Mirae Asset Global Investments Co. Ltd. purchased a new position in FS KKR Capital Corp. (NYSE:FSK - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 21,300 shares of the company's stock, valued at approximately $462,000.
Other hedge funds have also recently made changes to their positions in the company. McIlrath & Eck LLC boosted its position 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 purchasing an additional 675 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of FS KKR Capital in the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock worth $60,000 after purchasing an additional 1,520 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of 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 worth $119,000 after purchasing an additional 3,744 shares in the last quarter. Finally, Financial Life Planners bought a new stake in shares of FS KKR Capital in the 4th quarter worth approximately $206,000. 36.26% of the stock is owned by institutional investors.
Insider Buying and Selling at FS KKR Capital
In other FS KKR Capital news, insider Brian Gerson acquired 5,000 shares of the business's stock in a transaction dated Tuesday, December 3rd. The stock was purchased at an average price of $22.08 per share, with a total value of $110,400.00. Following the transaction, the insider now directly owns 15,109 shares in the company, valued at approximately $333,606.72. The trade was a 49.46 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders purchased 11,500 shares of company stock worth $248,910. Insiders own 0.25% of the company's stock.
FS KKR Capital Stock Performance
FSK traded up $0.34 during mid-day trading on Friday, reaching $23.70. 1,237,699 shares of the company traded hands, compared to its average volume of 1,170,332. The stock has a market capitalization of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The company's fifty day moving average price is $22.14 and its 200-day moving average price is $20.96. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $23.73.
Analysts Set New Price Targets
A number of brokerages have recently commented on FSK. Royal Bank of Canada boosted their price target on FS KKR Capital from $20.00 to $21.00 and gave the stock a "sector perform" rating in a research report on Monday, November 18th. JPMorgan Chase & Co. boosted their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. 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. Finally, B. Riley lowered shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective for the company. in a report on Wednesday, December 11th. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $20.63.
View Our Latest Stock Analysis on FS KKR Capital
FS KKR Capital Profile
(
Free Report)
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.
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