Sanctuary Advisors LLC Has $21.44 Million Holdings in FS KKR Capital Corp. (NYSE:FSK)

Sanctuary Advisors LLC cut its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 927,528 shares of the company's stock after selling 33,556 shares during the quarter. Sanctuary Advisors LLC owned 0.33% of FS KKR Capital worth $21,435,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. McIlrath & Eck LLC increased its holdings in shares of FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company's stock worth $41,000 after purchasing an additional 675 shares during the period. FNY Investment Advisers LLC bought a new position in shares of FS KKR Capital during the fourth quarter worth approximately $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 purchasing an additional 1,520 shares during the period. Roxbury Financial LLC bought a new position in shares of FS KKR Capital during the fourth quarter worth approximately $69,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of FS KKR Capital by 164.8% during the third 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 during the period. 36.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on FSK. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. 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 note on Monday, November 18th. JPMorgan Chase & Co. lifted their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Finally, B. Riley cut shares of FS KKR Capital from a "buy" rating to a "neutral" rating and set a $21.50 price objective on the stock. in a research note on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $20.63.

FS KKR Capital Price Performance

FS KKR Capital stock traded down $0.04 during mid-day trading on Friday, reaching $23.72. The company had a trading volume of 1,384,224 shares, compared to its average volume of 1,226,131. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two 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 P/E ratio of 12.61 and a beta of 1.25. The business has a fifty day simple moving average of $22.34 and a 200 day simple moving average of $21.06.

Insider Buying and Selling at FS KKR Capital

In related news, insider Brian Gerson bought 5,000 shares of the business's stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of $22.08 per share, for a total transaction of $110,400.00. Following the completion of the transaction, the insider now directly owns 15,109 shares of the company's stock, valued at approximately $333,606.72. This represents a 49.46 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders have purchased 11,500 shares of company stock worth $248,910 over the last quarter. Corporate 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.