FS KKR Capital Corp. (NYSE:FSK) Shares Sold by Denali Advisors LLC

Denali Advisors LLC lessened its holdings in FS KKR Capital Corp. (NYSE:FSK) by 9.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 298,518 shares of the company’s stock after selling 32,291 shares during the period. Denali Advisors LLC’s holdings in FS KKR Capital were worth $6,484,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Creative Planning boosted its stake in FS KKR Capital by 1.1% in the 3rd quarter. Creative Planning now owns 97,849 shares of the company’s stock worth $1,931,000 after purchasing an additional 1,041 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of FS KKR Capital by 6.2% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 31,562 shares of the company’s stock worth $623,000 after buying an additional 1,854 shares during the last quarter. Tyche Wealth Partners LLC acquired a new stake in shares of FS KKR Capital during the third quarter worth $250,000. Andina Capital Management LLC grew its holdings in shares of FS KKR Capital by 8.0% during the third quarter. Andina Capital Management LLC now owns 92,210 shares of the company’s stock valued at $1,819,000 after buying an additional 6,796 shares during the last quarter. Finally, Financial Advocates Investment Management increased its position in shares of FS KKR Capital by 21.9% in the 3rd quarter. Financial Advocates Investment Management now owns 12,362 shares of the company’s stock valued at $244,000 after acquiring an additional 2,223 shares during the period. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Wall Street Analysts Forecast Growth

FSK has been the subject of a number of research reports. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a research report on Monday, December 2nd. B. Riley downgraded FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price for the company. in a report on Wednesday, December 11th. JPMorgan Chase & Co. increased their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada lifted 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 MarketBeat, FS KKR Capital currently has an average rating of “Hold” and an average price target of $20.63.

Insider Transactions at FS KKR Capital

In other news, insider Daniel Pietrzak purchased 5,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the acquisition, the insider now owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought 11,500 shares of company stock valued at $248,910 in the last 90 days. 0.25% of the stock is currently owned by company insiders.

FS KKR Capital Stock Down 0.4 %

Shares of FSK stock opened at $23.38 on Wednesday. FS KKR Capital Corp. has a twelve month low of $18.31 and a twelve month high of $24.10. The stock has a market cap of $6.55 billion, a P/E ratio of 12.44 and a beta of 1.25. The stock has a 50 day moving average of $22.43 and a 200 day moving average of $21.15. 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 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.