Cooper Financial Group Sells 42,353 Shares of FS KKR Capital Corp. (NYSE:FSK)

Cooper Financial Group trimmed its position in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 67.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,267 shares of the company's stock after selling 42,353 shares during the quarter. Cooper Financial Group's holdings in FS KKR Capital were worth $440,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC increased its holdings in FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock valued at $41,000 after purchasing an additional 675 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of FS KKR Capital by 164.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company's stock worth $119,000 after buying an additional 3,744 shares during the period. Sound Income Strategies LLC increased its stake in shares of FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company's stock valued at $195,000 after acquiring an additional 1,280 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of FS KKR Capital in the 3rd quarter valued at approximately $198,000. Finally, SG Americas Securities LLC boosted its stake in FS KKR Capital by 32.1% during the 3rd quarter. SG Americas Securities LLC now owns 10,317 shares of the company's stock worth $204,000 after acquiring an additional 2,509 shares during the last quarter. 36.26% of the stock is owned by institutional investors.

FS KKR Capital Stock Up 0.6 %

FSK traded up $0.14 during trading on Wednesday, hitting $21.84. The company had a trading volume of 898,385 shares, compared to its average volume of 1,220,985. The company has a market capitalization of $6.12 billion, a PE ratio of 11.62 and a beta of 1.24. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $22.39. The firm's 50-day moving average price is $21.53 and its 200 day moving average price is $20.54.

FS KKR Capital (NYSE:FSK - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.04. The company had revenue of $441.00 million for the quarter, compared to analyst estimates 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 period in the previous year, the company posted $0.80 earnings per share. As a group, equities analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

Analysts Set New Price Targets

FSK has been the subject of several recent analyst reports. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $21.00 target price on shares of FS KKR Capital in a research note on Monday, December 2nd. B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective for the company. in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada lifted their target price on FS KKR Capital from $20.00 to $21.00 and gave the stock a "sector perform" rating in a report on Monday, November 18th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $20.25.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of the business's stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of $21.31 per share, with a total value of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares of the company's stock, valued at $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 11,500 shares of company stock valued at $248,910 in the last quarter. 0.25% of the stock is currently owned by insiders.

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.