FS KKR Capital Corp. (NYSE:FSK) Shares Bought by MONECO Advisors LLC

MONECO Advisors LLC grew its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 241.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 53,640 shares of the company’s stock after buying an additional 37,939 shares during the quarter. MONECO Advisors LLC’s holdings in FS KKR Capital were worth $1,165,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. McIlrath & Eck LLC grew its position in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after buying an additional 675 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital in the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of 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 worth $60,000 after acquiring an additional 1,520 shares during the period. Roxbury Financial LLC acquired a new position in shares of FS KKR Capital during the fourth quarter valued at approximately $69,000. Finally, Nomura Asset Management Co. Ltd. raised its holdings in FS KKR Capital by 164.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock worth $119,000 after purchasing an additional 3,744 shares in the last quarter. 36.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at FS KKR Capital

In other news, insider Daniel Pietrzak purchased 5,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were acquired at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the acquisition, the insider now directly owns 49,800 shares of the company’s stock, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders bought 11,500 shares of company stock valued at $248,910. 0.25% of the stock is currently owned by corporate insiders.

FS KKR Capital Trading Down 0.1 %

NYSE:FSK opened at $23.72 on Monday. The stock has a fifty day simple moving average of $22.38 and a 200 day simple moving average of $21.12. The firm has a market capitalization of $6.64 billion, a price-to-earnings 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 $24.10. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.

Analyst Upgrades and Downgrades

FSK has been the subject of a number of research reports. Royal Bank of Canada increased their price target on 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. Wells Fargo & Company restated an “equal weight” rating and issued a $21.00 price objective on shares of FS KKR Capital in a report on Monday, December 2nd. B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. upped their price target 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 equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital presently has an average rating of “Hold” and a consensus target price of $20.63.

About FS KKR Capital

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.