FS KKR Capital Corp. (NYSE:FSK) Shares Bought by Muzinich & Co. Inc.

Muzinich & Co. Inc. raised its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 9.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 560,981 shares of the company’s stock after purchasing an additional 46,542 shares during the period. FS KKR Capital accounts for approximately 7.6% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 4th largest holding. Muzinich & Co. Inc.’s holdings in FS KKR Capital were worth $12,185,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FSK. McIlrath & Eck LLC lifted its holdings in shares of FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after acquiring an additional 675 shares during the period. FNY Investment Advisers LLC purchased a new position in FS KKR Capital during the fourth quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of FS KKR Capital by 122.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after buying an additional 1,520 shares during the period. Roxbury Financial LLC acquired a new stake in shares of FS KKR Capital during the 4th quarter worth $69,000. Finally, Nomura Asset Management Co. Ltd. raised its position in shares of FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock worth $119,000 after buying an additional 3,744 shares during the period. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Insider Buying and Selling at FS KKR Capital

In related news, insider Daniel Pietrzak acquired 5,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were bought 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 $1,061,238. This trade represents a 11.16 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired 11,500 shares of company stock valued at $248,910 in the last 90 days. 0.25% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FSK. B. Riley cut shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target for the company. in a research report on Wednesday, December 11th. Royal Bank of Canada lifted their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Monday, November 18th. Wells Fargo & Company restated an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, JPMorgan Chase & Co. upped their price target on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital has a consensus rating of “Hold” and an average price target of $20.63.

FS KKR Capital Price Performance

Shares of FSK opened at $22.84 on Thursday. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 12.15 and a beta of 1.25. The business’s 50-day moving average is $22.47 and its 200-day moving average is $21.18. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $24.10.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.01). FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. Equities research analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 12.26%. FS KKR Capital’s payout ratio is 136.17%.

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.