Jump Financial LLC Sells 26,799 Shares of FS KKR Capital Corp. (NYSE:FSK)

Jump Financial LLC decreased its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 64.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,850 shares of the company's stock after selling 26,799 shares during the quarter. Jump Financial LLC's holdings in FS KKR Capital were worth $323,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in FS KKR Capital during the 4th quarter worth approximately $54,000. M Holdings Securities Inc. bought a new stake in shares of FS KKR Capital during the fourth quarter worth $881,000. Guggenheim Capital LLC raised its holdings in shares of FS KKR Capital by 6.4% during the fourth quarter. Guggenheim Capital LLC now owns 26,284 shares of the company's stock worth $571,000 after acquiring an additional 1,583 shares during the period. LaSalle St. Investment Advisors LLC bought a new stake in FS KKR Capital in the 4th quarter valued at $521,000. Finally, XTX Topco Ltd boosted its stake in FS KKR Capital by 75.9% in the 4th quarter. XTX Topco Ltd now owns 53,224 shares of the company's stock worth $1,156,000 after purchasing an additional 22,961 shares during the period. Institutional investors own 36.26% of the company's stock.

FS KKR Capital Stock Down 0.9 %

Shares of NYSE FSK traded down $0.18 during trading hours on Thursday, hitting $19.72. The company had a trading volume of 647,666 shares, compared to its average volume of 1,484,595. FS KKR Capital Corp. has a 1-year low of $17.42 and a 1-year high of $24.10. 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 firm's 50 day moving average is $20.75 and its 200-day moving average is $21.42. The stock has a market capitalization of $5.52 billion, a P/E ratio of 10.49 and a beta of 0.98.

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

FS KKR Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th were paid a $0.70 dividend. The ex-dividend date was Wednesday, March 19th. This represents a $2.80 annualized dividend and a yield of 14.20%. FS KKR Capital's dividend payout ratio is 122.49%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FSK shares. Wells Fargo & Company cut their price target on FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating on the stock in a report on Monday. Keefe, Bruyette & Woods reduced their price target on 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. Royal Bank of Canada raised their price target on shares of 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. Finally, JPMorgan Chase & Co. reduced their target price on shares of FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $19.90.

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.