FS KKR Capital Corp. (NYSE:FSK) Shares Acquired by Sentinus LLC

Sentinus LLC increased its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 6.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 367,860 shares of the company's stock after buying an additional 22,002 shares during the quarter. FS KKR Capital comprises 2.3% of Sentinus LLC's investment portfolio, making the stock its 13th biggest holding. Sentinus LLC owned about 0.13% of FS KKR Capital worth $7,990,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Kendall Capital Management lifted its position in FS KKR Capital by 2.3% during the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company's stock worth $497,000 after acquiring an additional 517 shares during the period. Endowment Wealth Management Inc. raised its stake in shares of FS KKR Capital by 0.6% during the 4th quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company's stock worth $1,977,000 after buying an additional 582 shares in the last quarter. Lloyd Advisory Services LLC. raised its stake in shares of FS KKR Capital by 6.7% during the 4th quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company's stock worth $232,000 after buying an additional 667 shares in the last quarter. Wagner Wealth Management LLC raised its stake in shares of FS KKR Capital by 6.4% during the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock worth $245,000 after buying an additional 679 shares in the last quarter. Finally, RE Dickinson Investment Advisors LLC lifted its position in shares of FS KKR Capital by 16.5% during the 4th quarter. RE Dickinson Investment Advisors LLC now owns 4,847 shares of the company's stock valued at $105,000 after acquiring an additional 686 shares during the period. Hedge funds and other institutional investors own 36.26% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on FSK shares. Keefe, Bruyette & Woods lowered their target price on FS KKR Capital from $22.00 to $19.00 and set a "market perform" rating on the stock in a report on Tuesday, April 8th. JPMorgan Chase & Co. dropped 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. Wells Fargo & Company reduced their price target on shares of FS KKR Capital from $19.00 to $18.00 and set an "underweight" rating on the stock in a report on Monday, April 28th. B. Riley assumed coverage on shares of FS KKR Capital in a report on Tuesday, May 13th. They issued a "neutral" rating and a $19.00 price target on the stock. Finally, Oppenheimer reduced their price target on shares of FS KKR Capital from $22.00 to $21.00 and set a "market perform" rating on the stock in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $19.50.

FS KKR Capital Trading Up 0.2%

Shares of FSK stock traded up $0.04 during mid-day trading on Tuesday, hitting $21.40. 734,868 shares of the company's stock were exchanged, compared to its average volume of 1,473,298. FS KKR Capital Corp. has a fifty-two week low of $17.42 and a fifty-two week high of $24.10. The stock has a 50-day simple moving average of $20.13 and a two-hundred day simple moving average of $21.42. 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 $5.99 billion, a price-to-earnings ratio of 11.38 and a beta of 0.98.

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

FS KKR Capital Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 18th will be given a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 11.96%. The ex-dividend date is Wednesday, June 18th. FS KKR Capital's dividend payout ratio (DPR) is currently 134.74%.

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.