Marshall & Sterling Wealth Advisors Inc. Makes New Investment in FS KKR Capital Corp. (NYSE:FSK)

Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of FS KKR Capital Corp. (NYSE:FSK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,504 shares of the company’s stock, valued at approximately $33,000.

Several other large investors also recently bought and sold shares of the stock. Kendall Capital Management grew its position in FS KKR Capital by 2.3% during the 4th quarter. Kendall Capital Management now owns 22,897 shares of the company’s stock worth $497,000 after purchasing an additional 517 shares during the last quarter. Endowment Wealth Management Inc. grew its position in FS KKR Capital by 0.6% during the 4th quarter. Endowment Wealth Management Inc. now owns 91,004 shares of the company’s stock worth $1,977,000 after purchasing an additional 582 shares during the last quarter. Lloyd Advisory Services LLC. grew its position in FS KKR Capital by 6.7% during the 4th quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company’s stock worth $232,000 after purchasing an additional 667 shares during the last quarter. McIlrath & Eck LLC grew 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 worth $41,000 after purchasing an additional 675 shares during the last quarter. Finally, Wagner Wealth Management LLC grew its position 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. Hedge funds and other institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Performance

Shares of NYSE FSK opened at $20.26 on Tuesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The company’s fifty day moving average price is $20.90 and its 200 day moving average price is $21.44. The company has a market capitalization of $5.67 billion, a PE ratio of 10.78 and a beta of 0.98. FS KKR Capital Corp. has a 1 year low of $17.42 and a 1 year high of $24.10.

FS KKR Capital (NYSE:FSK) last issued its 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). The business 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%. On average, research analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

FS KKR Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.82%. The ex-dividend date was Wednesday, March 19th. FS KKR Capital’s dividend payout ratio (DPR) is 122.49%.

Analyst Ratings Changes

Several analysts have recently commented on FSK shares. Royal Bank of Canada upped 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. Keefe, Bruyette & Woods dropped their price objective 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. JPMorgan Chase & Co. dropped their price objective on shares of FS KKR Capital from $22.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, April 24th. Finally, Wells Fargo & Company dropped their price objective on shares of FS KKR Capital from $19.00 to $18.00 and set an “underweight” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, FS KKR Capital presently has an average rating of “Hold” and an average target price of $19.90.

FS KKR Capital 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.