Epiq Partners LLC Sells 14,650 Shares of FS KKR Capital Corp. (NYSE:FSK)

Epiq Partners LLC cut its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 4.7% in the 4th quarter, Holdings Channel reports. The fund owned 300,244 shares of the company’s stock after selling 14,650 shares during the period. FS KKR Capital accounts for about 3.5% of Epiq Partners LLC’s investment portfolio, making the stock its 8th biggest position. Epiq Partners LLC’s holdings in FS KKR Capital were worth $6,521,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FSK. McIlrath & Eck LLC grew 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 acquired a new stake in shares of FS KKR Capital during the fourth quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of FS KKR Capital by 122.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock worth $60,000 after buying an additional 1,520 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of FS KKR Capital by 164.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock worth $119,000 after buying an additional 3,744 shares during the last quarter. Finally, Sound Income Strategies LLC raised its holdings in FS KKR Capital by 14.9% in the third quarter. Sound Income Strategies LLC now owns 9,885 shares of the company’s stock valued at $195,000 after acquiring an additional 1,280 shares in the last quarter. 36.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares in the company, valued at $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought a total of 11,500 shares of company stock valued at $248,910 in the last quarter. Company insiders own 0.25% of the company’s stock.

FS KKR Capital Stock Up 0.6 %

Shares of FS KKR Capital stock opened at $22.79 on Tuesday. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 12.12 and a beta of 1.24. FS KKR Capital Corp. has a twelve month low of $18.31 and a twelve month high of $22.79. 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 business’s 50 day simple moving average is $21.71 and its 200-day simple moving average is $20.65.

FS KKR Capital (NYSE:FSK) last issued its earnings results 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. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The firm had revenue of $441.00 million for the quarter, compared to analyst estimates of $423.58 million. During the same period last year, the company earned $0.80 earnings per share. Equities research analysts forecast that FS KKR Capital Corp. will post 2.89 earnings per share for the current year.

Wall Street Analyst Weigh In

FSK has been the subject of several research analyst reports. Wells Fargo & Company reissued an “equal weight” rating and issued a $21.00 target price on shares of FS KKR Capital in a research report on Monday, December 2nd. B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a report on Wednesday, December 11th. Finally, Royal Bank of Canada upped their price objective on FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a research note on Monday, November 18th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, FS KKR Capital presently has an average rating of “Hold” and a consensus target price of $20.25.

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.