Krilogy Financial LLC Cuts Position in FS KKR Capital Corp. (NYSE:FSK)

Krilogy Financial LLC lessened its stake in FS KKR Capital Corp. (NYSE:FSK) by 9.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 22,152 shares of the company’s stock after selling 2,246 shares during the quarter. Krilogy Financial LLC’s holdings in FS KKR Capital were worth $481,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. HB Wealth Management LLC grew its stake in FS KKR Capital by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 19,228 shares of the company’s stock valued at $418,000 after acquiring an additional 1,943 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of FS KKR Capital by 8.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 53,200 shares of the company’s stock worth $1,156,000 after buying an additional 4,149 shares in the last quarter. Family Wealth Partners LLC grew its holdings in shares of FS KKR Capital by 6.9% during the fourth quarter. Family Wealth Partners LLC now owns 24,356 shares of the company’s stock worth $529,000 after buying an additional 1,576 shares in the last quarter. Ritholtz Wealth Management grew its holdings in FS KKR Capital by 10.3% in the fourth quarter. Ritholtz Wealth Management now owns 23,996 shares of the company’s stock valued at $521,000 after purchasing an additional 2,250 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in FS KKR Capital by 122.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after purchasing an additional 1,520 shares during the period. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FSK. Royal Bank of Canada boosted their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a report on Monday, November 18th. B. Riley cut shares of 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. Finally, 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. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $20.25.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of $21.31 per share, with a total value of $106,550.00. Following the acquisition, the insider now 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 acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders purchased 11,500 shares of company stock valued at $248,910 over the last 90 days. 0.25% of the stock is currently owned by company insiders.

FS KKR Capital Stock Performance

FSK stock opened at $22.27 on Monday. The company has a market capitalization of $6.24 billion, a P/E ratio of 11.84 and a beta of 1.24. The company has a 50-day simple moving average of $21.58 and a 200 day simple moving average of $20.57. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $22.40. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 earnings per share 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 quarter in the prior year, the company posted $0.80 earnings per share. Sell-side analysts predict that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal 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.