Disciplined Investments LLC Boosts Holdings in FS KKR Capital Corp. (NYSE:FSK)

Disciplined Investments LLC grew its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 30.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,500 shares of the company’s stock after acquiring an additional 4,500 shares during the quarter. Disciplined Investments LLC’s holdings in FS KKR Capital were worth $424,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. McIlrath & Eck LLC raised its stake in shares of FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after acquiring an additional 675 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of FS KKR Capital by 194.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock worth $51,000 after acquiring an additional 1,554 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of FS KKR Capital during the fourth quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after acquiring an additional 1,520 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of FS KKR Capital during the fourth quarter worth approximately $69,000. 36.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the acquisition, the insider now owns 49,800 shares in the company, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have acquired 6,500 shares of company stock worth $138,510. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

FSK has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. B. Riley cut shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a report on Wednesday, December 11th. Royal Bank of Canada raised their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Monday. Wells Fargo & Company restated an “equal weight” rating and issued a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Finally, Keefe, Bruyette & Woods raised their target price on shares of FS KKR Capital from $21.00 to $22.00 and gave the stock a “market perform” rating in a report on Monday. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $21.70.

FS KKR Capital Stock Performance

NYSE:FSK opened at $23.13 on Tuesday. The stock has a market cap of $6.48 billion, a P/E ratio of 12.30 and a beta of 1.25. The firm’s fifty day simple moving average is $22.61 and its 200 day simple moving average is $21.28. FS KKR Capital Corp. has a twelve month low of $18.31 and a twelve month 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.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). The company had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. As a group, research analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 12.11%. The ex-dividend date is Wednesday, March 19th. FS KKR Capital’s dividend payout ratio (DPR) 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.