2,000 Shares in FS KKR Capital Corp. (NYSE:FSK) Purchased by Planned Solutions Inc.

Planned Solutions Inc. bought a new position in FS KKR Capital Corp. (NYSE:FSKFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,000 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds have also bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its position in FS KKR Capital by 990.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 112,128 shares of the company’s stock worth $2,239,000 after buying an additional 101,845 shares during the last quarter. GP Brinson Investments LLC raised its position in FS KKR Capital by 78.4% in the 4th quarter. GP Brinson Investments LLC now owns 517,707 shares of the company’s stock worth $10,339,000 after buying an additional 227,573 shares during the last quarter. Alpine Global Management LLC purchased a new position in FS KKR Capital in the 3rd quarter worth about $2,397,000. Integrated Wealth Concepts LLC raised its position in FS KKR Capital by 3.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 74,985 shares of the company’s stock worth $1,476,000 after buying an additional 2,627 shares during the last quarter. Finally, LPL Financial LLC raised its position in FS KKR Capital by 2.3% in the 3rd quarter. LPL Financial LLC now owns 2,997,068 shares of the company’s stock worth $59,012,000 after buying an additional 66,636 shares during the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak purchased 7,300 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $18.73 per share, for a total transaction of $136,729.00. Following the purchase, the insider now directly owns 39,800 shares of the company’s stock, valued at approximately $745,454. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.22% of the stock is currently owned by corporate insiders.

FS KKR Capital Trading Up 0.6 %

Shares of NYSE:FSK opened at $19.07 on Friday. The stock has a 50 day moving average of $19.61 and a 200 day moving average of $19.75. The company has a market cap of $5.34 billion, a PE ratio of 7.66 and a beta of 1.24. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 1.20. FS KKR Capital Corp. has a 12-month low of $17.50 and a 12-month high of $20.99.

FS KKR Capital (NYSE:FSKGet Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.75 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.75. The company had revenue of $447.00 million during the quarter, compared to the consensus estimate of $452.39 million. FS KKR Capital had a return on equity of 12.56% and a net margin of 38.03%. During the same period in the previous year, the company posted $0.81 EPS. As a group, equities research analysts expect that FS KKR Capital Corp. will post 2.83 EPS for the current year.

FS KKR Capital Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Wednesday, March 13th will be paid a $0.64 dividend. The ex-dividend date is Tuesday, March 12th. This represents a $2.56 annualized dividend and a yield of 13.43%. FS KKR Capital’s payout ratio is 102.81%.

Analyst Ratings Changes

Several equities research analysts have recently commented on FSK shares. Truist Financial reduced their price target on shares of FS KKR Capital from $22.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, February 28th. JPMorgan Chase & Co. reduced their price target on shares of FS KKR Capital from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Wednesday, February 28th. Wells Fargo & Company upped their price target on shares of FS KKR Capital from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, January 29th. Hovde Group reaffirmed a “market perform” rating and set a $20.00 price target on shares of FS KKR Capital in a research report on Wednesday, February 28th. Finally, Royal Bank of Canada reduced their price target on shares of FS KKR Capital from $21.00 to $20.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 28th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, FS KKR Capital has an average rating of “Hold” and a consensus price target of $20.06.

Get Our Latest Stock Analysis on FSK

FS KKR Capital Profile

(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.

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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:FSKFree Report).

Institutional Ownership by Quarter for FS KKR Capital (NYSE:FSK)

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