27,654 Shares in FS KKR Capital Corp. (NYSE:FSK) Acquired by GWN Securities Inc.

GWN Securities Inc. purchased a new position in FS KKR Capital Corp. (NYSE:FSK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,654 shares of the company’s stock, valued at approximately $626,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FSK. Kingswood Wealth Advisors LLC lifted its position in FS KKR Capital by 86.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company’s stock valued at $4,878,000 after acquiring an additional 104,016 shares in the last quarter. Inspire Advisors LLC lifted its position in FS KKR Capital by 28.6% in the 4th quarter. Inspire Advisors LLC now owns 109,919 shares of the company’s stock valued at $2,387,000 after acquiring an additional 24,443 shares in the last quarter. Proactive Wealth Strategies LLC lifted its position in FS KKR Capital by 24.8% in the 4th quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company’s stock valued at $1,411,000 after acquiring an additional 12,926 shares in the last quarter. Advisors Asset Management Inc. lifted its position in FS KKR Capital by 18.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock valued at $5,023,000 after acquiring an additional 39,086 shares in the last quarter. Finally, Graypoint LLC lifted its position in FS KKR Capital by 23.1% in the 4th quarter. Graypoint LLC now owns 139,504 shares of the company’s stock valued at $3,030,000 after acquiring an additional 26,174 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Up 2.2 %

Shares of NYSE:FSK opened at $21.44 on Monday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a 12 month low of $18.33 and a 12 month high of $24.10. The company has a 50-day moving average price of $22.68 and a 200 day moving average price of $21.43. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 11.40 and a beta of 1.22.

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

FS KKR Capital Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 13.06%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital’s payout ratio is 122.49%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Royal Bank of Canada increased their price target on FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target on the stock. in a report on Wednesday, December 11th. JPMorgan Chase & Co. increased 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. Finally, Keefe, Bruyette & Woods increased their price target on FS KKR Capital from $21.00 to $22.00 and gave the company a “market perform” rating in a report on Monday, March 3rd. Five analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $21.70.

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.