24,123 Shares in FS KKR Capital Corp. $FSK Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC acquired a new stake in shares of FS KKR Capital Corp. (NYSE:FSK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,123 shares of the company’s stock, valued at approximately $501,000.

Several other large investors have also recently made changes to their positions in the company. Bison Wealth LLC grew its holdings in FS KKR Capital by 3.4% during the 4th quarter. Bison Wealth LLC now owns 21,935 shares of the company’s stock valued at $476,000 after buying an additional 720 shares in the last quarter. Janney Montgomery Scott LLC increased its position in FS KKR Capital by 3.2% in the first quarter. Janney Montgomery Scott LLC now owns 43,179 shares of the company’s stock worth $905,000 after purchasing an additional 1,328 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in FS KKR Capital by 5.9% during the first quarter. Oppenheimer & Co. Inc. now owns 16,971 shares of the company’s stock valued at $356,000 after purchasing an additional 945 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its position in FS KKR Capital by 5.9% during the first quarter. Jaffetilchin Investment Partners LLC now owns 18,405 shares of the company’s stock valued at $386,000 after purchasing an additional 1,028 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of FS KKR Capital by 35.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,920 shares of the company’s stock worth $607,000 after buying an additional 7,620 shares in the last quarter. 36.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Royal Bank Of Canada dropped their price target on FS KKR Capital from $21.00 to $18.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 26th. Wells Fargo & Company raised FS KKR Capital from an “underweight” rating to an “equal weight” rating and set a $15.00 target price on the stock in a research report on Monday, October 6th. Keefe, Bruyette & Woods lowered their price target on FS KKR Capital from $19.00 to $18.50 and set a “market perform” rating for the company in a research report on Tuesday, August 12th. Zacks Research upgraded shares of FS KKR Capital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 8th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of FS KKR Capital in a report on Saturday. Eight investment analysts have rated the stock with a Hold rating, According to MarketBeat, FS KKR Capital currently has a consensus rating of “Hold” and a consensus target price of $17.75.

FS KKR Capital Stock Up 1.4%

Shares of FSK opened at $15.26 on Friday. The firm has a fifty day moving average price of $16.26 and a 200-day moving average price of $19.05. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.40 and a quick ratio of 2.40. FS KKR Capital Corp. has a 12-month low of $14.05 and a 12-month high of $24.10.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings data on Wednesday, August 6th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($1.23). The company had revenue of $398.00 million during the quarter, compared to analysts’ expectations of $402.00 million. FS KKR Capital had a net margin of 13.24% and a return on equity of 6.24%. During the same period last year, the firm earned $0.75 earnings per share. On average, equities analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 16.8%. The ex-dividend date is Wednesday, December 3rd. FS KKR Capital’s dividend payout ratio (DPR) is presently 328.21%.

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.