Two Sigma Investments LP Has $984,000 Holdings in FS KKR Capital Corp. (NYSE:FSK)

Two Sigma Investments LP cut its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 86.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,309 shares of the company's stock after selling 295,536 shares during the period. Two Sigma Investments LP's holdings in FS KKR Capital were worth $984,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Kendall Capital Management boosted its position in shares of FS KKR Capital by 2.3% in the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company's stock worth $497,000 after purchasing an additional 517 shares during the last quarter. Endowment Wealth Management Inc. boosted its position in shares of FS KKR Capital by 0.6% in the 4th quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company's stock worth $1,977,000 after purchasing an additional 582 shares during the last quarter. Lloyd Advisory Services LLC. boosted its position in shares of FS KKR Capital by 6.7% in the 4th quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company's stock worth $232,000 after purchasing an additional 667 shares during the last quarter. Wagner Wealth Management LLC boosted its position in shares of FS KKR Capital by 6.4% in the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock worth $245,000 after purchasing an additional 679 shares during the last quarter. Finally, RE Dickinson Investment Advisors LLC boosted its position in shares of FS KKR Capital by 16.5% in the 4th quarter. RE Dickinson Investment Advisors LLC now owns 4,847 shares of the company's stock worth $105,000 after purchasing an additional 686 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors.

FS KKR Capital Stock Up 1.2%

Shares of FSK traded up $0.26 during midday trading on Friday, hitting $21.30. The stock had a trading volume of 854,049 shares, compared to its average volume of 1,464,756. The company has a 50 day simple moving average of $20.15 and a two-hundred day simple moving average of $21.43. FS KKR Capital Corp. has a twelve month low of $17.42 and a twelve month high of $24.10. The firm has a market cap of $5.97 billion, a price-to-earnings ratio of 11.33 and a beta of 0.98. 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 (NYSE:FSK - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.01. The business had revenue of $400.00 million for the quarter, compared to the consensus estimate of $395.22 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. FS KKR Capital's quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 earnings per share. On average, analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 18th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date is Wednesday, June 18th. FS KKR Capital's dividend payout ratio is currently 134.74%.

Analyst Upgrades and Downgrades

Several analysts recently commented on FSK shares. Oppenheimer dropped their price objective on FS KKR Capital from $22.00 to $21.00 and set a "market perform" rating on the stock in a research note on Friday, May 9th. B. Riley started coverage on FS KKR Capital in a research note on Tuesday, May 13th. They set a "neutral" rating and a $19.00 price objective on the stock. JPMorgan Chase & Co. dropped their price objective on FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Royal Bank of Canada dropped their price objective on FS KKR Capital from $22.00 to $21.00 and set a "sector perform" rating on the stock in a research note on Thursday, May 15th. Finally, Wells Fargo & Company dropped their price objective on FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating on the stock in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $19.50.

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.