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

Strategic Blueprint LLC lifted its position in FS KKR Capital Corp. (NYSE:FSK) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,906 shares of the company’s stock after acquiring an additional 2,635 shares during the quarter. Strategic Blueprint LLC’s holdings in FS KKR Capital were worth $2,300,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. McIlrath & Eck LLC grew its position in shares of FS KKR Capital by 47.5% in the 3rd quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after acquiring an additional 675 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of FS KKR Capital in the 4th quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 worth $60,000 after purchasing an additional 1,520 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of 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 worth $119,000 after purchasing an additional 3,744 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of FS KKR Capital by 14.9% in the 3rd quarter. Sound Income Strategies LLC now owns 9,885 shares of the company’s stock worth $195,000 after purchasing an additional 1,280 shares during the last quarter. Institutional investors and hedge funds own 36.26% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on FSK shares. Royal Bank of Canada raised their price target on 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 reaffirmed 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. Finally, B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target for the company. in a research report on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $20.25.

FS KKR Capital Trading Down 1.2 %

Shares of FS KKR Capital stock opened at $22.70 on Thursday. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 12.07 and a beta of 1.24. The business has a fifty day simple moving average of $21.80 and a 200-day simple moving average of $20.70. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $23.09.

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

Insider Activity

In related news, insider Daniel Pietrzak bought 5,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the transaction, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders bought a total of 11,500 shares of company stock worth $248,910 over the last 90 days. 0.25% of the stock is currently owned by company insiders.

FS KKR Capital 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.