Roman Butler Fullerton & Co. Purchases 10,965 Shares of FS KKR Capital Corp. (NYSE:FSK)

Roman Butler Fullerton & Co. boosted its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 96.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,308 shares of the company’s stock after purchasing an additional 10,965 shares during the period. Roman Butler Fullerton & Co.’s holdings in FS KKR Capital were worth $452,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in FSK. Summit Securities Group LLC bought a new position in FS KKR Capital during the 2nd quarter worth about $30,000. Ridgewood Investments LLC bought a new position in FS KKR Capital during the 2nd quarter worth about $37,000. Rothschild Investment LLC bought a new position in FS KKR Capital during the 2nd quarter worth about $39,000. Financial Gravity Asset Management Inc. increased its holdings in FS KKR Capital by 198.7% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 2,136 shares of the company’s stock worth $42,000 after purchasing an additional 1,421 shares in the last quarter. Finally, New Millennium Group LLC bought a new position in FS KKR Capital during the 2nd quarter worth about $50,000. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Trading Down 0.5 %

Shares of NYSE:FSK opened at $20.14 on Monday. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $20.99. The company has a market capitalization of $5.64 billion, a P/E ratio of 8.91 and a beta of 1.25. The company has a 50-day simple moving average of $20.07 and a 200 day simple moving average of $19.92. The company has a debt-to-equity ratio of 1.19, a quick ratio of 2.34 and a current ratio of 2.34.

FS KKR Capital (NYSE:FSK) last issued its earnings results on Tuesday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.04. The business had revenue of $439.00 million during the quarter, compared to the consensus estimate of $426.41 million. FS KKR Capital had a net margin of 35.46% and a return on equity of 12.39%. During the same period last year, the business posted $0.78 EPS. Sell-side analysts forecast that FS KKR Capital Corp. will post 2.86 earnings per share for the current year.

FS KKR Capital Increases Dividend

The business also recently disclosed a None dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, December 4th. This is an increase from FS KKR Capital’s previous None dividend of $0.64. This represents a yield of 12.7%. FS KKR Capital’s dividend payout ratio (DPR) is 113.27%.

Insiders Place Their Bets

In related news, insider Daniel Pietrzak acquired 5,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of $19.21 per share, for a total transaction of $96,050.00. Following the completion of the transaction, the insider now directly owns 44,800 shares of the company’s stock, valued at approximately $860,608. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Michael C. Forman sold 195,139 shares of FS KKR Capital stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $19.56, for a total value of $3,816,918.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel Pietrzak purchased 5,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was acquired at an average price of $19.21 per share, with a total value of $96,050.00. Following the completion of the transaction, the insider now owns 44,800 shares of the company’s stock, valued at $860,608. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.25% of the company’s stock.

Analyst Upgrades and Downgrades

FSK has been the subject of several analyst reports. Wells Fargo & Company decreased their price objective on FS KKR Capital from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Royal Bank of Canada restated a “sector perform” rating and issued a $20.00 price objective on shares of FS KKR Capital in a report on Wednesday, August 14th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.94.

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.