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

Venturi Wealth Management LLC lifted its position in FS KKR Capital Corp. (NYSE:FSK) by 172.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 78,082 shares of the company’s stock after acquiring an additional 49,401 shares during the period. Venturi Wealth Management LLC’s holdings in FS KKR Capital were worth $1,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Van ECK Associates Corp raised its position 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 buying an additional 673,420 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of FS KKR Capital by 1,967.7% in 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. Strong Tower Advisory Services raised its holdings in shares of FS KKR Capital by 3.5% during the fourth quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company’s stock worth $23,252,000 after purchasing an additional 36,127 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of FS KKR Capital by 4.1% during the third quarter. Private Advisor Group LLC now owns 894,704 shares of the company’s stock worth $17,653,000 after purchasing an additional 35,455 shares during the last quarter. Finally, Fountainhead AM LLC lifted its position in FS KKR Capital by 9.8% during the third quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock valued at $15,798,000 after purchasing an additional 71,644 shares during the period. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the acquisition, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 11,500 shares of company stock valued at $248,910 over the last 90 days. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Price Performance

Shares of NYSE FSK opened at $23.93 on Wednesday. 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 $6.70 billion, a PE ratio of 12.73 and a beta of 1.25. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $24.04. The firm has a fifty day moving average of $22.19 and a 200 day moving average of $20.98.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FSK. B. Riley downgraded FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target on the stock. in a research report on Wednesday, December 11th. Wells Fargo & Company reaffirmed 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 boosted their price target on 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 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 equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target 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.