According to the most recent filing that Centaurus Financial INC made with the Securities and Exchange Commission, the company’s stake in FS KKR Capital Corp. (NYSE: FSK) was reduced by 4.2% during the third quarter (SEC).
During the quarter, the fund sold 6,903 shares of the company, bringing the total number of shares it currently owns to 158,401.
At the end of the most recent fiscal quarter, Centaurus Financial INC held approximately 0.06% of FS KKR Capital, which had a value of $2,685,000 per share as of that point.
Recently, various research organizations from all over the world have provided their perspectives on FSK. Keefe, Bruyette & Woods raised their price objective on shares of FS KKR Capital from $21.00 to $21.50 in a research note published on March 1st.
The firm also upgraded the company’s rating from “market perform” to “outperform.” Wells Fargo & Company published a research report on March 1st in which they upgraded FS KKR Capital from an “equal weight” rating to an “overweight” rating and raised their price objective on the stock from $18.50 to $19.00.
Additionally, they raised their price target on the stock.
In addition to this, they increased their price target for the stock.
In recent transactions carried out by other hedge funds involving the purchase and sale of FSK shares, IHT Wealth Management LLC successfully acquired an additional 32.1% of the shares in FS KKR Capital throughout the third quarter.
IHT Wealth Management LLC now has 138,031 shares following an additional purchase of 33,554 during the most recent period.
The value of all of IHT Wealth Management LLC’s shares in the company comes to a combined total of $2,340,000.
During the third quarter of the current fiscal year, M Holdings Securities INC successfully increased its ownership stake in FS KKR Capital by 100.1%.
As a result of the purchase of 10,908 additional shares during the most recent quarter, M Holdings Securities INC now has 21,800 shares of the company, which have an aggregate value of $370,000. FS KKR Capital received a total investment of $4,599,000 from Sentinus LLC during the third quarter of 2018.
The proportion of FS KKR Capital owned by Captrust Financial Advisers went up by 114.9% during the third quarter of this year.
The most recent fiscal quarter saw Captrust Financial Advisors acquire 132,119 new company shares, bringing their total number of shares owned to 247,119, with a value of $4,189,000.
Additionally, during the third quarter, Balyasny Asset Management LLC started a new position worth 872,000 dollars. FS KKR Capital was the investment that was held. Hedge funds and other institutional investors currently hold company shares for a total of 41.43%.
On Thursday morning, the market’s opening price was $17.45 for a share of FSK stock. Over the previous 50 days, the simple moving average for the company was $19.22; throughout the same period, its 200-day simple moving average was $19.05.
The company’s market capitalization is estimated to be $4.91 billion, based on the price-to-earnings ratio of the company’s stock, which is 54.53, and its beta value, which is 1.39.
The lowest price that FS KKR Capital Corp. has been at in the past year is $16.70, and the highest price that it has been at in the past year is $23.23.
The debt-to-equity ratio, the current ratio, and the quick ratio all equal 1.24, and each form adds up to 1.73.
FS KKR Capital (NYSE: FSK) distributed the most recent quarterly results report to the investing community on Monday, February 27th.
The company’s earnings per share for the quarter came in at $0.81, which was $0.06 more than the average prediction of $0.75 per share for earnings per share for the quarter.
The return on equity was 11.3 percent at FS KKR Capital, while the net margin was 5.63 percent.
Even though market watchers had forecast that the company would bring in revenue of $431.49 million during the quarter, it brought in revenue of $449.00 million.
The company generated earnings of $0.65 per share during the same period the year before. FS KKR Capital experienced a growth in revenue of 23.4% when measured against the amount of money brought in during the same quarter of the previous year. Research analysts anticipate that FS KKR Capital Corp. will generate earnings of 3.1 cents per share during the current fiscal year.
The company also declared a quarterly dividend, which is expected to be paid out on Monday, April 3rd. On March 15th, shareholders of record will be eligible to receive a dividend payment of $0.70 per share.
This equates to a dividend payment of $2.80 annually and a dividend yield of 16.05%.
Both of these figures can be found in the table below.
Because FS KKR Capital’s most recent quarterly dividend was $0.68, this represents an increase in the company’s payouts to shareholders.
This dividend’s “ex-dividend” status will be applied as of March 14th, a Tuesday.
The dividend payout ratio, also called the DPR, for FS KKR Capital is 762.5 percent.