XTX Topco Ltd Boosts Holdings in FS KKR Capital Corp. (NYSE:FSK)

XTX Topco Ltd increased its position in FS KKR Capital Corp. (NYSE:FSK) by 75.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 53,224 shares of the company’s stock after acquiring an additional 22,961 shares during the quarter. XTX Topco Ltd’s holdings in FS KKR Capital were worth $1,156,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cahaba Wealth Management Inc. lifted its stake in shares of FS KKR Capital by 5.8% in the fourth quarter. Cahaba Wealth Management Inc. now owns 16,257 shares of the company’s stock worth $353,000 after buying an additional 895 shares in the last quarter. Mariner LLC raised its holdings in FS KKR Capital by 2.1% in the 4th quarter. Mariner LLC now owns 547,993 shares of the company’s stock worth $11,902,000 after acquiring an additional 11,533 shares during the last quarter. Barclays PLC lifted its position in FS KKR Capital by 1.5% in the 4th quarter. Barclays PLC now owns 332,438 shares of the company’s stock valued at $7,220,000 after acquiring an additional 4,969 shares in the last quarter. SageView Advisory Group LLC boosted its stake in FS KKR Capital by 5.2% during the 4th quarter. SageView Advisory Group LLC now owns 22,898 shares of the company’s stock valued at $497,000 after purchasing an additional 1,141 shares during the last quarter. Finally, TT Capital Management LLC bought a new stake in shares of FS KKR Capital in the 4th quarter worth $811,000. 36.26% of the stock is owned by hedge funds and other institutional investors.

FS KKR Capital Price Performance

NYSE FSK opened at $18.94 on Tuesday. 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 firm has a market capitalization of $5.30 billion, a P/E ratio of 10.07 and a beta of 0.98. The company has a 50-day moving average price of $21.68 and a 200-day moving average price of $21.47. FS KKR Capital Corp. has a 52 week low of $17.42 and a 52 week high of $24.10.

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). FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The business had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. Equities research analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 14.78%. The ex-dividend date was Wednesday, March 19th. FS KKR Capital’s dividend payout ratio is presently 122.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on FSK shares. 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 report on Monday, February 3rd. Wells Fargo & Company downgraded shares of FS KKR Capital from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $21.00 to $19.00 in a report on Monday, March 17th. Royal Bank of Canada boosted their price objective on shares of FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. Finally, Keefe, Bruyette & Woods dropped their target price on shares of 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. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $20.70.

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.