Silver Oak Securities Incorporated purchased a new position in FS KKR Capital Corp. (NYSE:FSK - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 30,067 shares of the company's stock, valued at approximately $652,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FSK. McIlrath & Eck LLC lifted 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 worth $41,000 after acquiring an additional 675 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of FS KKR Capital in the 4th quarter valued at approximately $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of FS KKR Capital by 122.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company's stock valued at $60,000 after buying an additional 1,520 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position 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 buying an additional 3,744 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in shares of FS KKR Capital by 14.9% in the third quarter. Sound Income Strategies LLC now owns 9,885 shares of the company's stock worth $195,000 after buying an additional 1,280 shares during the last quarter. Hedge funds and other institutional investors own 36.26% of the company's stock.
FS KKR Capital Stock Performance
Shares of NYSE:FSK traded up $0.06 during trading on Tuesday, hitting $23.17. 715,415 shares of the company traded hands, compared to its average volume of 1,218,773. 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 business's fifty day moving average is $21.99 and its 200-day moving average is $20.87. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 12.33 and a beta of 1.25. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $23.47.
Wall Street Analyst Weigh In
Several research analysts have weighed in on FSK shares. 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. JPMorgan Chase & Co. boosted their price objective on FS KKR Capital from $20.00 to $22.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Wells Fargo & Company restated an "equal weight" rating and set a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, Royal Bank of Canada lifted their target price 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. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, FS KKR Capital presently has a consensus rating of "Hold" and an average price target of $20.63.
Check Out Our Latest Stock Report on FSK
Insider Buying and Selling
In other news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction on Thursday, December 5th. The stock was purchased at an average cost of $21.31 per share, with a total value of $106,550.00. Following the purchase, the insider now directly owns 49,800 shares of the company's stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders purchased a total of 11,500 shares of company stock worth $248,910 in the last three months. 0.25% of the stock is owned by insiders.
About FS KKR Capital
(
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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