FS KKR Capital Corp. (NYSE:FSK) Holdings Raised by MGO One Seven LLC

MGO One Seven LLC increased its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 455,731 shares of the company's stock after purchasing an additional 26,217 shares during the quarter. MGO One Seven LLC owned 0.16% of FS KKR Capital worth $9,898,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FSK. Generali Asset Management SPA SGR purchased a new position in shares of FS KKR Capital during the 4th quarter worth about $17,608,000. Van ECK Associates Corp increased its position in FS KKR Capital by 11.7% during the fourth quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company's stock worth $139,469,000 after purchasing an additional 673,420 shares during the last quarter. Transce3nd LLC purchased a new position in FS KKR Capital during the fourth quarter worth approximately $11,173,000. Raymond James Financial Inc. acquired a new stake in shares of FS KKR Capital during the 4th quarter worth $6,499,000. Finally, Strategic Financial Concepts LLC raised its position in shares of FS KKR Capital by 2,029.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 303,529 shares of the company's stock worth $6,593,000 after buying an additional 289,278 shares during the period. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on FSK shares. Wells Fargo & Company dropped their price objective on shares of FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating for the company in a research report on Monday. JPMorgan Chase & Co. dropped their target price on FS KKR Capital from $22.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday. Keefe, Bruyette & Woods decreased their price target on 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, Royal Bank of Canada increased their price objective on shares of 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. One investment 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 presently has an average rating of "Hold" and a consensus target price of $19.90.

FS KKR Capital Stock Performance

Shares of FSK stock remained flat at $20.17 during mid-day trading on Monday. 465,265 shares of the stock were exchanged, compared to its average volume of 1,485,988. The company has a market capitalization of $5.65 billion, a P/E ratio of 10.72 and a beta of 0.98. The company has a fifty day moving average price of $20.98 and a 200 day moving average price of $21.44. 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 twelve month low of $17.42 and a twelve month high of $24.10.

FS KKR Capital (NYSE:FSK - Get Free Report) last released its 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). FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $407.00 million for the quarter, compared to the consensus estimate of $419.97 million. On average, analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $2.80 dividend on an annualized basis and a yield of 13.88%. FS KKR Capital's payout ratio is currently 122.49%.

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.