Kestra Private Wealth Services LLC Has $1.04 Million Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Kestra Private Wealth Services LLC lessened its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 18.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 47,741 shares of the company's stock after selling 10,850 shares during the period. Kestra Private Wealth Services LLC's holdings in FS KKR Capital were worth $1,037,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Entropy Technologies LP acquired a new stake in shares of FS KKR Capital in the 4th quarter valued at approximately $257,000. Empowered Funds LLC acquired a new stake in FS KKR Capital in the fourth quarter worth $242,000. Apollon Wealth Management LLC raised its holdings in FS KKR Capital by 136.1% in the fourth quarter. Apollon Wealth Management LLC now owns 166,088 shares of the company's stock worth $3,607,000 after purchasing an additional 95,751 shares during the period. Realta Investment Advisors bought a new position in shares of FS KKR Capital during the fourth quarter worth $245,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of FS KKR Capital in the 4th quarter valued at $1,313,000. Institutional investors own 36.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on FSK shares. Wells Fargo & Company reiterated an "equal weight" rating and set a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. B. Riley cut FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective on the stock. in a report on Wednesday, December 11th. Royal Bank of Canada increased their target price on 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, FS KKR Capital has an average rating of "Hold" and an average price target of $20.63.

Insider Activity at FS KKR Capital

In related news, insider Brian Gerson bought 5,000 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The shares were acquired at an average price of $22.08 per share, for a total transaction of $110,400.00. Following the completion of the acquisition, the insider now owns 15,109 shares of the company's stock, valued at approximately $333,606.72. The trade was a 49.46 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders acquired 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company's stock.

FS KKR Capital Stock Up 1.5 %

Shares of NYSE FSK traded up $0.34 during midday trading on Monday, reaching $23.70. The company's stock had a trading volume of 1,237,699 shares, compared to its average volume of 1,170,332. The stock has a 50 day simple moving average of $22.19 and a 200-day simple moving average of $20.98. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 12.61 and a beta of 1.25. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $23.73.

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.