FS KKR Capital Corp. (NYSE:FSK) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC boosted its holdings in shares of FS KKR Capital Corp. (NYSE:FSK - Free Report) by 172.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,082 shares of the company's stock after buying an additional 49,401 shares during the quarter. Venturi Wealth Management LLC's holdings in FS KKR Capital were worth $1,696,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FSK. Van ECK Associates Corp raised its stake in FS KKR Capital by 11.7% during the 4th quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company's stock worth $139,469,000 after acquiring an additional 673,420 shares in the last quarter. International Assets Investment Management LLC raised its stake in FS KKR Capital by 1,967.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company's stock worth $62,462,000 after acquiring an additional 3,012,711 shares in the last quarter. Strong Tower Advisory Services raised its stake in FS KKR Capital by 3.5% during the 4th quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company's stock worth $23,252,000 after acquiring an additional 36,127 shares in the last quarter. Private Advisor Group LLC raised its stake in FS KKR Capital by 4.1% during the 3rd quarter. Private Advisor Group LLC now owns 894,704 shares of the company's stock worth $17,653,000 after acquiring an additional 35,455 shares in the last quarter. Finally, Fountainhead AM LLC raised its stake in FS KKR Capital by 9.8% during the 3rd quarter. Fountainhead AM LLC now owns 800,731 shares of the company's stock worth $15,798,000 after acquiring an additional 71,644 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company's stock.

FS KKR Capital Price Performance

FSK stock traded down $0.04 during trading on Friday, reaching $23.72. 1,384,224 shares of the company were exchanged, compared to its average volume of 1,226,131. The company has a market cap of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $24.10. The stock's 50 day moving average price is $22.34 and its 200 day moving average price is $21.06. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

Analyst Upgrades and Downgrades

FSK has been the topic of a number of recent research reports. B. Riley lowered 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. 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. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Finally, Royal Bank of Canada lifted their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the company a "sector perform" rating in a report on Monday, November 18th. Eight analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $20.63.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction on Thursday, December 5th. The shares were bought 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 of the company's stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have purchased 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company's stock.

FS KKR Capital Company 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.