Aurora Private Wealth Inc. Trims Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Aurora Private Wealth Inc. lessened its stake in FS KKR Capital Corp. (NYSE:FSK) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,478 shares of the company’s stock after selling 966 shares during the period. Aurora Private Wealth Inc.’s holdings in FS KKR Capital were worth $271,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FSK. McIlrath & Eck LLC grew its stake in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after buying an additional 675 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of FS KKR Capital in the 4th quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. boosted 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 purchasing an additional 1,520 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of 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 purchasing an additional 3,744 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of 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 purchasing an additional 1,280 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Insider Transactions at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average cost of $21.31 per share, with a total value of $106,550.00. Following the transaction, the insider now owns 49,800 shares of the company’s stock, valued at $1,061,238. This trade represents a 11.16 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have acquired 11,500 shares of company stock valued at $248,910 in the last three months. 0.25% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

FS KKR Capital Stock Up 0.6 %

Shares of NYSE FSK opened at $22.65 on Monday. 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 Corp. has a 12 month low of $18.31 and a 12 month high of $22.67. The firm has a market capitalization of $6.34 billion, a PE ratio of 12.05 and a beta of 1.24. The firm has a fifty day simple moving average of $21.71 and a two-hundred day simple moving average of $20.65.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. The business had revenue of $441.00 million during the quarter, compared to analyst estimates of $423.58 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. During the same period in the prior year, the business earned $0.80 EPS. Equities analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

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.