--- title: "Saba Capital Management L.P. Takes Position in FS KKR Capital Corp. $FSK" type: "News" locale: "en" url: "https://longbridge.com/en/news/294044679.md" description: "Saba Capital Management L.P. acquired a new stake in FS KKR Capital Corp. (NYSE:FSK) during Q1, purchasing 3,509,748 shares valued at approximately $35.7 million. This holding represents about 1.0% of Saba's portfolio and 1.25% of FSK. Other hedge funds also increased positions in FSK recently. Meanwhile, analysts have adjusted ratings and price targets, with Zacks downgrading to 'strong sell' and Wells Fargo lowering its target to $10.00." datetime: "2026-07-28T09:53:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294044679.md) - [en](https://longbridge.com/en/news/294044679.md) - [zh-HK](https://longbridge.com/zh-HK/news/294044679.md) --- # Saba Capital Management L.P. Takes Position in FS KKR Capital Corp. $FSK Saba Capital Management L.P. purchased a new stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,509,748 shares of the company's stock, valued at approximately $35,729,000. FS KKR Capital makes up approximately 1.0% of Saba Capital Management L.P.'s portfolio, making the stock its 14th largest holding. Saba Capital Management L.P. owned approximately 1.25% of FS KKR Capital as of its most recent filing with the Securities & Exchange Commission. Get **FS KKR Capital** alerts: - Top 3 Business Development Companies for Double-Digit Dividends A number of other hedge funds have also bought and sold shares of FSK. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of FS KKR Capital during the 4th quarter worth approximately $26,000. Jessup Wealth Management Inc bought a new position in shares of FS KKR Capital during the fourth quarter worth approximately $26,000. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital in the fourth quarter valued at approximately $28,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of FS KKR Capital in the fourth quarter valued at approximately $31,000. Finally, Basepoint Wealth LLC bought a new stake in shares of FS KKR Capital in the fourth quarter valued at approximately $31,000. 36.26% of the stock is owned by institutional investors. ## FS KKR Capital Stock Performance NYSE FSK opened at $10.85 on Tuesday. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of -5.51 and a beta of 0.82. The firm's 50 day simple moving average is $10.69 and its 200 day simple moving average is $11.45. FS KKR Capital Corp. has a 1 year low of $9.72 and a 1 year high of $22.25. FS KKR Capital (NYSE:FSK - Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). FS KKR Capital had a negative net margin of 38.65% and a positive return on equity of 4.34%. The firm had revenue of $304.00 million during the quarter, compared to the consensus estimate of $316.81 million. During the same period last year, the business earned $0.65 earnings per share. The business's revenue was down 24.0% compared to the same quarter last year. As a group, research analysts expect that FS KKR Capital Corp. will post 1.64 earnings per share for the current fiscal year. ## FS KKR Capital Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 17th were paid a $0.42 dividend. The ex-dividend date was Wednesday, June 17th. This represents a $1.68 annualized dividend and a dividend yield of 15.5%. FS KKR Capital's dividend payout ratio (DPR) is presently -85.28%. ## Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada reissued a "sector perform" rating and set a $11.00 price target on shares of FS KKR Capital in a research report on Tuesday, May 12th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of FS KKR Capital in a report on Tuesday, June 2nd. Wells Fargo & Company cut their target price on FS KKR Capital from $11.00 to $10.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 12th. Zacks Research cut FS KKR Capital from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Finally, Keefe, Bruyette & Woods dropped their price target 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. Six research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $10.58. **Read Our Latest Analysis on FSK** ## FS KKR Capital Company 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. ## Read More - Five stocks we like better than FS KKR Capital - AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next - Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now - Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? - Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in FS KKR Capital Right Now? Before you consider FS KKR Capital, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS KKR Capital wasn't on the list. While FS KKR Capital currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. 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