Atria Wealth Solutions Inc. Has $4.59 Million Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Atria Wealth Solutions Inc. cut its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,084 shares of the company’s stock after selling 720 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.08% of FS KKR Capital worth $4,585,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Wescott Financial Advisory Group LLC increased its position in FS KKR Capital by 2.9% during the third quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company’s stock worth $417,000 after acquiring an additional 600 shares during the period. McIlrath & Eck LLC raised its position in shares of 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 last quarter. Wagner Wealth Management LLC raised its position in shares of FS KKR Capital by 6.4% during the fourth quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company’s stock valued at $245,000 after buying an additional 679 shares during the last quarter. Perigon Wealth Management LLC grew its position in FS KKR Capital by 5.0% during the fourth quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company’s stock worth $321,000 after buying an additional 689 shares in the last quarter. Finally, Roman Butler Fullerton & Co. increased its stake in FS KKR Capital by 3.4% during the fourth quarter. Roman Butler Fullerton & Co. now owns 23,077 shares of the company’s stock valued at $526,000 after acquiring an additional 769 shares during the period. 36.26% of the stock is owned by institutional investors.

FS KKR Capital Trading Down 1.3 %

Shares of FS KKR Capital stock opened at $23.75 on Friday. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $24.10. The stock has a market capitalization of $6.65 billion, a P/E ratio of 12.63 and a beta of 1.25. The company has a 50-day simple moving average of $22.34 and a 200 day simple moving average of $21.06. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FSK. Royal Bank of Canada lifted their price objective on FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. JPMorgan Chase & Co. lifted their price target 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. 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 reiterated an “equal weight” rating and set a $21.00 target price on shares of FS KKR Capital in a research report on Monday, December 2nd. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, FS KKR Capital has a consensus rating of “Hold” and a consensus price target of $20.63.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the acquisition, the insider now directly owns 49,800 shares of the company’s stock, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders bought 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Company 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.