Bey Douglas LLC Sells 2,556 Shares of FS KKR Capital Corp. (NYSE:FSK)

Bey Douglas LLC decreased its position in FS KKR Capital Corp. (NYSE:FSK) by 4.6% during the 4th quarter, HoldingsChannel reports. The fund owned 53,611 shares of the company’s stock after selling 2,556 shares during the quarter. FS KKR Capital comprises about 1.0% of Bey Douglas LLC’s portfolio, making the stock its 20th largest holding. Bey Douglas LLC’s holdings in FS KKR Capital were worth $1,164,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Fountainhead AM LLC grew its holdings in shares of FS KKR Capital by 9.8% in the 3rd quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock valued at $15,798,000 after acquiring an additional 71,644 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in FS KKR Capital by 86.3% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company’s stock valued at $4,878,000 after purchasing an additional 104,016 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of FS KKR Capital by 18.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock worth $5,023,000 after purchasing an additional 39,086 shares during the last quarter. Graypoint LLC increased its position in shares of FS KKR Capital by 23.1% during the 4th quarter. Graypoint LLC now owns 139,504 shares of the company’s stock worth $3,030,000 after purchasing an additional 26,174 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of 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 purchasing an additional 3,012,711 shares in the last quarter. Institutional investors and hedge funds own 36.26% of the company’s stock.

FS KKR Capital Stock Up 0.0 %

Shares of FSK opened at $23.38 on Friday. The firm has a market cap of $6.55 billion, a P/E ratio of 12.43 and a beta of 1.25. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. FS KKR Capital Corp. has a 52 week low of $18.31 and a 52 week high of $23.47. The firm’s 50-day simple moving average is $22.06 and its 200 day simple moving average is $20.91.

Insider Transactions at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This represents a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought a total of 11,500 shares of company stock worth $248,910 over the last quarter. Company insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FSK. Wells Fargo & Company restated 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 report on Monday, November 18th. B. Riley cut shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. boosted their price target on FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital has a consensus rating of “Hold” and a consensus target price of $20.63.

FS KKR Capital 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.