FS KKR Capital Corp. (NYSE:FSK) Shares Bought by Choreo LLC

Choreo LLC lifted its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,038 shares of the company’s stock after buying an additional 2,192 shares during the period. Choreo LLC’s holdings in FS KKR Capital were worth $891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. McIlrath & Eck LLC raised 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 acquiring an additional 675 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital during the fourth quarter worth $52,000. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 buying an additional 1,520 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after buying an additional 3,744 shares during the period. Finally, Financial Life Planners purchased a new position in FS KKR Capital during the 4th quarter worth $206,000. Hedge funds and other institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Performance

FSK opened at $23.23 on Monday. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $23.47. The stock has a market cap of $6.50 billion, a P/E ratio of 12.35 and a beta of 1.25. The stock’s 50 day simple moving average is $21.97 and its 200 day simple moving average is $20.85. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was bought at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the transaction, the insider now owns 49,800 shares in the company, valued at approximately $1,061,238. The trade was a 11.16 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders have bought 11,500 shares of company stock worth $248,910. 0.25% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Royal Bank of Canada lifted 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. Wells Fargo & Company reiterated 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. B. Riley cut FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target for the company. in a report on Wednesday, December 11th. Finally, 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 report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $20.63.

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.