Disciplined Investments LLC Raises Stake in FS KKR Capital Corp. (NYSE:FSK)

Disciplined Investments LLC boosted its position in FS KKR Capital Corp. (NYSE:FSK) by 20.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,000 shares of the company’s stock after buying an additional 2,500 shares during the period. Disciplined Investments LLC’s holdings in FS KKR Capital were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Wescott Financial Advisory Group LLC boosted its position in FS KKR Capital by 3.2% in the fourth quarter. Wescott Financial Advisory Group LLC now owns 16,200 shares of the company’s stock valued at $324,000 after buying an additional 509 shares during the last quarter. Atticus Wealth Management LLC boosted its position in FS KKR Capital by 14.1% in the first quarter. Atticus Wealth Management LLC now owns 4,552 shares of the company’s stock valued at $87,000 after buying an additional 562 shares during the last quarter. Wedbush Securities Inc. boosted its position in FS KKR Capital by 1.4% in the 2nd quarter. Wedbush Securities Inc. now owns 40,380 shares of the company’s stock worth $797,000 after purchasing an additional 573 shares in the last quarter. Focus Financial Network Inc. boosted its position in FS KKR Capital by 3.2% in the 2nd quarter. Focus Financial Network Inc. now owns 23,422 shares of the company’s stock worth $477,000 after purchasing an additional 719 shares in the last quarter. Finally, MONECO Advisors LLC boosted its position in FS KKR Capital by 4.9% in the 1st quarter. MONECO Advisors LLC now owns 15,841 shares of the company’s stock worth $302,000 after purchasing an additional 746 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Insider Activity

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were purchased at an average price of $19.21 per share, for a total transaction of $96,050.00. Following the transaction, the insider now directly owns 44,800 shares of the company’s stock, valued at approximately $860,608. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Michael C. Forman sold 195,139 shares of the stock in a transaction on Thursday, August 15th. The stock was 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 link. Also, insider Daniel Pietrzak acquired 5,000 shares of FS KKR Capital stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average cost of $19.21 per share, with a total value of $96,050.00. Following the completion of the purchase, the insider now owns 44,800 shares in the company, valued at approximately $860,608. The disclosure for this purchase can be found here. Insiders own 0.25% of the company’s stock.

FS KKR Capital Trading Down 1.1 %

Shares of NYSE:FSK opened at $19.57 on Wednesday. FS KKR Capital Corp. has a 1 year low of $18.31 and a 1 year high of $20.99. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 8.15 and a beta of 1.26. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.34 and a quick ratio of 2.34. The business’s 50 day moving average price is $19.89 and its 200-day moving average price is $19.64.

FS KKR Capital (NYSE:FSK) last announced its earnings results on Tuesday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.04. FS KKR Capital had a return on equity of 12.39% and a net margin of 35.46%. The firm had revenue of $439.00 million for the quarter, compared to analyst estimates of $426.41 million. During the same quarter last year, the firm posted $0.78 EPS. On average, equities research analysts forecast that FS KKR Capital Corp. will post 2.86 earnings per share for the current fiscal year.

FS KKR Capital Dividend Announcement

The firm also recently announced a None dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 11th will be given a dividend of $0.64 per share. The ex-dividend date is Wednesday, September 11th. This represents a dividend yield of 13.33%. FS KKR Capital’s dividend payout ratio (DPR) is 106.67%.

Analyst Upgrades and Downgrades

Several research firms have commented on FSK. Wells Fargo & Company lowered their price objective on FS KKR Capital from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Royal Bank of Canada restated a “sector perform” rating and issued a $20.00 price objective on shares of FS KKR Capital in a research report on Wednesday, August 14th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, FS KKR Capital currently has an average rating of “Hold” and a consensus target price of $20.06.

FS KKR Capital 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.