Lloyd Advisory Services LLC. Raises Holdings in FS KKR Capital Corp. (NYSE:FSK)

Lloyd Advisory Services LLC. lifted its stake in FS KKR Capital Corp. (NYSE:FSK) by 6.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,687 shares of the company’s stock after acquiring an additional 667 shares during the period. Lloyd Advisory Services LLC.’s holdings in FS KKR Capital were worth $232,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of FSK. McIlrath & Eck LLC increased its stake in FS KKR Capital by 47.5% during the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of FS KKR Capital during the fourth quarter valued at $52,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after acquiring an additional 1,520 shares during the period. Roxbury Financial LLC purchased a new position in FS KKR Capital in the 4th quarter worth $69,000. Finally, Nomura Asset Management Co. Ltd. lifted its position in FS KKR Capital by 164.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock worth $119,000 after acquiring an additional 3,744 shares during the period. 36.26% of the stock is owned by hedge funds and other institutional investors.

FS KKR Capital Trading Down 0.1 %

FS KKR Capital stock opened at $23.72 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 cap of $6.64 billion, a PE ratio of 12.61 and a beta of 1.25. The stock’s 50 day simple moving average is $22.34 and its two-hundred day simple moving average is $21.06. FS KKR Capital Corp. has a 12 month low of $18.31 and a 12 month high of $24.10.

Insider Buying and Selling

In other FS KKR Capital news, insider Brian Gerson purchased 5,000 shares of the business’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 approximately $333,606.72. This trade represents a 49.46 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have bought 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FSK. B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a report on Wednesday, December 11th. Royal Bank of Canada increased their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Wells Fargo & Company restated 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, JPMorgan Chase & Co. upped their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus 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.