Calton & Associates Inc. Sells 17,590 Shares of FS KKR Capital Corp. (NYSE:FSK)

Calton & Associates Inc. trimmed its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 39.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,445 shares of the company's stock after selling 17,590 shares during the period. Calton & Associates Inc.'s holdings in FS KKR Capital were worth $596,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Van ECK Associates Corp lifted its position in shares of FS KKR Capital by 6.6% in the third quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company's stock worth $117,886,000 after purchasing an additional 356,704 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in FS KKR Capital by 4.6% during the third quarter. Commonwealth Equity Services LLC now owns 4,282,146 shares of the company's stock valued at $84,487,000 after purchasing an additional 188,542 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of FS KKR Capital by 1,967.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company's stock worth $62,462,000 after purchasing an additional 3,012,711 shares during the last quarter. Strong Tower Advisory Services boosted its holdings in shares of FS KKR Capital by 3.5% in the 4th quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company's stock valued at $23,252,000 after buying an additional 36,127 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in FS KKR Capital during the second quarter worth $19,544,000. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, the insider now directly owns 49,800 shares of the company's stock, valued at $1,061,238. The trade was a 11.16 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 over the last quarter. 0.25% of the stock is owned by corporate insiders.

FS KKR Capital Stock Performance

NYSE FSK traded up $0.03 during trading on Tuesday, reaching $23.24. The company's stock had a trading volume of 708,943 shares, compared to its average volume of 1,263,939. The firm has a 50 day moving average price of $21.86 and a 200 day moving average price of $20.75. FS KKR Capital Corp. has a 12 month low of $18.31 and a 12 month high of $23.47. The firm has a market capitalization of $6.51 billion, a price-to-earnings ratio of 12.36 and a beta of 1.25. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.04. The business had revenue of $441.00 million for the quarter, compared to the consensus estimate of $423.58 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. During the same quarter in the prior year, the business posted $0.80 earnings per share. As a group, equities analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on FSK shares. B. Riley lowered shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective on the stock. in a research note on Wednesday, December 11th. Wells Fargo & Company restated an "equal weight" rating and issued a $21.00 price target on shares of FS KKR Capital in a research note on Monday, December 2nd. JPMorgan Chase & Co. upped their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Monday. Finally, Royal Bank of Canada raised their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a "sector perform" rating in a research note on Monday, November 18th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $20.63.

About FS KKR Capital

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.