Apeiron RIA LLC Has $685,000 Stock Holdings in FS KKR Capital Corp. $FSK

Apeiron RIA LLC decreased its stake in FS KKR Capital Corp. (NYSE:FSK) by 5.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,691 shares of the company’s stock after selling 2,002 shares during the period. Apeiron RIA LLC’s holdings in FS KKR Capital were worth $685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Comerica Bank grew its position in shares of FS KKR Capital by 6.4% during the 4th quarter. Comerica Bank now owns 14,216 shares of the company’s stock worth $309,000 after buying an additional 851 shares during the period. Bison Wealth LLC lifted its holdings in shares of FS KKR Capital by 3.4% in the fourth quarter. Bison Wealth LLC now owns 21,935 shares of the company’s stock valued at $476,000 after purchasing an additional 720 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in FS KKR Capital by 8.1% during the 4th quarter. Ameriprise Financial Inc. now owns 1,418,903 shares of the company’s stock valued at $30,827,000 after acquiring an additional 106,641 shares in the last quarter. BNP Paribas Financial Markets bought a new position in shares of FS KKR Capital during the fourth quarter valued at about $3,209,000. Finally, Bank of America Corp DE boosted its stake in shares of FS KKR Capital by 16.9% in the 4th quarter. Bank of America Corp DE now owns 227,103 shares of the company’s stock worth $4,933,000 after buying an additional 32,854 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FSK has been the subject of several research reports. Royal Bank Of Canada reduced their price target on shares of FS KKR Capital from $21.00 to $18.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 26th. Wells Fargo & Company lowered their price objective on FS KKR Capital from $18.00 to $15.00 and set an “underweight” rating on the stock in a research note on Friday, August 8th. Wall Street Zen cut shares of FS KKR Capital from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Zacks Research raised FS KKR Capital to a “strong sell” rating in a report on Friday, August 8th. Finally, Keefe, Bruyette & Woods decreased their price target on FS KKR Capital from $19.00 to $18.50 and set a “market perform” rating on the stock in a research report on Tuesday, August 12th. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, FS KKR Capital has a consensus rating of “Reduce” and an average price target of $18.42.

FS KKR Capital Trading Down 0.5%

FSK opened at $17.77 on Thursday. FS KKR Capital Corp. has a 52 week low of $17.35 and a 52 week high of $24.10. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.40 and a current ratio of 2.40. The business has a 50 day moving average of $19.72 and a 200-day moving average of $20.41.

FS KKR Capital (NYSE:FSK) last announced its earnings results on Wednesday, August 6th. The company reported ($0.60) earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($1.23). FS KKR Capital had a net margin of 13.24% and a return on equity of 6.24%. The business had revenue of $398.00 million for the quarter, compared to the consensus estimate of $402.00 million. During the same period in the prior year, the business posted $0.75 EPS. As a group, research analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

FS KKR Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Wednesday, September 17th will be paid a dividend of $0.70 per share. The ex-dividend date is Wednesday, September 17th. This represents a $2.80 dividend on an annualized basis and a yield of 15.8%. This is an increase from FS KKR Capital’s previous quarterly dividend of $0.64. FS KKR Capital’s dividend payout ratio (DPR) is 328.21%.

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.