GoalVest Advisory LLC Boosts Holdings in FS KKR Capital Corp. (NYSE:FSK)

GoalVest Advisory LLC boosted its stake in FS KKR Capital Corp. (NYSE:FSK) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,702 shares of the company’s stock after acquiring an additional 2,750 shares during the period. GoalVest Advisory LLC’s holdings in FS KKR Capital were worth $1,253,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FSK. McIlrath & Eck LLC raised its position in FS KKR Capital by 47.5% in 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 during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of FS KKR Capital in the fourth quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of FS KKR Capital by 164.8% during 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 increased its position in FS KKR Capital by 14.9% in the 3rd 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 during the period. Institutional investors and hedge funds own 36.26% of the company’s stock.

FS KKR Capital Trading Down 0.6 %

Shares of FS KKR Capital stock opened at $22.34 on Thursday. The company has a 50-day moving average of $21.63 and a two-hundred day moving average of $20.60. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $22.48. 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 stock has a market cap of $6.26 billion, a PE ratio of 11.88 and a beta of 1.24.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings data 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 analysts’ expectations 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 period in the previous year, the firm posted $0.80 earnings per share. On average, research analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction on Thursday, December 5th. The shares were bought at an average price of $21.31 per share, with a total value of $106,550.00. Following the completion of the acquisition, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 11,500 shares of company stock worth $248,910 in the last three months. Corporate insiders own 0.25% of the company’s stock.

Analysts Set New Price Targets

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

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.