Global Retirement Partners LLC Has $1.81 Million Stake in FS KKR Capital Corp. (NYSE:FSK)

Global Retirement Partners LLC decreased its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 29.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,131 shares of the company's stock after selling 35,271 shares during the quarter. Global Retirement Partners LLC's holdings in FS KKR Capital were worth $1,806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in FSK. Wescott Financial Advisory Group LLC lifted its stake in shares of 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 worth $417,000 after acquiring an additional 600 shares during the period. McIlrath & Eck LLC grew its position in shares of FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock valued at $41,000 after purchasing an additional 675 shares during the last quarter. Wagner Wealth Management LLC grew its position in FS KKR Capital by 6.4% during the fourth quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company's stock worth $245,000 after buying an additional 679 shares in the last quarter. Perigon Wealth Management LLC raised its stake in shares of 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 buying an additional 689 shares in the last quarter. Finally, Roman Butler Fullerton & Co. lifted its position in shares of FS KKR Capital by 3.4% during the 4th quarter. Roman Butler Fullerton & Co. now owns 23,077 shares of the company's stock worth $526,000 after buying an additional 769 shares during the period. 36.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FSK has been the subject of several research analyst reports. B. Riley downgraded 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. 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 research report on Monday, November 18th. JPMorgan Chase & Co. lifted their price target 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. Finally, Wells Fargo & Company restated an "equal weight" rating and issued a $21.00 price objective on shares of FS KKR Capital in a report on Monday, December 2nd. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $20.63.

FS KKR Capital Stock Down 0.1 %

Shares of NYSE:FSK traded down $0.04 during trading on Friday, hitting $23.72. 1,384,224 shares of the company's stock traded hands, compared to its average volume of 1,226,131. The company has a 50-day moving average price of $22.34 and a 200-day moving average price of $21.06. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $24.10. 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 company has a market cap of $6.64 billion, a price-to-earnings ratio of 12.61 and a beta of 1.25.

Insider Buying and Selling at FS KKR Capital

In other news, insider Brian Gerson purchased 5,000 shares of the business's stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the completion of the acquisition, the insider now directly owns 15,109 shares in the company, valued at approximately $333,606.72. This trade represents a 49.46 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have purchased 11,500 shares of company stock valued at $248,910. 0.25% of the stock is currently owned by corporate insiders.

FS KKR Capital 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.