1832 Asset Administration L.P. Will increase Inventory Place in FS KKR Capital Corp. (NYSE:FSK)

1832 Asset Administration L.P. Will increase Inventory Place in FS KKR Capital Corp. (NYSE:FSK)

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1832 Asset Administration L.P. boosted its stake in FS KKR Capital Corp. (NYSE:FSK – Free Report) by 152.2% within the second quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Change Fee (SEC). The fund owned 605,094 shares of the corporate’s inventory after buying a further 365,173 shares in the course of the interval. 1832 Asset Administration L.P. owned about 0.22% of FS KKR Capital price $11,606,000 as of its most up-to-date SEC submitting.

Different institutional buyers and hedge funds have additionally lately purchased and offered shares of the corporate. Retirement Group LLC bought a brand new stake in FS KKR Capital within the fourth quarter valued at $39,000. Independence Financial institution of Kentucky bought a brand new stake in FS KKR Capital within the second quarter valued at $40,000. Price Asset Administration LLC bought a brand new stake in shares of FS KKR Capital within the first quarter valued at about $43,000. Resurgent Monetary Advisors LLC bought a brand new stake in shares of FS KKR Capital within the fourth quarter valued at about $60,000. Lastly, SkyView Funding Advisors LLC bought a brand new stake in shares of FS KKR Capital within the first quarter valued at about $74,000. 33.42% of the inventory is owned by hedge funds and different institutional buyers.

Wall Road Analyst Weigh In

Numerous brokerages have lately commented on FSK. TheStreet raised shares of FS KKR Capital from a “c” ranking to a “b-” ranking in a report on Thursday, November ninth. Oppenheimer upped their goal worth on shares of FS KKR Capital from $21.00 to $22.00 and gave the corporate a “market carry out” ranking in a report on Wednesday, August ninth. Three analysis analysts have rated the inventory with a maintain ranking and one has issued a purchase ranking to the inventory. Based mostly on information from MarketBeat, the corporate presently has a mean ranking of “Maintain” and a mean goal worth of $20.88.

Get Our Newest Evaluation on FS KKR Capital

FS KKR Capital Buying and selling Up 0.8 %

NYSE FSK opened at $19.91 on Friday. The inventory has a market capitalization of $5.58 billion, a P/E ratio of 8.26 and a beta of 1.32. FS KKR Capital Corp. has a 52-week low of $17.06 and a 52-week excessive of $20.80. The agency has a 50-day shifting common worth of $19.54 and a 200 day shifting common worth of $19.66. The corporate has a fast ratio of 1.75, a present ratio of 1.75 and a debt-to-equity ratio of 1.15.

FS KKR Capital (NYSE:FSK – Get Free Report) final posted its quarterly earnings outcomes on Monday, November sixth. The corporate reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.03. The agency had income of $465.00 million in the course of the quarter, in comparison with analysts’ expectations of $455.68 million. FS KKR Capital had a web margin of 36.74% and a return on fairness of 12.74%. Throughout the identical interval within the prior 12 months, the corporate posted $0.73 earnings per share. Equities analysis analysts count on that FS KKR Capital Corp. will publish 3.12 EPS for the present 12 months.

FS KKR Capital Will increase Dividend

The enterprise additionally lately introduced a quarterly dividend, which will probably be paid on Wednesday, January third. Shareholders of document on Wednesday, December thirteenth will probably be given a dividend of $0.70 per share. This can be a optimistic change from FS KKR Capital’s earlier quarterly dividend of $0.06. This represents a $2.80 annualized dividend and a yield of 14.06%. The ex-dividend date of this dividend is Tuesday, December twelfth. FS KKR Capital’s dividend payout ratio is presently 106.22%.

FS KKR Capital Profile

(Free Report)

FS KKR Capital Corp. is a enterprise growth firm specializing in investments in debt securities. It offers custom-made credit score options to personal center market U.S. firms. It make investments primarily within the senior secured debt and, to a lesser extent, the subordinated debt of personal center market U.S.

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Wish to see what different hedge funds are holding FSK? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for FS KKR Capital Corp. (NYSE:FSK – Free Report).

Institutional Ownership by Quarter for FS KKR Capital (NYSE:FSK)

This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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