J.W. Cole Advisors Inc. Purchases 27,110 Shares of FS KKR Capital Corp. (NYSE:FSK)

J.W. Cole Advisors Inc. raised its position in FS KKR Capital Corp. (NYSE:FSK) by 15.2% during the 4th quarter, HoldingsChannel reports. The fund owned 205,935 shares of the company’s stock after buying an additional 27,110 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in FS KKR Capital were worth $4,473,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC lifted its stake in FS KKR Capital by 14.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 16,329 shares of the company’s stock valued at $355,000 after acquiring an additional 2,078 shares in the last quarter. Centerpoint Advisory Group bought a new stake in shares of FS KKR Capital during the 4th quarter worth approximately $1,148,000. Ellis Investment Partners LLC raised its stake in shares of FS KKR Capital by 3.9% during the 4th quarter. Ellis Investment Partners LLC now owns 279,170 shares of the company’s stock worth $6,064,000 after purchasing an additional 10,462 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of FS KKR Capital during the 4th quarter worth approximately $69,000. Finally, Roman Butler Fullerton & Co. raised its stake in shares of FS KKR Capital by 3.4% during the 4th quarter. Roman Butler Fullerton & Co. now owns 23,077 shares of the company’s stock worth $526,000 after purchasing an additional 769 shares in the last quarter. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Up 1.5 %

FSK stock opened at $23.70 on Friday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $6.64 billion, a PE ratio of 12.61 and a beta of 1.25. 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 simple moving average is $22.14 and its 200 day simple moving average is $20.95.

Insider Buying and Selling at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were purchased 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 in the company, valued at $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have bought a total of 11,500 shares of company stock valued at $248,910 in the last ninety days. 0.25% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FSK. B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a research note on Wednesday, December 11th. JPMorgan Chase & Co. upped their price objective on FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Wells Fargo & Company reiterated an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, Royal Bank of Canada upped their price objective on FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Monday, November 18th. Eight analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of “Hold” and an average price target of $20.63.

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.