BLB&B Advisors LLC Sells 16,516 Shares of FS KKR Capital Corp. (NYSE:FSK)

BLB&B Advisors LLC decreased its holdings in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 80,285 shares of the company's stock after selling 16,516 shares during the period. BLB&B Advisors LLC's holdings in FS KKR Capital were worth $1,744,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wescott Financial Advisory Group LLC raised its stake in FS KKR Capital by 2.9% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company's stock worth $417,000 after buying an additional 600 shares during the period. McIlrath & Eck LLC boosted its stake in shares of 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. Perigon Wealth Management LLC grew its stake 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 purchasing an additional 689 shares during the period. Onyx Bridge Wealth Group LLC raised its stake in shares of FS KKR Capital by 1.9% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 49,985 shares of the company's stock worth $1,086,000 after purchasing an additional 919 shares during the period. Finally, Centaurus Financial Inc. boosted its holdings in shares of FS KKR Capital by 0.8% in the 3rd quarter. Centaurus Financial Inc. now owns 116,701 shares of the company's stock worth $2,303,000 after buying an additional 935 shares during the last quarter. 36.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the acquisition, the insider now directly owns 49,800 shares in the company, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought a total of 11,500 shares of company stock valued at $248,910 over the last three months. 0.25% of the stock is owned by company insiders.

FS KKR Capital Trading Up 0.9 %

FSK stock traded up $0.21 during trading on Wednesday, hitting $23.37. 1,060,245 shares of the company traded hands, compared to its average volume of 1,213,109. The firm has a market capitalization of $6.55 billion, a PE ratio of 12.43 and a beta of 1.25. FS KKR Capital Corp. has a 1 year low of $18.31 and a 1 year high of $23.47. 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 50-day moving average of $22.02 and a 200-day moving average of $20.89.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FSK. JPMorgan Chase & Co. lifted their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Wells Fargo & Company restated 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 raised their price objective on shares of 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 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. Eight research 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.

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.