FS KKR Capital Corp. (NYSE:FSK) Shares Purchased by AA Financial Advisors LLC

AA Financial Advisors LLC increased its holdings in FS KKR Capital Corp. (NYSE:FSK - Free Report) by 11.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 111,156 shares of the company's stock after acquiring an additional 11,727 shares during the quarter. AA Financial Advisors LLC's holdings in FS KKR Capital were worth $2,414,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of FS KKR Capital by 1,967.7% in the third quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company's stock valued at $62,462,000 after buying an additional 3,012,711 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in FS KKR Capital during the 2nd quarter valued at approximately $19,544,000. Legacy Investment Solutions LLC acquired a new stake in FS KKR Capital during the 3rd quarter worth approximately $7,830,000. Flagship Harbor Advisors LLC purchased a new position in shares of FS KKR Capital in the 3rd quarter valued at approximately $7,290,000. Finally, Van ECK Associates Corp increased its holdings in shares of FS KKR Capital by 6.6% in the third quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company's stock valued at $117,886,000 after purchasing an additional 356,704 shares during the period. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Price Performance

Shares of NYSE:FSK traded up $0.05 during trading on Tuesday, hitting $23.26. 862,078 shares of the stock were exchanged, compared to its average volume of 1,268,692. The company has a market cap of $6.51 billion, a PE ratio of 12.37 and a beta of 1.25. 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 fifty day moving average price of $21.86 and a two-hundred day moving average price of $20.75. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $23.47.

FS KKR Capital (NYSE:FSK - Get Free Report) last posted its 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. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The company had revenue of $441.00 million for the quarter, compared to analyst estimates of $423.58 million. During the same quarter in the prior year, the company earned $0.80 earnings per share. On average, analysts forecast that FS KKR Capital Corp. will post 2.89 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FSK. Royal Bank of Canada lifted 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. JPMorgan Chase & Co. boosted 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 note on Monday. B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target for the company. in a report on Wednesday, December 11th. Finally, Wells Fargo & Company reaffirmed 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, According to data from MarketBeat.com, FS KKR Capital presently has an average rating of "Hold" and an average target price of $20.63.

Insider Buying and Selling

In related news, insider Daniel Pietrzak acquired 5,000 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now owns 49,800 shares in the company, valued at $1,061,238. This trade represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders purchased 11,500 shares of company stock worth $248,910 in the last ninety days. Insiders own 0.25% of the company's stock.

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.