FS KKR Capital Corp. (NYSE:FSK) Short Interest Update

FS KKR Capital Corp. (NYSE:FSK - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,510,000 shares, an increase of 7.4% from the December 31st total of 4,200,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.6% of the shares of the company are short sold.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, insider Daniel Pietrzak bought 5,000 shares of the business'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 approximately $1,061,238. This trade represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders acquired 11,500 shares of company stock valued at $248,910. 0.25% of the stock is owned by insiders.

Institutional Trading of FS KKR Capital

Several institutional investors have recently made changes to their positions in FSK. McIlrath & Eck LLC grew its holdings in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock valued at $41,000 after buying an additional 675 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of FS KKR Capital by 194.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,353 shares of the company's stock worth $51,000 after acquiring an additional 1,554 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in FS KKR Capital in the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 valued at $60,000 after acquiring an additional 1,520 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new stake in FS KKR Capital in the 4th quarter worth $69,000. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Price Performance

Shares of FSK stock traded up $0.09 on Friday, hitting $23.23. 912,727 shares of the stock traded hands, compared to its average volume of 1,242,037. 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 has a 52 week low of $18.31 and a 52 week high of $23.47. The firm has a 50 day simple moving average of $21.95 and a two-hundred day simple moving average of $20.82. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 12.35 and a beta of 1.25.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted 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 business had revenue of $441.00 million for the quarter, compared to analysts' expectations 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 last year, the firm earned $0.80 earnings per share. As a group, equities research analysts predict that FS KKR Capital will post 2.89 earnings per share for the current fiscal year.

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.