Sigma Planning Corp Increases Position in FS KKR Capital Corp. (NYSE:FSK)

Sigma Planning Corp grew its holdings in FS KKR Capital Corp. (NYSE:FSK) by 7.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 207,624 shares of the company’s stock after acquiring an additional 13,943 shares during the period. Sigma Planning Corp’s holdings in FS KKR Capital were worth $4,510,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FSK. McIlrath & Eck LLC raised its stake in shares of 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 acquiring an additional 675 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of FS KKR Capital in the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. raised 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 valued at $60,000 after acquiring an additional 1,520 shares during the period. Roxbury Financial LLC purchased a new position in shares of FS KKR Capital in the 4th quarter valued at $69,000. Finally, Nomura Asset Management Co. Ltd. grew its holdings in FS KKR Capital by 164.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after purchasing an additional 3,744 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

FS KKR Capital Price Performance

Shares of FSK stock opened at $23.72 on Friday. The firm has a market cap of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. 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 Corp. has a 1-year low of $18.31 and a 1-year high of $24.10. The firm has a fifty day moving average of $22.38 and a two-hundred day moving average of $21.10.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction dated 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 transaction, the insider now owns 49,800 shares in the company, valued at $1,061,238. This represents a 11.16 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 in the last ninety days. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on FSK shares. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. JPMorgan Chase & Co. raised 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. B. Riley lowered shares of 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 raised their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a report on Monday, November 18th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $20.63.

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.