Shufro Rose & Co. LLC Has $27.14 Million Holdings in FS KKR Capital Corp. (NYSE:FSK)

Shufro Rose & Co. LLC lessened its holdings in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,249,499 shares of the company's stock after selling 36,617 shares during the quarter. FS KKR Capital accounts for approximately 2.1% of Shufro Rose & Co. LLC's investment portfolio, making the stock its 16th biggest position. Shufro Rose & Co. LLC owned about 0.45% of FS KKR Capital worth $27,139,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FSK. Barclays PLC boosted its position in shares of FS KKR Capital by 24.8% in the third quarter. Barclays PLC now owns 327,469 shares of the company's stock valued at $6,460,000 after acquiring an additional 65,054 shares during the period. Secure Asset Management LLC boosted its position in shares of FS KKR Capital by 34.7% in the fourth quarter. Secure Asset Management LLC now owns 21,200 shares of the company's stock valued at $460,000 after acquiring an additional 5,462 shares during the period. Geneos Wealth Management Inc. lifted its position in FS KKR Capital by 1.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 342,135 shares of the company's stock worth $7,431,000 after purchasing an additional 5,825 shares during the period. Flagship Harbor Advisors LLC lifted its position in FS KKR Capital by 1.3% during the fourth quarter. Flagship Harbor Advisors LLC now owns 374,168 shares of the company's stock worth $8,127,000 after purchasing an additional 4,659 shares during the period. Finally, Andina Capital Management LLC lifted its position in FS KKR Capital by 3.7% during the fourth quarter. Andina Capital Management LLC now owns 95,627 shares of the company's stock worth $2,077,000 after purchasing an additional 3,417 shares during the period. Institutional investors own 36.26% of the company's stock.

Wall Street Analysts Forecast Growth

FSK has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Oppenheimer cut their price objective on shares of FS KKR Capital from $22.00 to $21.00 and set a "market perform" rating for the company in a research report on Friday, May 9th. B. Riley initiated coverage on shares of FS KKR Capital in a research report on Tuesday, May 13th. They set a "neutral" rating and a $19.00 price objective for the company. Keefe, Bruyette & Woods cut their price objective on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada cut their price objective on shares of FS KKR Capital from $22.00 to $21.00 and set a "sector perform" rating for the company in a research report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $19.50.

FS KKR Capital Price Performance

Shares of FSK stock traded down $0.01 on Thursday, reaching $21.33. The company had a trading volume of 705,531 shares, compared to its average volume of 1,475,974. The stock has a market capitalization of $5.97 billion, a PE ratio of 11.34 and a beta of 0.98. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a one year low of $17.42 and a one year high of $24.10. The business's 50-day moving average is $20.14 and its 200 day moving average is $21.43.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.01. The firm had revenue of $400.00 million during the quarter, compared to analysts' expectations of $395.22 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. The business's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 earnings per share. Equities research analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 18th will be issued a $0.64 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $2.56 dividend on an annualized basis and a yield of 12.00%. FS KKR Capital's dividend payout ratio (DPR) is presently 134.74%.

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.