Oregon Pacific Wealth Management LLC Purchases New Stake in FS KKR Capital Corp. (NYSE:FSK)

Oregon Pacific Wealth Management LLC bought a new stake in FS KKR Capital Corp. (NYSE:FSK - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,225 shares of the company's stock, valued at approximately $287,000.

Several other institutional investors have also recently bought and sold shares of the business. McIlrath & Eck LLC grew its holdings in shares of FS KKR Capital by 47.5% during the 3rd 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. FNY Investment Advisers LLC bought a new stake in shares of FS KKR Capital during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock worth $60,000 after buying an additional 1,520 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of FS KKR Capital by 164.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company's stock valued at $119,000 after acquiring an additional 3,744 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in FS KKR Capital by 14.9% during the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company's stock worth $195,000 after acquiring an additional 1,280 shares during the last quarter. Institutional investors and hedge funds own 36.26% of the company's stock.

Insiders Place Their Bets

In related news, insider Daniel Pietrzak bought 5,000 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have acquired 11,500 shares of company stock worth $248,910. Corporate insiders own 0.25% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on FSK. Royal Bank of Canada increased their target price on 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. raised their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Monday. Wells Fargo & Company reissued an "equal weight" rating and set a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Finally, B. Riley downgraded 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 research note on Wednesday, December 11th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $20.63.

FS KKR Capital Trading Up 0.2 %

FSK traded up $0.05 during trading on Thursday, reaching $23.15. 869,869 shares of the stock traded hands, compared to its average volume of 1,259,990. 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 stock's 50-day moving average is $21.93 and its 200 day moving average is $20.81. FS KKR Capital Corp. has a 12 month low of $18.31 and a 12 month high of $23.47. The stock has a market capitalization of $6.48 billion, a PE ratio of 12.31 and a beta of 1.25.

FS KKR Capital (NYSE:FSK - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, topping 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 business had revenue of $441.00 million during the quarter, compared to analysts' expectations of $423.58 million. During the same quarter last year, the firm posted $0.80 earnings per share. Equities analysts anticipate that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

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.