Union Bancaire Privee UBP SA Acquires Shares of 85,289 FS KKR Capital Corp. (NYSE:FSK)

Union Bancaire Privee UBP SA acquired a new stake in shares of FS KKR Capital Corp. (NYSE:FSK) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 85,289 shares of the company’s stock, valued at approximately $1,852,000.

Other large investors have also bought and sold shares of the company. Fountainhead AM LLC lifted its stake in FS KKR Capital by 9.8% during the 3rd quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock valued at $15,798,000 after acquiring an additional 71,644 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in FS KKR Capital by 86.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company’s stock valued at $4,878,000 after acquiring an additional 104,016 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in FS KKR Capital by 18.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock valued at $5,023,000 after acquiring an additional 39,086 shares in the last quarter. Proactive Wealth Strategies LLC lifted its stake in FS KKR Capital by 24.8% during the 4th quarter. Proactive Wealth Strategies LLC now owns 64,966 shares of the company’s stock valued at $1,411,000 after acquiring an additional 12,926 shares in the last quarter. Finally, Graypoint LLC raised its stake in shares of FS KKR Capital by 23.1% during the 4th quarter. Graypoint LLC now owns 139,504 shares of the company’s stock worth $3,030,000 after purchasing an additional 26,174 shares during the period. 36.26% of the stock is currently owned by institutional investors.

FS KKR Capital Trading Down 0.1 %

Shares of FS KKR Capital stock opened at $23.72 on Monday. FS KKR Capital Corp. has a 52-week low of $18.31 and a 52-week high of $24.10. The stock’s 50-day simple moving average is $22.38 and its 200 day simple moving average is $21.12. The stock has a market capitalization of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FSK. JPMorgan Chase & Co. lifted their target price 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 target price on shares of FS KKR Capital in a research note on Monday, December 2nd. Royal Bank of Canada lifted their target price 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. Finally, B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a research note on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $20.63.

Insider Activity at FS KKR Capital

In related news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of $21.31 per share, with a total value of $106,550.00. Following the acquisition, the insider now directly owns 49,800 shares of the company’s stock, valued at $1,061,238. This represents a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have bought 11,500 shares of company stock worth $248,910. Company insiders own 0.25% of the company’s stock.

FS KKR Capital Company Profile

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.