FS KKR Capital Corp. $FSK Shares Sold by Legacy Wealth Managment LLC ID

Legacy Wealth Managment LLC ID reduced its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 27.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 206,947 shares of the company’s stock after selling 80,118 shares during the period. FS KKR Capital comprises approximately 1.5% of Legacy Wealth Managment LLC ID’s holdings, making the stock its 13th largest holding. Legacy Wealth Managment LLC ID owned about 0.07% of FS KKR Capital worth $3,065,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in FS KKR Capital in the fourth quarter worth $26,000. FNY Investment Advisers LLC bought a new position in FS KKR Capital during the fourth quarter valued at about $28,000. Eastern Bank boosted its stake in FS KKR Capital by 355.6% during the third quarter. Eastern Bank now owns 2,000 shares of the company’s stock valued at $30,000 after buying an additional 1,561 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in FS KKR Capital during the fourth quarter valued at about $31,000. Finally, Strategic Advocates LLC acquired a new position in shares of FS KKR Capital in the 3rd quarter valued at $38,000. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of FS KKR Capital stock in a transaction dated Friday, February 27th. The stock was bought at an average cost of $11.25 per share, with a total value of $56,250.00. Following the completion of the transaction, the insider directly owned 64,800 shares of the company’s stock, valued at approximately $729,000. This represents a 8.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Weiss Ratings lowered FS KKR Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. Zacks Research raised FS KKR Capital from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods cut their price objective on FS KKR Capital from $15.00 to $11.00 and set a “market perform” rating on the stock in a research note on Thursday, April 16th. B. Riley Financial lowered their target price on FS KKR Capital from $17.50 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Finally, Royal Bank Of Canada lowered their target price on FS KKR Capital from $15.00 to $13.00 and set a “sector perform” rating on the stock in a report on Monday, April 6th. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $11.08.

FS KKR Capital Price Performance

Shares of FSK stock opened at $10.82 on Friday. The stock’s fifty day simple moving average is $10.66 and its 200 day simple moving average is $13.27. The company has a debt-to-equity ratio of 1.31, a current ratio of 3.05 and a quick ratio of 3.05. FS KKR Capital Corp. has a one year low of $9.72 and a one year high of $22.68. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 360.53 and a beta of 0.85.

FS KKR Capital (NYSE:FSK) last released its earnings results on Wednesday, February 25th. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). FS KKR Capital had a return on equity of 5.21% and a net margin of 0.72%.The firm had revenue of $348.00 million for the quarter, compared to the consensus estimate of $361.59 million. During the same quarter in the previous year, the firm earned $0.66 EPS. On average, analysts expect that FS KKR Capital Corp. will post 1.7 earnings per share for the current fiscal year.

FS KKR Capital Announces Dividend

The firm also recently announced a special dividend, which was paid on Thursday, April 2nd. Shareholders of record on Wednesday, March 18th were paid a $0.03 dividend. This represents a yield of 118.0%. The ex-dividend date of this dividend was Wednesday, March 18th. FS KKR Capital’s payout ratio is presently 6,000.00%.

More FS KKR Capital News

Here are the key news stories impacting FS KKR Capital this week:

• Negative Sentiment: Several firms, including Glancy Prongay, Bronstein Gewirtz, Faruqi & Faruqi, Robbins Geller, Howard G. Smith, Pomerantz, Portnoy, Bernstein Liebhard, and Rosen, announced or reminded investors about class-action claims against FS KKR Capital, creating fresh legal overhang for the stock. Article Title
• Negative Sentiment: The lawsuits focus on investors who bought FSK shares between May 8, 2024 and February 25, 2026, with deadlines for lead-plaintiff motions in early July, keeping the issue in the spotlight and potentially increasing legal risk and distraction for management. Article Title
• Neutral Sentiment: A Zacks preview on FS KKR Capital’s upcoming quarterly metrics may have drawn trading attention, but it does not appear to include a major new catalyst by itself. Article Title

About FS KKR Capital

FS KKR Capital Corp (NYSE:FSK) is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.