FS KKR Capital Corp. (NYSE:FSK) Stock Holdings Increased by Family Wealth Partners LLC

Family Wealth Partners LLC grew its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 6.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 24,356 shares of the company’s stock after acquiring an additional 1,576 shares during the quarter. Family Wealth Partners LLC’s holdings in FS KKR Capital were worth $529,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fountainhead AM LLC lifted its position in FS KKR Capital by 9.8% in the third quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock worth $15,798,000 after purchasing an additional 71,644 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of FS KKR Capital by 18.1% in the third quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock valued at $5,023,000 after buying an additional 39,086 shares during the period. International Assets Investment Management LLC grew its holdings in FS KKR Capital by 1,967.7% during the third 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 during the period. Cascade Investment Group Inc. bought a new stake in FS KKR Capital in the third quarter worth about $1,038,000. Finally, Graypoint LLC lifted its holdings in FS KKR Capital by 23.1% in the 4th quarter. Graypoint LLC now owns 139,504 shares of the company’s stock valued at $3,030,000 after acquiring an additional 26,174 shares during the last quarter. Institutional investors own 36.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on FSK shares. Wells Fargo & Company reiterated an “equal weight” rating and issued a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Royal Bank of Canada increased their price objective on 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. Finally, B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a research note on Wednesday, December 11th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.25.

Insider Buying and Selling at FS KKR Capital

In related news, insider Brian Gerson purchased 5,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the acquisition, the insider now directly owns 15,109 shares in the company, valued at approximately $333,606.72. The trade was a 49.46 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have acquired a total of 11,500 shares of company stock valued at $248,910 in the last 90 days. 0.25% of the stock is currently owned by corporate insiders.

FS KKR Capital Trading Up 1.3 %

FS KKR Capital stock opened at $22.14 on Friday. The company has a 50 day moving average price of $21.55 and a 200 day moving average price of $20.55. 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 $22.39. The firm has a market capitalization of $6.20 billion, a price-to-earnings ratio of 11.77 and a beta of 1.24.

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

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.