841,228 Shares in FS KKR Capital Corp (NYSE:FSK) Acquired by MML Investors Services LLC
MML Investors Services LLC bought a new position in shares of FS KKR Capital Corp (NYSE:FSK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 841,228 shares of the company’s stock, valued at approximately $5,014,000.
A number of other institutional investors and hedge funds have also bought and sold shares of FSK. Horan Securities Inc. purchased a new position in FS KKR Capital in the 2nd quarter worth approximately $27,000. Hanson McClain Inc. purchased a new position in FS KKR Capital in the 2nd quarter worth approximately $31,000. Kistler Tiffany Companies LLC purchased a new position in FS KKR Capital in the 2nd quarter worth approximately $31,000. Gradient Investments LLC purchased a new position in FS KKR Capital in the 2nd quarter worth approximately $31,000. Finally, Barnett & Company Inc. purchased a new position in shares of FS KKR Capital during the 2nd quarter valued at approximately $35,000. 30.06% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Richard I. Goldstein acquired 5,000 shares of FS KKR Capital stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average cost of $5.76 per share, for a total transaction of $28,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael J. Hagan acquired 42,100 shares of FS KKR Capital stock in a transaction that occurred on Monday, September 9th. The shares were purchased at an average price of $5.95 per share, for a total transaction of $250,495.00. Over the last quarter, insiders have bought 57,100 shares of company stock valued at $335,795. Company insiders own 0.35% of the company’s stock.
Shares of FS KKR Capital stock traded up $0.03 on Friday, hitting $5.95. 345,387 shares of the company’s stock traded hands, compared to its average volume of 1,748,618. The stock has a market cap of $3.09 billion, a P/E ratio of 7.01, a PEG ratio of 2.67 and a beta of 1.09. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 0.84. The firm’s 50-day moving average is $5.77 and its 200 day moving average is $6.08. FS KKR Capital Corp has a 52-week low of $5.09 and a 52-week high of $7.47.
FS KKR Capital (NYSE:FSK) last released its earnings results on Wednesday, August 7th. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The company had revenue of $199.00 million during the quarter, compared to analysts’ expectations of $194.84 million. FS KKR Capital had a return on equity of 8.66% and a net margin of 12.11%. Equities research analysts forecast that FS KKR Capital Corp will post 0.74 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 12.77%. The ex-dividend date is Tuesday, September 17th. FS KKR Capital’s dividend payout ratio (DPR) is currently 89.41%.
FS KKR Capital Company Profile
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.
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