RFG Advisory LLC Has $2.37 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

RFG Advisory LLC lessened its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 109,165 shares of the company’s stock after selling 4,028 shares during the period. RFG Advisory LLC’s holdings in FS KKR Capital were worth $2,371,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. McIlrath & Eck LLC lifted its position in shares of FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after purchasing an additional 675 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of FS KKR Capital during the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after acquiring an additional 1,520 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after acquiring an additional 3,744 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company’s stock valued at $195,000 after acquiring an additional 1,280 shares in the last quarter. Institutional investors and hedge funds own 36.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on FSK. Royal Bank of Canada upped 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. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Finally, B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target for the company. in a report on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat.com, FS KKR Capital has an average rating of “Hold” and an average price target of $20.25.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares in the company, valued at approximately $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders have acquired a total of 11,500 shares of company stock worth $248,910 in the last three months. Insiders own 0.25% of the company’s stock.

FS KKR Capital Trading Up 0.6 %

FSK stock opened at $22.65 on Friday. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $22.67. The firm has a market cap of $6.34 billion, a P/E ratio of 12.05 and a beta of 1.24. The business’s 50 day moving average is $21.71 and its 200-day moving average is $20.65. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 earnings per share 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 analyst estimates 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 period in the prior year, the company posted $0.80 EPS. Equities analysts anticipate 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.