153,883 Shares in FS KKR Capital Corp. (NYSE:FSK) Purchased by Venture Visionary Partners LLC

Venture Visionary Partners LLC acquired a new stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 153,883 shares of the company's stock, valued at approximately $3,073,000. Venture Visionary Partners LLC owned approximately 0.05% of FS KKR Capital as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Independent Wealth Network Inc. raised its position in FS KKR Capital by 2.1% during the 3rd quarter. Independent Wealth Network Inc. now owns 24,876 shares of the company's stock worth $490,000 after purchasing an additional 514 shares during the last quarter. Bank of New York Mellon Corp raised its position in FS KKR Capital by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 96,524 shares of the company's stock worth $1,901,000 after purchasing an additional 570 shares during the last quarter. Beacon Financial Advisory LLC raised its position in FS KKR Capital by 1.0% during the 3rd quarter. Beacon Financial Advisory LLC now owns 60,278 shares of the company's stock worth $1,187,000 after purchasing an additional 572 shares during the last quarter. Raleigh Capital Management Inc. raised its position in FS KKR Capital by 20.8% during the 3rd quarter. Raleigh Capital Management Inc. now owns 3,337 shares of the company's stock worth $66,000 after purchasing an additional 575 shares during the last quarter. Finally, IFG Advisory LLC raised its position in shares of FS KKR Capital by 0.7% in the 4th quarter. IFG Advisory LLC now owns 88,292 shares of the company's stock worth $1,763,000 after acquiring an additional 633 shares in the last quarter. 36.26% of the stock is owned by institutional investors.

Insider Buying and Selling at FS KKR Capital

In related news, insider Daniel Pietrzak purchased 7,300 shares of the business's stock in a transaction on Wednesday, February 28th. The stock was acquired at an average price of $18.73 per share, for a total transaction of $136,729.00. Following the purchase, the insider now owns 39,800 shares of the company's stock, valued at $745,454. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.22% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price objective on FS KKR Capital from $19.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Monday, January 29th. JPMorgan Chase & Co. lowered their price objective on FS KKR Capital from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Wednesday, February 28th. Truist Financial lowered their price objective on FS KKR Capital from $22.00 to $20.00 and set a "hold" rating for the company in a research report on Wednesday, February 28th. Compass Point lowered FS KKR Capital from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $21.50 to $19.50 in a research report on Tuesday, February 27th. Finally, Hovde Group reissued a "market perform" rating and issued a $20.00 price objective on shares of FS KKR Capital in a research report on Wednesday, February 28th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $20.06.

FS KKR Capital Stock Up 1.1 %

FS KKR Capital stock traded up $0.21 during midday trading on Friday, reaching $19.18. The stock had a trading volume of 1,029,257 shares, compared to its average volume of 1,561,921. FS KKR Capital Corp. has a 12 month low of $17.50 and a 12 month high of $20.99. The company has a market capitalization of $5.37 billion, a P/E ratio of 7.70 and a beta of 1.25. The company has a fifty day moving average price of $19.42 and a two-hundred day moving average price of $19.71. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 1.20.

FS KKR Capital (NYSE:FSK - Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.75 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.75. The business had revenue of $447.00 million during the quarter, compared to the consensus estimate of $452.39 million. FS KKR Capital had a return on equity of 12.56% and a net margin of 38.03%. During the same quarter in the previous year, the business earned $0.81 EPS. As a group, equities analysts expect that FS KKR Capital Corp. will post 2.83 EPS for the current fiscal year.

FS KKR Capital Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Wednesday, March 13th were paid a dividend of $0.64 per share. The ex-dividend date was Tuesday, March 12th. This represents a $2.56 dividend on an annualized basis and a yield of 13.35%. FS KKR Capital's dividend payout ratio (DPR) is currently 102.81%.

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.