UBS Group AG Acquires 505,982 Shares of FS KKR Capital Corp. $FSK

UBS Group AG raised its holdings in shares of FS KKR Capital Corp. (NYSE:FSKFree Report) by 15.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,806,076 shares of the company’s stock after purchasing an additional 505,982 shares during the period. UBS Group AG’s holdings in FS KKR Capital were worth $56,368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FSK. Thurston Springer Miller Herd & Titak Inc. bought a new position in FS KKR Capital during the 4th quarter valued at approximately $26,000. FNY Investment Advisers LLC bought a new stake in FS KKR Capital in the fourth quarter valued at $28,000. Eastern Bank boosted its holdings in FS KKR Capital by 355.6% in the third quarter. Eastern Bank now owns 2,000 shares of the company’s stock valued at $30,000 after acquiring an additional 1,561 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in FS KKR Capital in the fourth quarter valued at $31,000. Finally, Strategic Advocates LLC bought a new stake in FS KKR Capital in the third quarter valued at $38,000. Institutional investors own 36.26% of the company’s stock.

Insider Activity at FS KKR Capital

In other news, insider Daniel Pietrzak bought 5,000 shares of the stock in a transaction dated Friday, February 27th. The stock was bought at an average price of $11.25 per share, for a total transaction of $56,250.00. Following the purchase, the insider directly owned 64,800 shares in the company, valued at $729,000. This trade represents a 8.36% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.25% of the stock is currently owned by insiders.

FS KKR Capital Trading Down 0.9%

FSK opened at $11.51 on Wednesday. The stock has a market cap of $3.22 billion, a PE ratio of 383.77 and a beta of 0.85. The company has a quick ratio of 3.05, a current ratio of 3.05 and a debt-to-equity ratio of 1.31. The business has a 50 day moving average of $10.73 and a 200-day moving average of $13.32. FS KKR Capital Corp. has a 52 week low of $9.72 and a 52 week high of $22.68.

FS KKR Capital (NYSE:FSKGet Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). The firm had revenue of $348.00 million during the quarter, compared to analysts’ expectations of $361.59 million. FS KKR Capital had a net margin of 0.72% and a return on equity of 5.21%. During the same quarter in the previous year, the business earned $0.66 EPS. Equities research analysts predict that FS KKR Capital Corp. will post 1.7 earnings per share for the current fiscal year.

FS KKR Capital Announces Dividend

The company also recently announced a special dividend, which was paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 18th were paid a $0.03 dividend. This represents a dividend yield of 118.0%. The ex-dividend date was Wednesday, March 18th. FS KKR Capital’s dividend payout ratio (DPR) is presently 6,000.00%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FSK shares. Wells Fargo & Company cut their price target on shares of FS KKR Capital from $15.00 to $11.00 and set an “equal weight” rating on the stock in a report on Friday, February 27th. Weiss Ratings downgraded shares of FS KKR Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 5th. Wall Street Zen downgraded shares of FS KKR Capital from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Keefe, Bruyette & Woods lowered their target price on FS KKR Capital from $15.00 to $11.00 and set a “market perform” rating for the company in a research note on Thursday, April 16th. Finally, B. Riley Financial lowered their target price on FS KKR Capital from $17.50 to $11.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Eight analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $12.50.

Get Our Latest Report on FSK

Trending Headlines about FS KKR Capital

Here are the key news stories impacting FS KKR Capital this week:

  • Positive Sentiment: Zacks upgraded FSK from “strong sell” to “hold,” a modest positive signal that may limit further weakness from some retail/quant selling. Zacks Upgrade
  • Neutral Sentiment: FS KKR was scheduled to report earnings this week (investors were already focused on recent quarterly results that missed EPS and revenue estimates), which can increase volatility as markets reassess fundamentals. Earnings Notice
  • Negative Sentiment: Multiple law firms have filed or announced class actions alleging securities fraud tied to the company’s disclosures and the post-revelation stock drop; firms are soliciting lead plaintiffs and reminding investors of filing deadlines — this amplifies litigation risk and could pressure the stock and balance-sheet expectations. Class Action — BusinessWire
  • Negative Sentiment: Allegations center on overstated portfolio valuations, overstated effectiveness of restructuring of nonaccrual assets, and overstated durability of the quarterly distribution strategy — if proven, these claims could lead to restatements, legal settlements, or changes to dividend policy. Allegations Detail — GlobeNewswire
  • Negative Sentiment: Broader press coverage and investor complaints (e.g., accusations of misleading disclosures amid multiyear losses) extend reputational risk beyond initial legal filings and may prolong volatility and selling pressure. Press Coverage — Courthouse News

FS KKR Capital Profile

(Free Report)

FS KKR Capital Corp (NYSE:FSK) is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.

See Also

Want to see what other hedge funds are holding FSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FS KKR Capital Corp. (NYSE:FSKFree Report).

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

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