FS KKR Capital Corp. (NYSE:FSK) Stock Holdings Boosted by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC boosted its position in FS KKR Capital Corp. (NYSE:FSK) by 86.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 224,593 shares of the company’s stock after purchasing an additional 104,016 shares during the quarter. Kingswood Wealth Advisors LLC owned about 0.08% of FS KKR Capital worth $4,878,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. PFG Investments LLC raised its holdings in shares of FS KKR Capital by 7.4% during the fourth quarter. PFG Investments LLC now owns 73,447 shares of the company’s stock valued at $1,595,000 after buying an additional 5,047 shares during the last quarter. Andina Capital Management LLC increased its position in FS KKR Capital by 3.7% in the 4th quarter. Andina Capital Management LLC now owns 95,627 shares of the company’s stock valued at $2,077,000 after acquiring an additional 3,417 shares during the period. Flagship Harbor Advisors LLC raised its stake in FS KKR Capital by 1.3% during the 4th quarter. Flagship Harbor Advisors LLC now owns 374,168 shares of the company’s stock valued at $8,127,000 after acquiring an additional 4,659 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in FS KKR Capital by 1.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 342,135 shares of the company’s stock worth $7,431,000 after acquiring an additional 5,825 shares during the period. Finally, LexAurum Advisors LLC grew its stake in shares of FS KKR Capital by 20.6% in the fourth quarter. LexAurum Advisors LLC now owns 47,991 shares of the company’s stock worth $1,042,000 after purchasing an additional 8,211 shares in the last quarter. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at FS KKR Capital

In other news, insider Brian Gerson bought 5,000 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average cost of $22.08 per share, with a total value of $110,400.00. Following the completion of the transaction, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have purchased 11,500 shares of company stock valued at $248,910 over the last three months. Company insiders own 0.25% of the company’s stock.

FS KKR Capital Stock Up 0.6 %

NYSE FSK opened at $22.65 on Monday. FS KKR Capital Corp. has a 12 month low of $18.31 and a 12 month high of $22.67. The company has a market capitalization of $6.34 billion, a P/E ratio of 12.05 and a beta of 1.24. The company’s 50 day simple moving average is $21.71 and its 200 day simple moving average is $20.65. 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 (NYSE:FSK) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.04. The company had revenue of $441.00 million for the quarter, compared to analysts’ expectations 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 prior year, the company earned $0.80 earnings per share. Equities research analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FSK shares. B. Riley cut 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 research note on Wednesday, December 11th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $21.00 price target on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, Royal Bank of Canada raised 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 note on Monday, November 18th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat, FS KKR Capital has a consensus rating of “Hold” and a consensus target price of $20.25.

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.