Proactive Wealth Strategies LLC Has $1.41 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Proactive Wealth Strategies LLC lifted its stake in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 24.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,966 shares of the company's stock after purchasing an additional 12,926 shares during the quarter. Proactive Wealth Strategies LLC's holdings in FS KKR Capital were worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wescott Financial Advisory Group LLC increased its position in FS KKR Capital by 2.9% in the 3rd quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company's stock valued at $417,000 after acquiring an additional 600 shares during the period. McIlrath & Eck LLC increased 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 valued at $41,000 after acquiring an additional 675 shares during the period. Wagner Wealth Management LLC increased its position in FS KKR Capital by 6.4% in the 4th quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock valued at $245,000 after acquiring an additional 679 shares during the period. Perigon Wealth Management LLC increased its position in FS KKR Capital by 5.0% in the 4th quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company's stock valued at $321,000 after acquiring an additional 689 shares during the period. Finally, Roman Butler Fullerton & Co. increased its position in FS KKR Capital by 3.4% in the 4th quarter. Roman Butler Fullerton & Co. now owns 23,077 shares of the company's stock valued at $526,000 after acquiring an additional 769 shares during the period. 36.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FSK has been the subject of a number of research reports. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $21.00 price target on shares of FS KKR Capital in a research note on Monday, December 2nd. Royal Bank of Canada increased their price target on FS KKR Capital from $20.00 to $21.00 and gave the company a "sector perform" rating in a research note on Monday, November 18th. JPMorgan Chase & Co. increased their price target on FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Finally, B. Riley lowered FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target for the company. in a research note on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat, FS KKR Capital presently has a consensus rating of "Hold" and a consensus target price of $20.63.

FS KKR Capital Price Performance

Shares of FSK traded down $0.04 during trading hours on Friday, hitting $23.72. 1,384,224 shares of the company were exchanged, compared to its average volume of 1,226,131. The company has a market capitalization of $6.64 billion, a PE ratio of 12.61 and a beta of 1.25. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a fifty day simple moving average of $22.34 and a 200-day simple moving average of $21.06. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $24.10.

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 dated 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 completion of the transaction, the insider now directly owns 49,800 shares in the company, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 in the last three months. 0.25% of the stock is currently owned by corporate insiders.

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.