Creative Financial Designs Inc. ADV Has $328,000 Position in FS KKR Capital Corp. (NYSE:FSK)

Creative Financial Designs Inc. ADV grew its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 22.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,119 shares of the company’s stock after acquiring an additional 2,735 shares during the period. Creative Financial Designs Inc. ADV’s holdings in FS KKR Capital were worth $328,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Rockport Wealth LLC grew its holdings in FS KKR Capital by 29.6% during the 4th quarter. Rockport Wealth LLC now owns 14,710 shares of the company’s stock worth $313,000 after acquiring an additional 3,360 shares during the period. GWN Securities Inc. acquired a new stake in FS KKR Capital during the 4th quarter worth about $626,000. Harbour Investments Inc. grew its holdings in FS KKR Capital by 2.5% during the 4th quarter. Harbour Investments Inc. now owns 391,647 shares of the company’s stock worth $8,507,000 after acquiring an additional 9,612 shares during the period. Ascent Capital Management LLC acquired a new stake in FS KKR Capital during the 4th quarter worth about $470,000. Finally, First National Trust Co grew its holdings in FS KKR Capital by 144.3% during the 4th quarter. First National Trust Co now owns 236,098 shares of the company’s stock worth $5,128,000 after acquiring an additional 139,462 shares during the period. 36.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on FSK. B. Riley downgraded FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target for the company. in a report on Wednesday, December 11th. Keefe, Bruyette & Woods raised their target price on 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. 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 note on Monday. JPMorgan Chase & Co. raised their target price on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada raised their target price on FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, FS KKR Capital currently has an average rating of “Hold” and an average price target of $21.30.

FS KKR Capital Price Performance

Shares of NYSE FSK opened at $20.48 on Thursday. FS KKR Capital Corp. has a fifty-two week low of $18.38 and a fifty-two week high of $24.10. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 10.89 and a beta of 1.22. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The firm’s 50-day simple moving average is $22.64 and its 200 day simple moving average is $21.43.

FS KKR Capital (NYSE:FSK) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. The business had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. As a group, research analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be given a $0.70 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 13.67%. FS KKR Capital’s payout ratio is 122.49%.

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.