Realta Investment Advisors Acquires Shares of 11,136 FS KKR Capital Corp. (NYSE:FSK)

Realta Investment Advisors bought a new position in shares of FS KKR Capital Corp. (NYSE:FSK) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 11,136 shares of the company’s stock, valued at approximately $245,000.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in FS KKR Capital by 1,967.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company’s stock worth $62,462,000 after purchasing an additional 3,012,711 shares during the period. Legacy Investment Solutions LLC purchased a new stake in shares of FS KKR Capital in the third quarter worth about $7,830,000. Flagship Harbor Advisors LLC acquired a new stake in FS KKR Capital during the third quarter worth about $7,290,000. Van ECK Associates Corp raised its position in FS KKR Capital by 6.6% during the third quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company’s stock valued at $117,886,000 after acquiring an additional 356,704 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in 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 valued at $6,593,000 after acquiring an additional 289,278 shares during the period. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Wells Fargo & Company restated 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. Royal Bank of Canada upped their price objective on shares of 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. Finally, B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a research note on Wednesday, December 11th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $20.63.

FS KKR Capital Stock Up 0.4 %

Shares of NYSE FSK opened at $23.23 on Friday. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 12.35 and a beta of 1.25. The company’s 50-day simple moving average is $21.95 and its 200-day simple moving average is $20.82. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $23.47.

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

Insider Activity

In other FS KKR Capital news, insider Brian Gerson purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were purchased at an average cost of $22.08 per share, with a total value of $110,400.00. Following the completion of the purchase, the insider now owns 15,109 shares in the company, valued at approximately $333,606.72. This represents a 49.46 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders have bought a total of 11,500 shares of company stock worth $248,910 over the last quarter. 0.25% of the stock is currently owned by corporate insiders.

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.