Graypoint LLC Has $3.03 Million Position in FS KKR Capital Corp. (NYSE:FSK)

Graypoint LLC boosted its position in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 23.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,504 shares of the company's stock after acquiring an additional 26,174 shares during the quarter. Graypoint LLC's holdings in FS KKR Capital were worth $3,030,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. McIlrath & Eck LLC raised its stake 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 acquiring an additional 675 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company's stock valued at $119,000 after purchasing an additional 3,744 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of FS KKR Capital in the 2nd quarter valued at about $168,000. Sound Income Strategies LLC boosted its stake in shares of FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company's stock valued at $195,000 after buying an additional 1,280 shares during the period. Finally, Sunpointe LLC acquired a new position in shares of FS KKR Capital during the third quarter worth about $204,000. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak acquired 5,000 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $21.31 per share, with a total value 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. This trade represents a 11.16 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders acquired 11,500 shares of company stock valued at $248,910. 0.25% of the stock is currently owned by corporate insiders.

FS KKR Capital Price Performance

FSK stock traded down $0.18 during trading on Friday, reaching $21.20. 1,306,858 shares of the company were exchanged, compared to its average volume of 1,356,843. The stock's 50 day moving average price is $21.45 and its 200 day moving average price is $20.49. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $22.39. 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 market cap of $5.94 billion, a P/E ratio of 11.28 and a beta of 1.24.

FS KKR Capital (NYSE:FSK - Get Free Report) last announced its 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. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $441.00 million for the quarter, compared to analysts' expectations of $423.58 million. During the same quarter in the prior year, the firm earned $0.80 EPS. As a group, analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FSK has been the subject of several analyst reports. Royal Bank of Canada boosted their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a "sector perform" rating in a report on Monday, November 18th. Wells Fargo & Company reiterated an "equal weight" rating and set a $21.00 target price on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, B. Riley cut FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price target on the stock. in a research note on Wednesday, December 11th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, FS KKR Capital presently has an average rating of "Hold" and an average target price of $20.25.

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.