Bard Associates Inc. Sells 2,802 Shares of FS KKR Capital Corp. (NYSE:FSK)

Bard Associates Inc. decreased its stake in FS KKR Capital Corp. (NYSE:FSK) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 167,957 shares of the company’s stock after selling 2,802 shares during the quarter. FS KKR Capital comprises 1.2% of Bard Associates Inc.’s portfolio, making the stock its 23rd biggest holding. Bard Associates Inc.’s holdings in FS KKR Capital were worth $3,648,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. McIlrath & Eck LLC boosted its stake in FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after buying an additional 675 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of FS KKR Capital by 194.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company’s stock worth $51,000 after acquiring an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in shares of FS KKR Capital during the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 purchasing an additional 1,520 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new stake in FS KKR Capital in the 4th quarter worth about $69,000. Institutional investors own 36.26% of the company’s stock.

Insider Activity

In other FS KKR Capital news, insider Daniel Pietrzak acquired 5,000 shares of FS KKR Capital stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders have acquired 6,500 shares of company stock worth $138,510. Corporate insiders own 0.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FSK shares. Royal Bank of Canada boosted their target price on FS KKR Capital from $21.00 to $22.00 and gave the company a “sector perform” rating in a research report on Monday. JPMorgan Chase & Co. boosted their price objective 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 reaffirmed an “equal weight” rating and issued a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. Keefe, Bruyette & Woods lifted their target price on FS KKR Capital from $21.00 to $22.00 and gave the stock a “market perform” rating in a research report on Monday. Finally, B. Riley cut shares of 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. Five analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $21.70.

FS KKR Capital Trading Down 1.5 %

FSK opened at $23.13 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 stock’s fifty day moving average is $22.61 and its two-hundred day moving average is $21.28. The company has a market capitalization of $6.48 billion, a P/E ratio of 12.30 and a beta of 1.25. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $24.10.

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 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%. The firm had revenue of $407.00 million for the quarter, compared to analysts’ expectations of $419.97 million. Analysts forecast 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. Stockholders of record on Wednesday, March 19th will be given a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.80 annualized dividend and a dividend yield of 12.11%. FS KKR Capital’s payout ratio is presently 122.49%.

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.