Strategic Blueprint LLC Has $2.30 Million Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Strategic Blueprint LLC lifted its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 2.6% during the fourth quarter, Holdings Channel reports. The firm owned 105,906 shares of the company’s stock after purchasing an additional 2,635 shares during the quarter. Strategic Blueprint LLC’s holdings in FS KKR Capital were worth $2,300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. McIlrath & Eck LLC raised its position in FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after buying an additional 675 shares during the period. FNY Investment Advisers LLC acquired a new position in FS KKR Capital during the fourth quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. raised its position in FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after buying an additional 1,520 shares during the period. Nomura Asset Management Co. Ltd. raised its position in FS KKR Capital by 164.8% during the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after buying an additional 3,744 shares during the period. Finally, Sound Income Strategies LLC raised its position in FS KKR Capital by 14.9% during the third quarter. Sound Income Strategies LLC now owns 9,885 shares of the company’s stock valued at $195,000 after buying an additional 1,280 shares during the period. 36.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at FS KKR Capital

In related news, insider Daniel Pietrzak purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the purchase, the insider now owns 49,800 shares in the company, valued at $1,061,238. The trade was a 11.16 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders purchased 11,500 shares of company stock worth $248,910. 0.25% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on FSK shares. Wells Fargo & Company reissued 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 target price on 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 FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a research report on Wednesday, December 11th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, FS KKR Capital presently has an average rating of “Hold” and a consensus target price of $20.25.

FS KKR Capital Stock Performance

FSK opened at $22.70 on Thursday. The company has a market cap of $6.36 billion, a PE ratio of 12.07 and a beta of 1.24. The stock has a 50-day moving average of $21.80 and a 200-day moving average of $20.70. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $23.09. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings results 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. The company had revenue of $441.00 million during the quarter, compared to the consensus estimate of $423.58 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. During the same quarter in the prior year, the company posted $0.80 EPS. As a group, equities research analysts forecast that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

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.