Intellectus Partners LLC Acquires 6,519 Shares of FS KKR Capital Corp. (NYSE:FSK)

Intellectus Partners LLC boosted its holdings in FS KKR Capital Corp. (NYSE:FSK) by 7.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 93,953 shares of the company’s stock after purchasing an additional 6,519 shares during the period. Intellectus Partners LLC’s holdings in FS KKR Capital were worth $2,041,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. McIlrath & Eck LLC lifted its stake 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 acquiring an additional 675 shares during the last quarter. Jones Financial Companies Lllp increased its stake in FS KKR Capital by 194.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock worth $51,000 after purchasing an additional 1,554 shares during the period. FNY Investment Advisers LLC bought a new stake in FS KKR Capital in the fourth quarter valued at approximately $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of FS KKR Capital by 122.6% during the fourth 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 during the period. Finally, Roxbury Financial LLC bought a new position in shares of FS KKR Capital in the fourth quarter worth approximately $69,000. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

FS KKR Capital Trading Up 3.0 %

Shares of FSK opened at $22.94 on Friday. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $24.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The firm’s 50-day moving average price is $22.69 and its 200-day moving average price is $21.34. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 12.20 and a beta of 1.22.

FS KKR Capital (NYSE:FSK) last posted its earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $407.00 million for the quarter, compared to analysts’ expectations of $419.97 million. Sell-side analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 12.21%. FS KKR Capital’s payout ratio is 122.49%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. B. Riley lowered shares of 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. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd. Royal Bank of Canada raised their target price on FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. upped their price target on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Finally, Keefe, Bruyette & Woods increased their price objective on FS KKR Capital from $21.00 to $22.00 and gave the stock a “market perform” rating in a report on Monday, March 3rd. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital presently has a consensus rating of “Hold” and a consensus price target of $21.70.

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.