currently has an average rating of “Hold” and a consensus price target of $21.
30. FS KKR Capital Price Performance Shares of NYSE FSK opened at $21.30 on Thursday.
The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.
96. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 11.
33 and a beta of 1.22. The stock’s 50-day moving average is $22.
47 and its two-hundred day moving average is $21.51. FS KKR Capital Corp.
has a 1-year low of $18.53 and a 1-year high of $24.10.
FS KKR Capital ( NYSE:FSK – Get Free Report ) last released its earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share 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 firm had revenue of $407.
00 million for the quarter, compared to analysts’ expectations of $419.97 million. Analysts forecast that FS KKR Capital Corp.
will post 2.89 EPS for the current fiscal year. FS KKR Capital Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd.
Stockholders of record on Wednesday, March 19th were issued a $0.70 dividend. The ex-dividend date was Wednesday, March 19th.
This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.15%.
FS KKR Capital’s payout ratio is 122.49%. About FS KKR Capital ( 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.S.
Read More Five stocks we like better than FS KKR Capital 3 Warren Buffett Stocks to Buy Now Homebuilders in Freefall: Bargain Opportunity or Falling Knife? What is the Nasdaq? Complete Overview with History The 3 Most Talked About Investments on WallStreetBets Right Now What is a Special Dividend? Analyst Targets Signal More Growth in CrowdStrike Stock 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:FSK – Free Report ).
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