J.W. Cole Advisors Inc. Has $4.47 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

J.W. Cole Advisors Inc. raised its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 15.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 205,935 shares of the company’s stock after purchasing an additional 27,110 shares during the period. J.W. Cole Advisors Inc. owned 0.07% of FS KKR Capital worth $4,473,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FSK. International Assets Investment Management LLC grew 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 last quarter. Van ECK Associates Corp grew its stake in shares of FS KKR Capital by 11.7% in the fourth quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company’s stock worth $139,469,000 after acquiring an additional 673,420 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of FS KKR Capital in the third quarter worth $7,830,000. Flagship Harbor Advisors LLC acquired a new stake in shares of FS KKR Capital in the third quarter worth $7,290,000. Finally, Strategic Financial Concepts LLC grew its stake in shares of FS KKR Capital by 2,029.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 303,529 shares of the company’s stock worth $6,593,000 after acquiring an additional 289,278 shares during the last quarter. Institutional investors and hedge funds own 36.26% of the company’s stock.

FS KKR Capital Price Performance

FS KKR Capital stock opened at $23.70 on Friday. The firm has a market capitalization of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. FS KKR Capital Corp. has a 1 year low of $18.31 and a 1 year high of $23.73. The business has a 50-day moving average of $22.14 and a 200-day moving average of $20.95. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

Insider Transactions at FS KKR Capital

In related news, insider Brian Gerson bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was bought at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the transaction, the insider now owns 15,109 shares of the company’s stock, valued at $333,606.72. This represents a 49.46 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders purchased 11,500 shares of company stock worth $248,910. 0.25% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. JPMorgan Chase & Co. raised their target price 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. 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. 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. Finally, Royal Bank of Canada lifted their price objective on FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Monday, November 18th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus 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.