FS KKR Capital Corp. (NYSE:FSK) Shares Acquired by LexAurum Advisors LLC

LexAurum Advisors LLC boosted its stake in FS KKR Capital Corp. (NYSE:FSK) by 20.6% during the 4th quarter, HoldingsChannel reports. The fund owned 47,991 shares of the company’s stock after buying an additional 8,211 shares during the period. LexAurum Advisors LLC’s holdings in FS KKR Capital were worth $1,042,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in shares of FS KKR Capital by 1,967.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company’s stock valued at $62,462,000 after purchasing an additional 3,012,711 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in FS KKR Capital during the second quarter valued at approximately $19,544,000. Legacy Investment Solutions LLC acquired a new stake in FS KKR Capital during the third quarter valued at approximately $7,830,000. Flagship Harbor Advisors LLC bought a new position in FS KKR Capital during the 3rd quarter worth approximately $7,290,000. Finally, Van ECK Associates Corp increased its holdings in shares of FS KKR Capital by 6.6% in the 3rd 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 during the last quarter. 36.26% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Daniel Pietrzak bought 5,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the transaction, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 11,500 shares of company stock worth $248,910 over the last three months. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

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

FS KKR Capital Stock Up 0.8 %

Shares of FS KKR Capital stock opened at $22.53 on Friday. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $22.55. The company has a market capitalization of $6.31 billion, a P/E ratio of 11.98 and a beta of 1.24. The business’s fifty day moving average price is $21.66 and its two-hundred day moving average price is $20.62. 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 (NYSE:FSK) last announced its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. The firm 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 quarter in the prior year, the firm posted $0.80 EPS. As a group, research analysts forecast that FS KKR Capital Corp. will post 2.89 EPS 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.