Apollon Wealth Management LLC Purchases 95,751 Shares of FS KKR Capital Corp. (NYSE:FSK)

Apollon Wealth Management LLC raised its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 136.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,088 shares of the company’s stock after acquiring an additional 95,751 shares during the quarter. Apollon Wealth Management LLC owned about 0.06% of FS KKR Capital worth $3,607,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Wescott Financial Advisory Group LLC boosted its position in FS KKR Capital by 2.9% during the third quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company’s stock valued at $417,000 after acquiring an additional 600 shares during the last quarter. McIlrath & Eck LLC boosted its position in FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after acquiring an additional 675 shares during the last quarter. Perigon Wealth Management LLC boosted its position in FS KKR Capital by 5.0% during the fourth quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company’s stock valued at $321,000 after acquiring an additional 689 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its holdings in shares of FS KKR Capital by 1.9% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 49,985 shares of the company’s stock valued at $1,086,000 after purchasing an additional 919 shares during the period. Finally, Centaurus Financial Inc. raised its holdings in shares of FS KKR Capital by 0.8% during the third quarter. Centaurus Financial Inc. now owns 116,701 shares of the company’s stock valued at $2,303,000 after purchasing an additional 935 shares during the period. Institutional investors own 36.26% of the company’s stock.

Insider Buying and Selling at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the purchase, the insider now owns 49,800 shares in the company, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders bought 11,500 shares of company stock worth $248,910. Insiders own 0.25% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FSK shares. Wells Fargo & Company reiterated an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a report on Monday, December 2nd. 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. Royal Bank of Canada upped 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 report on Monday, November 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, FS KKR Capital currently has an average rating of “Hold” and an average price target of $20.63.

FS KKR Capital Trading Up 0.4 %

FSK opened at $23.23 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $23.47. The firm has a market capitalization of $6.50 billion, a PE ratio of 12.35 and a beta of 1.25. The company’s 50-day moving average is $21.97 and its 200 day moving average is $20.84.

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

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.