Gerber Kawasaki Wealth & Investment Management Has $4.80 Million Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Gerber Kawasaki Wealth & Investment Management grew its stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 61.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 220,827 shares of the company's stock after purchasing an additional 83,643 shares during the quarter. Gerber Kawasaki Wealth & Investment Management owned approximately 0.08% of FS KKR Capital worth $4,796,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its stake in FS KKR Capital by 86.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company's stock valued at $4,878,000 after acquiring an additional 104,016 shares in the last quarter. Inspire Advisors LLC raised its stake in FS KKR Capital by 28.6% during the 4th quarter. Inspire Advisors LLC now owns 109,919 shares of the company's stock valued at $2,387,000 after acquiring an additional 24,443 shares in the last quarter. Proactive Wealth Strategies LLC raised its stake in shares of FS KKR Capital by 24.8% in the 4th quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company's stock worth $1,411,000 after buying an additional 12,926 shares in the last quarter. Graypoint LLC raised its stake in shares of FS KKR Capital by 23.1% in the 4th quarter. Graypoint LLC now owns 139,504 shares of the company's stock worth $3,030,000 after buying an additional 26,174 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in shares of FS KKR Capital by 15.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 205,935 shares of the company's stock worth $4,473,000 after buying an additional 27,110 shares in the last quarter. Institutional investors and hedge funds own 36.26% of the company's stock.

Analysts Set New Price Targets

FSK has been the topic of a number of research reports. 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. 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. Keefe, Bruyette & Woods dropped their price objective on FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 8th. Finally, Royal Bank of Canada boosted their price objective on FS KKR Capital from $21.00 to $22.00 and gave the stock a "sector perform" rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat.com, FS KKR Capital presently has an average rating of "Hold" and an average target price of $19.90.

FS KKR Capital Trading Down 0.7 %

Shares of FS KKR Capital stock traded down $0.15 on Thursday, reaching $19.75. 489,638 shares of the company were exchanged, compared to its average volume of 1,888,910. The stock has a fifty day moving average price of $20.75 and a 200-day moving average price of $21.42. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of 10.50 and a beta of 0.98. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a fifty-two week low of $17.42 and a fifty-two week high of $24.10.

FS KKR Capital (NYSE:FSK - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). The company had revenue of $407.00 million for the quarter, compared to analyst estimates of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. On average, analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 14.18%. The ex-dividend date of this dividend was Wednesday, March 19th. FS KKR Capital's payout ratio is 122.49%.

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.