Diversify Wealth Management LLC Purchases 3,153 Shares of FS KKR Capital Corp. (NYSE:FSK)

Diversify Wealth Management LLC increased its position in shares of FS KKR Capital Corp. (NYSE:FSK) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,710 shares of the company’s stock after purchasing an additional 3,153 shares during the period. Diversify Wealth Management LLC’s holdings in FS KKR Capital were worth $2,585,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Wescott Financial Advisory Group LLC lifted its stake in shares of FS KKR Capital by 2.9% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company’s stock worth $417,000 after purchasing an additional 600 shares during the last quarter. McIlrath & Eck LLC grew its stake in FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares during the last quarter. Centaurus Financial Inc. raised its holdings in FS KKR Capital by 0.8% in the third quarter. Centaurus Financial Inc. now owns 116,701 shares of the company’s stock worth $2,303,000 after purchasing an additional 935 shares in the last quarter. Souders Financial Advisors lifted its position in shares of FS KKR Capital by 3.9% during the second quarter. Souders Financial Advisors now owns 25,209 shares of the company’s stock valued at $497,000 after buying an additional 950 shares during the last quarter. Finally, Confluence Investment Management LLC boosted its holdings in shares of FS KKR Capital by 1.9% in the 3rd quarter. Confluence Investment Management LLC now owns 52,668 shares of the company’s stock valued at $1,039,000 after buying an additional 991 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wells Fargo & Company reissued 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. Royal Bank of Canada raised their price objective 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, Based on data from MarketBeat.com, FS KKR Capital has a consensus rating of “Hold” and an average target price of $20.25.

Insider Activity at FS KKR Capital

In related news, insider Brian Gerson purchased 5,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were bought at an average cost of $22.08 per share, with a total value of $110,400.00. Following the transaction, the insider now owns 15,109 shares of the company’s stock, valued at approximately $333,606.72. This trade represents a 49.46 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 11,500 shares of company stock worth $248,910 over the last three months. Company insiders own 0.25% of the company’s stock.

FS KKR Capital Stock Up 0.5 %

FS KKR Capital stock opened at $22.27 on Monday. The business’s 50-day simple moving average is $21.58 and its two-hundred day simple moving average is $20.57. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The company has a market cap of $6.24 billion, a PE ratio of 11.84 and a beta of 1.24. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $22.40.

FS KKR Capital (NYSE:FSK) last issued its earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. The firm had revenue of $441.00 million for the quarter, compared to analyst estimates 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 firm earned $0.80 earnings per share. Equities analysts anticipate 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.