FS KKR Capital Corp. (NYSE:FSK) Director Elizabeth Sandler Buys 1,000 Shares

FS KKR Capital Corp. (NYSE:FSK) Director Elizabeth Sandler bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were acquired at an average price of $21.23 per share, for a total transaction of $21,230.00. Following the transaction, the director now owns 7,700 shares in the company, valued at $163,471. This represents a 14.93 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

FS KKR Capital Trading Down 0.3 %

NYSE:FSK opened at $21.30 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $22.39. The company has a market cap of $5.97 billion, a PE ratio of 11.33 and a beta of 1.25. The firm has a 50-day moving average of $20.80 and a 200-day moving average of $20.23.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.04. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $441.00 million during the quarter, compared to analyst estimates of $423.58 million. During the same period in the previous year, the company posted $0.80 EPS. As a group, equities research analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Increases Dividend

The business also recently declared a None dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be given a $0.70 dividend. This is a positive change from FS KKR Capital’s previous None dividend of $0.64. This represents a yield of 12.7%. The ex-dividend date of this dividend is Wednesday, December 4th. FS KKR Capital’s dividend payout ratio is presently 136.17%.

Analyst Ratings Changes

FSK has been the topic of a number of research analyst reports. Wells Fargo & Company restated an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday. Royal Bank of Canada raised their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, FS KKR Capital presently has an average rating of “Hold” and a consensus price target of $20.19.

Hedge Funds Weigh In On FS KKR Capital

A number of hedge funds have recently bought and sold shares of the company. Atlas Private Wealth Advisors boosted its stake in shares of FS KKR Capital by 83.6% in the 2nd quarter. Atlas Private Wealth Advisors now owns 20,560 shares of the company’s stock worth $406,000 after buying an additional 9,361 shares during the last quarter. Sharp Financial Services LLC bought a new position in FS KKR Capital in the 2nd quarter valued at $489,000. Diligent Investors LLC increased its position in shares of FS KKR Capital by 2.2% during the 2nd quarter. Diligent Investors LLC now owns 69,262 shares of the company’s stock valued at $1,367,000 after purchasing an additional 1,463 shares during the last quarter. Sterling Group Wealth Management LLC bought a new stake in shares of FS KKR Capital during the 2nd quarter worth $1,487,000. Finally, Strong Tower Advisory Services boosted its holdings in shares of FS KKR Capital by 8.2% in the 2nd quarter. Strong Tower Advisory Services now owns 981,270 shares of the company’s stock worth $19,360,000 after buying an additional 73,967 shares during the last quarter. 36.26% of the stock is owned by hedge funds and other institutional investors.

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.