HUB Investment Partners LLC Purchases Shares of 10,200 FS KKR Capital Corp. (NYSE:FSK)

HUB Investment Partners LLC purchased a new stake in FS KKR Capital Corp. (NYSE:FSK) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,200 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. McIlrath & Eck LLC raised its holdings in shares of FS KKR Capital by 47.5% in 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 raised its holdings in shares of FS KKR Capital by 194.5% in the 4th 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 in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital in the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after purchasing an additional 1,520 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in shares of 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.

FS KKR Capital Trading Up 1.1 %

NYSE FSK opened at $20.69 on Friday. 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 has a market cap of $5.80 billion, a PE ratio of 11.01 and a beta of 1.22. FS KKR Capital Corp. has a one year low of $18.53 and a one year high of $24.10. The firm’s fifty day moving average is $22.61 and its two-hundred day moving average is $21.44.

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). The business had revenue of $407.00 million during the quarter, compared to analyst estimates of $419.97 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. Analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $2.80 dividend on an annualized basis and a yield of 13.53%. FS KKR Capital’s dividend payout ratio is presently 122.49%.

Analyst Ratings Changes

FSK has been the topic of a number of analyst reports. Royal Bank of Canada raised their price objective on shares of FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target on the stock. in a research note on Wednesday, December 11th. Keefe, Bruyette & Woods lifted their price target on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a “market perform” rating in a research note on Monday, March 3rd. Wells Fargo & Company lowered shares of FS KKR Capital from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $21.00 to $19.00 in a research note on Monday, March 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $21.30.

About FS KKR Capital

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.