M Holdings Securities Inc. Acquires 10,908 Shares of FS KKR Capital Corp. (NYSE:FSK)

M Holdings Securities Inc. lifted its holdings in FS KKR Capital Corp. (NYSE:FSK – Get Rating) by 100.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,800 shares of the company’s stock after purchasing an additional 10,908 shares during the period. M Holdings Securities Inc.’s holdings in FS KKR Capital were worth $370,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Kathmere Capital Management LLC increased its stake in shares of FS KKR Capital by 0.9% in the second quarter. Kathmere Capital Management LLC now owns 60,494 shares of the company’s stock worth $1,175,000 after purchasing an additional 563 shares during the period. Integrated Advisors Network LLC increased its stake in shares of FS KKR Capital by 0.6% in the second quarter. Integrated Advisors Network LLC now owns 93,723 shares of the company’s stock worth $1,820,000 after purchasing an additional 568 shares during the period. Bickling Financial Services Inc. increased its stake in shares of FS KKR Capital by 3.0% in the third quarter. Bickling Financial Services Inc. now owns 21,218 shares of the company’s stock worth $360,000 after purchasing an additional 609 shares during the period. Hexagon Capital Partners LLC increased its stake in FS KKR Capital by 31.4% during the third quarter. Hexagon Capital Partners LLC now owns 2,610 shares of the company’s stock valued at $44,000 after acquiring an additional 623 shares during the period. Finally, Neuberger Berman Group LLC increased its stake in FS KKR Capital by 0.3% during the third quarter. Neuberger Berman Group LLC now owns 205,862 shares of the company’s stock valued at $3,489,000 after acquiring an additional 641 shares during the period. 41.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FSK shares. Keefe, Bruyette & Woods boosted their price target on FS KKR Capital from $21.00 to $21.50 and gave the company a “market perform” rating in a research note on Wednesday, March 1st. Wells Fargo & Company boosted their price target on FS KKR Capital from $18.50 to $19.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 1st.

FS KKR Capital Stock Down 1.8 %

NYSE FSK opened at $17.45 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 1.24. The stock’s 50 day moving average is $19.22 and its two-hundred day moving average is $19.05. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 54.53 and a beta of 1.39. FS KKR Capital Corp. has a 1-year low of $16.70 and a 1-year high of $23.23.

FS KKR Capital (NYSE:FSK – Get Rating) last announced its earnings results on Monday, February 27th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.75 by $0.06. The company had revenue of $449.00 million for the quarter, compared to analysts’ expectations of $431.49 million. FS KKR Capital had a return on equity of 11.33% and a net margin of 5.63%. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 earnings per share. Equities analysts forecast that FS KKR Capital Corp. will post 3.1 earnings per share for the current fiscal year.

FS KKR Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Wednesday, March 15th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 16.05%. The ex-dividend date is Tuesday, March 14th. This is a boost from FS KKR Capital’s previous quarterly dividend of $0.68. FS KKR Capital’s dividend payout ratio is presently 762.50%.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Brian Gerson bought 3,000 shares of the firm’s stock in a transaction dated Tuesday, March 7th. The shares were bought at an average price of $19.69 per share, for a total transaction of $59,070.00. Following the completion of the acquisition, the insider now owns 17,095 shares of the company’s stock, valued at $336,600.55. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Elizabeth Sandler bought 2,500 shares of FS KKR Capital stock in a transaction on Thursday, March 9th. The shares were purchased at an average price of $19.64 per share, for a total transaction of $49,100.00. Following the completion of the acquisition, the director now owns 4,640 shares in the company, valued at $91,129.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Brian Gerson bought 3,000 shares of FS KKR Capital stock in a transaction on Tuesday, March 7th. The shares were bought at an average price of $19.69 per share, for a total transaction of $59,070.00. Following the acquisition, the insider now owns 17,095 shares of the company’s stock, valued at approximately $336,600.55. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company’s stock.

About FS KKR Capital

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FS KKR Capital Corp investment company located in US with an EBITDA of $25 to $100 million. The fund focus on Broad range of sectors. It participates in debt and buyout capital transactions.