FS KKR Capital (NYSE:FSK) Now Covered by Analysts at B. Riley

Research analysts at B. Riley initiated coverage on shares of FS KKR Capital (NYSE:FSK - Get Free Report) in a report released on Tuesday. The firm set a "neutral" rating and a $19.00 price target on the stock. B. Riley's target price points to a potential downside of 9.13% from the stock's previous close.

Several other brokerages also recently issued reports on FSK. Oppenheimer reduced their price objective on FS KKR Capital from $22.00 to $21.00 and set a "market perform" rating for the company in a research report on Friday. Royal Bank of Canada upped their price target on FS KKR Capital from $21.00 to $22.00 and gave the company a "sector perform" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. reduced their target price on shares of 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. Keefe, Bruyette & Woods cut their price target on shares of FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating for the company in a report on Tuesday, April 8th. Finally, Wells Fargo & Company decreased their price target on shares of FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating for the company in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $19.67.

FS KKR Capital Stock Performance

NYSE:FSK traded up $0.33 during midday trading on Tuesday, reaching $20.91. The stock had a trading volume of 265,857 shares, compared to its average volume of 1,835,140. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a market cap of $5.86 billion, a P/E ratio of 11.12 and a beta of 0.98. FS KKR Capital has a 12-month low of $17.42 and a 12-month high of $24.10. The firm has a fifty day simple moving average of $20.24 and a two-hundred day simple moving average of $21.39.

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

Institutional Investors Weigh In On FS KKR Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSK. Sunbelt Securities Inc. boosted its position in shares of FS KKR Capital by 1.3% during the fourth quarter. Sunbelt Securities Inc. now owns 33,447 shares of the company's stock valued at $726,000 after purchasing an additional 423 shares in the last quarter. Kendall Capital Management lifted its stake in shares of FS KKR Capital by 2.3% during the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company's stock valued at $497,000 after buying an additional 517 shares in the last quarter. Kathmere Capital Management LLC lifted its position in FS KKR Capital by 1.4% during the first quarter. Kathmere Capital Management LLC now owns 41,258 shares of the company's stock valued at $864,000 after purchasing an additional 562 shares during the last quarter. Endowment Wealth Management Inc. boosted its holdings in FS KKR Capital by 0.6% in the fourth quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company's stock valued at $1,977,000 after purchasing an additional 582 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC lifted its holdings in shares of FS KKR Capital by 1.2% in the 1st quarter. Liberty Square Wealth Partners LLC now owns 52,508 shares of the company's stock valued at $1,100,000 after buying an additional 602 shares during the period. 36.26% of the stock is currently owned by institutional investors.

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.

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