M Holdings Securities Inc. Makes New $881,000 Investment in FS KKR Capital Corp. (NYSE:FSK)

M Holdings Securities Inc. purchased a new stake in FS KKR Capital Corp. (NYSE:FSK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 40,572 shares of the company’s stock, valued at approximately $881,000.

Several other large investors have also recently modified their holdings of the business. Kendall Capital Management grew its position in shares of FS KKR Capital by 2.3% in the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company’s stock valued at $497,000 after buying an additional 517 shares during the last quarter. Endowment Wealth Management Inc. lifted its stake in shares of FS KKR Capital by 0.6% in the fourth quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company’s stock worth $1,977,000 after acquiring an additional 582 shares during the period. Lloyd Advisory Services LLC. boosted its holdings in FS KKR Capital by 6.7% in the fourth quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company’s stock valued at $232,000 after acquiring an additional 667 shares during the last quarter. McIlrath & Eck LLC increased its position in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares during the period. Finally, Wagner Wealth Management LLC raised its holdings in FS KKR Capital by 6.4% during the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company’s stock worth $245,000 after purchasing an additional 679 shares during the last quarter. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Trading Up 1.2 %

NYSE:FSK opened at $18.94 on Tuesday. FS KKR Capital Corp. has a 12 month low of $17.42 and a 12 month high of $24.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 10.07 and a beta of 0.98. The firm has a fifty day simple moving average of $21.68 and a two-hundred day simple moving average of $21.47.

FS KKR Capital (NYSE:FSK) last issued its 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). The firm had revenue of $407.00 million during the quarter, compared to analyst estimates of $419.97 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. Analysts expect that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

FS KKR Capital Announces Dividend

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

Analyst Upgrades and Downgrades

FSK has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Royal Bank of Canada upped their price target on shares of FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a research report on Monday, March 3rd. Keefe, Bruyette & Woods lowered their price objective on FS KKR Capital from $22.00 to $19.00 and set a “market perform” rating for the company in a research report on Tuesday, April 8th. Finally, Wells Fargo & Company lowered FS KKR Capital from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $21.00 to $19.00 in a research report on Monday, March 17th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, FS KKR Capital currently has an average rating of “Hold” and a consensus price target 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.