Analysts Set FS KKR Capital Corp. (NYSE:FSK) Target Price at $20.25

FS KKR Capital Corp. (NYSE:FSK - Get Free Report) has been given an average recommendation of "Hold" by the eight analysts that are covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation. The average 12-month price objective among analysts that have covered the stock in the last year is $20.25.

FSK has been the topic of several recent analyst reports. Wells Fargo & Company reiterated an "equal weight" rating and issued a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Royal Bank of Canada raised their price objective on FS KKR Capital from $20.00 to $21.00 and gave the company a "sector perform" rating in a research report on Monday, November 18th. Finally, B. Riley lowered 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.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of $21.31 per share, with a total value of $106,550.00. Following the transaction, the insider now owns 49,800 shares in the company, valued at $1,061,238. This represents a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 in the last quarter. 0.25% of the stock is owned by insiders.

Hedge Funds Weigh In On FS KKR Capital

Hedge funds have recently bought and sold shares of the business. McIlrath & Eck LLC raised its position in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock worth $41,000 after buying an additional 675 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in FS KKR Capital in the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. raised its position in FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock worth $60,000 after buying an additional 1,520 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in FS KKR Capital by 164.8% in 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 last quarter. Finally, Sound Income Strategies LLC raised its position in FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company's stock worth $195,000 after buying an additional 1,280 shares during the last quarter. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Trading Up 0.5 %

NYSE:FSK traded up $0.11 during trading hours on Friday, hitting $22.27. The company had a trading volume of 1,286,255 shares, compared to its average volume of 1,230,444. The company has a market capitalization of $6.24 billion, a PE ratio of 11.84 and a beta of 1.24. The stock has a 50-day moving average price of $21.55 and a 200 day moving average price of $20.55. FS KKR Capital has a 52 week low of $18.31 and a 52 week high of $22.40. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.

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

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.