Advisory Alpha LLC Makes New $395,000 Investment in FS KKR Capital Corp. (NYSE:FSK)

Advisory Alpha LLC acquired a new stake in shares of FS KKR Capital Corp. (NYSE:FSK) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 18,167 shares of the company’s stock, valued at approximately $395,000.

Several other hedge funds also recently made changes to their positions in FSK. Wescott Financial Advisory Group LLC boosted its holdings in shares of 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 purchasing an additional 600 shares during the period. McIlrath & Eck LLC lifted its position in FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after buying an additional 675 shares in the last quarter. Centaurus Financial Inc. boosted its stake in shares of FS KKR Capital by 0.8% during the 3rd quarter. Centaurus Financial Inc. now owns 116,701 shares of the company’s stock valued at $2,303,000 after buying an additional 935 shares during the period. Souders Financial Advisors grew its holdings in shares of FS KKR Capital by 3.9% during the 2nd quarter. Souders Financial Advisors now owns 25,209 shares of the company’s stock valued at $497,000 after acquiring an additional 950 shares in the last quarter. Finally, Confluence Investment Management LLC increased its stake in shares of FS KKR Capital by 1.9% in the third quarter. Confluence Investment Management LLC now owns 52,668 shares of the company’s stock worth $1,039,000 after acquiring an additional 991 shares during the last quarter. Institutional investors and hedge funds own 36.26% of the company’s stock.

Insider Activity

In other FS KKR Capital news, insider Brian Gerson bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average price of $22.08 per share, for a total transaction of $110,400.00. Following the purchase, the insider now directly owns 15,109 shares in the company, valued at $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 link. Over the last ninety days, insiders have acquired 11,500 shares of company stock valued at $248,910. 0.25% of the stock is owned by insiders.

FS KKR Capital Stock Down 0.6 %

Shares of FS KKR Capital stock opened at $22.34 on Thursday. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $22.48. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a 50 day moving average price of $21.63 and a two-hundred day moving average price of $20.60. The stock has a market capitalization of $6.26 billion, a P/E ratio of 11.88 and a beta of 1.24.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings data 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 business had revenue of $441.00 million during the quarter, compared to the consensus estimate 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 period in the prior year, the firm earned $0.80 EPS. Equities analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

Analysts Set New Price Targets

FSK has been the subject of a number of research reports. B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a research report on Wednesday, December 11th. Royal Bank of Canada boosted their price target on FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a research note on Monday, November 18th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $21.00 price objective on shares of FS KKR Capital in a report on Monday, December 2nd. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat, FS KKR Capital currently has a consensus rating of “Hold” and a consensus target price of $20.25.

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.