Calton & Associates Inc. Has $596,000 Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Calton & Associates Inc. lowered its position in FS KKR Capital Corp. (NYSE:FSK) by 39.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,445 shares of the company’s stock after selling 17,590 shares during the quarter. Calton & Associates Inc.’s holdings in FS KKR Capital were worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. EMC Capital Management lifted its holdings in FS KKR Capital by 95.0% in the fourth quarter. EMC Capital Management now owns 13,804 shares of the company’s stock valued at $300,000 after buying an additional 6,724 shares during the period. Gries Financial LLC raised its position in shares of FS KKR Capital by 27.3% in the 4th quarter. Gries Financial LLC now owns 72,845 shares of the company’s stock worth $1,582,000 after acquiring an additional 15,625 shares in the last quarter. Strategic Blueprint LLC lifted its stake in shares of FS KKR Capital by 2.6% in the 4th quarter. Strategic Blueprint LLC now owns 105,906 shares of the company’s stock valued at $2,300,000 after purchasing an additional 2,635 shares during the period. Perigon Wealth Management LLC increased its holdings in FS KKR Capital by 5.0% in the fourth quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company’s stock worth $321,000 after purchasing an additional 689 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in FS KKR Capital in the fourth quarter valued at approximately $1,852,000. Institutional investors own 36.26% of the company’s stock.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $21.31 per share, with a total value of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares in the company, valued at $1,061,238. This trade represents a 11.16 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders bought 11,500 shares of company stock valued at $248,910. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Stock Up 1.9 %

Shares of NYSE:FSK opened at $23.11 on Friday. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 12.29 and a beta of 1.24. The business’s 50 day moving average is $21.80 and its 200 day moving average is $20.70. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $23.18. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.

FS KKR Capital (NYSE:FSK) last posted its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.04. The firm had revenue of $441.00 million during the quarter, compared to analyst estimates of $423.58 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. During the same quarter in the prior year, the business posted $0.80 EPS. On average, sell-side analysts forecast that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a research note on Wednesday, December 11th. Wells Fargo & Company restated an “equal weight” rating and issued a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Finally, Royal Bank of Canada upped their price objective 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. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat, FS KKR Capital currently has an average rating of “Hold” and an average target price of $20.25.

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.