Empowered Funds LLC Acquires Shares of 11,148 FS KKR Capital Corp. (NYSE:FSK)

Empowered Funds LLC acquired a new stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,148 shares of the company's stock, valued at approximately $242,000.

Other institutional investors have also bought and sold shares of the company. McIlrath & Eck LLC raised its stake in shares of 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 acquiring an additional 675 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of FS KKR Capital in the fourth quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of FS KKR Capital by 122.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock valued at $60,000 after acquiring an additional 1,520 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in shares of FS KKR Capital by 164.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company's stock valued at $119,000 after acquiring an additional 3,744 shares during the period. Finally, Financial Life Planners purchased a new stake in shares of FS KKR Capital in the fourth quarter valued at $206,000. Institutional investors own 36.26% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. B. Riley downgraded shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 target price on the stock. in a research note on Wednesday, December 11th. Royal Bank of Canada raised their price target 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. Wells Fargo & Company reaffirmed 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. Finally, JPMorgan Chase & Co. raised their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $20.63.

FS KKR Capital Trading Down 0.1 %

NYSE FSK opened at $23.72 on Friday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 12.61 and a beta of 1.25. The company's 50-day simple moving average is $22.34 and its two-hundred day simple moving average is $21.06. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $24.10.

Insider Buying and Selling at FS KKR Capital

In other news, insider Brian Gerson purchased 5,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the acquisition, the insider now owns 15,109 shares of the company's stock, valued at approximately $333,606.72. This represents a 49.46 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders have acquired 11,500 shares of company stock valued at $248,910. Company insiders own 0.25% of the company's stock.

FS KKR Capital Company 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.

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