Cambridge Investment Research Advisors Sells Shares of FS KKR Capital Corp.
January 4, 2024
☀️Trending News
Cambridge Investment Research Advisors Inc. recently announced the sale of its shares in FS ($NYSE:FSK) KKR Capital Corp. FS KKR Capital Corp is a publicly traded company managed by KKR Financial, a subsidiary of the well-known private equity firm, KKR & Co. The company invests in real estate and corporate credit sectors, with the primary goal of producing attractive risk-adjusted returns for its investors. The company targets investments in large, established companies with high levels of liquidity and diversification, as well as opportunistic situations that offer attractive returns. FS KKR Capital Corp also offers a variety of debt and equity investments, including securitized products, mezzanine debt investments, and private equity investments. Its portfolio includes investments in the US, Europe, and Asia.
In addition, the company also engages in a number of initiatives to support its portfolio companies and create value for shareholders.
Price History
This was based on the closing price of $20.0 the day before. At the end of the trading day on Tuesday, FS KKR Capital Corp. stock closed at $20.2, up 1.1% from the previous day’s closing price. The sale of the FS KKR Capital Corp. stock was made in order to diversify Cambridge Investment Research Advisors Inc.’s portfolio and to take advantage of the recent price rally for stocks in this sector. The sale of these shares appears to have been made with the intention of capitalizing on current market conditions and potentially earning higher returns for their investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FSK. More…
| Total Revenues | Net Income | Net Margin |
| 734 | 673 | 91.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FSK. More…
| Operations | Investing | Financing |
| 1.95k | – | -2.04k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FSK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.38k | 8.41k | 24.89 |
Key Ratios Snapshot
Some of the financial key ratios for FSK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -26.2% | – | – |
| FCF Margin | ROE | ROA |
| 265.1% | 6.2% | 2.8% |
Analysis
GoodWhale recently conducted an analysis of the financials of FS KKR CAPITAL. According to our Star Chart, FS KKR CAPITAL is classified as a ‘cheetah’ company, which indicates that the company has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are interested in this type of company may be looking to capitalize on the growth potential, as FS KKR CAPITAL is strong in growth, medium in dividend and weak in asset and profitability. However, investors should also take into consideration the company’s intermediate health score of 4/10 with regard to its cashflows and debt. This indicates that while FS KKR CAPITAL is likely to pay off debt and fund future operations, it is not as stable as other investment opportunities. More…
Peers
In the world of financial services, competition is fierce. FS KKR Capital Corp is no exception. The company competes with other financial services firms, such as Franklin BSP Lending Corp, Princeton Capital Corp, and OFS Capital Corp. While each company has its own strengths and weaknesses, FS KKR Capital Corp has been able to stay ahead of the competition by offering a unique combination of products and services.
– Franklin BSP Lending Corp ($OTCPK:BDVC)
Franklin BSP Lending Corp is a mortgage lender that operates in the United States. The company has a market capitalization of $1.24 billion as of 2022. Franklin BSP Lending Corp offers a variety of mortgage products, including fixed-rate and adjustable-rate mortgages, jumbo loans, and government-backed loans. The company has a wide network of branches and loan officers across the country.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corporation is a publicly traded company with a market capitalization of $32.53 million as of 2022. The company is engaged in the business of providing capital and financial advisory services to small and medium sized businesses. Princeton Capital Corporation is headquartered in New York, NY.
– OFS Capital Corp ($NASDAQ:OFS)
OFS Capital Corp is a business development company specializing in investments in middle-market companies. The company focuses on companies with annual revenues between $10 million and $250 million. It provides financing for growth, recapitalization, and acquisition. The company was founded in 2007 and is headquartered in Chicago, Illinois.
Summary
FS KKR Capital Corp. is a publicly traded business development company (BDC) that provides capital to middle-market businesses and private equity funds in the United States. Recently, Cambridge Investment Research Advisors Inc. sold shares of FS KKR Capital Corp., signaling a bearish outlook on the stock. Analysts recommend investors take a closer look at the company’s financials, and assess the risks and potential gains of investing. Investors should consider reviewing the company’s management team, current portfolio investments, dividend yield, and recent earnings report. It is also important to track the stock price trend and compare it to peers in the industry.
Additionally, investors should watch for any news from the company or changes in the regulatory environment that could impact the stock. Lastly, investors should consider their own risk tolerance when making any decisions to buy or sell FS KKR Capital Corp. shares.
Related Posts
Recent Posts
