Sanctuary Advisors LLC Sells 33,556 Shares of FS KKR Capital Corp. (NYSE:FSK)

Sanctuary Advisors LLC trimmed its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 927,528 shares of the company’s stock after selling 33,556 shares during the period. Sanctuary Advisors LLC owned 0.33% of FS KKR Capital worth $21,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. McIlrath & Eck LLC grew its position in shares of FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in FS KKR Capital in the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of FS KKR Capital by 122.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after acquiring an additional 1,520 shares during the period. Roxbury Financial LLC bought a new position in shares of FS KKR Capital in the 4th quarter worth about $69,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of FS KKR Capital by 164.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock worth $119,000 after acquiring an additional 3,744 shares during the last quarter. Institutional investors own 36.26% of the company’s stock.

Analyst Upgrades and Downgrades

FSK has been the subject of a number of recent analyst reports. Wells Fargo & Company reissued an “equal weight” rating and issued a $21.00 target price on shares of FS KKR Capital in a research report on Monday, December 2nd. B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price for the company. in a research report on Wednesday, December 11th. Royal Bank of Canada boosted their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Finally, 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. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $20.63.

FS KKR Capital Price Performance

FSK opened at $23.70 on Tuesday. FS KKR Capital Corp. has a 1 year low of $18.31 and a 1 year high of $23.73. The business’s 50-day moving average is $22.19 and its two-hundred day moving average is $20.98. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a market capitalization of $6.64 billion, a PE ratio of 12.61 and a beta of 1.25.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Brian Gerson purchased 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were bought at an average price of $22.08 per share, for a total transaction of $110,400.00. Following the acquisition, the insider now owns 15,109 shares in the company, valued at $333,606.72. This represents a 49.46 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders have acquired 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company’s stock.

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.