FS KKR Capital Corp. (NYSE:FSK) Shares Sold by BLB&B Advisors LLC

BLB&B Advisors LLC trimmed its position in FS KKR Capital Corp. (NYSE:FSK) by 17.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 80,285 shares of the company’s stock after selling 16,516 shares during the period. BLB&B Advisors LLC’s holdings in FS KKR Capital were worth $1,744,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. McIlrath & Eck LLC raised its position 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 buying an additional 675 shares during the period. FNY Investment Advisers LLC acquired a new stake in FS KKR Capital during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 acquiring an additional 1,520 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in FS KKR Capital by 164.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after purchasing an additional 3,744 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in shares of FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company’s stock valued at $195,000 after purchasing an additional 1,280 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction that occurred on Thursday, December 5th. The shares were purchased 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 in the company, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders have purchased 11,500 shares of company stock worth $248,910. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Trading Up 0.4 %

NYSE FSK opened at $23.23 on Friday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 12.35 and a beta of 1.25. The firm has a 50 day simple moving average of $21.95 and a 200-day simple moving average of $20.82. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $23.47.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.70 by $0.04. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. The company had revenue of $441.00 million during the quarter, compared to analysts’ expectations of $423.58 million. During the same quarter last year, the company posted $0.80 EPS. Equities research analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FSK. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. JPMorgan Chase & Co. lifted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. 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 report on Wednesday, December 11th. 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 equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital has an average rating of “Hold” and a consensus target price of $20.63.

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.