Aurora Private Wealth Inc. Reduces Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Aurora Private Wealth Inc. lessened its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,478 shares of the company’s stock after selling 966 shares during the quarter. Aurora Private Wealth Inc.’s holdings in FS KKR Capital were worth $271,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Fountainhead AM LLC boosted its holdings in shares of FS KKR Capital by 9.8% during the 3rd quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock valued at $15,798,000 after acquiring an additional 71,644 shares during the last quarter. Advisors Asset Management Inc. raised its stake in FS KKR Capital by 18.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock worth $5,023,000 after acquiring an additional 39,086 shares during the period. International Assets Investment Management LLC raised its stake in FS KKR Capital by 1,967.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company’s stock worth $62,462,000 after acquiring an additional 3,012,711 shares during the period. Graypoint LLC raised its stake in FS KKR Capital by 23.1% during the 4th quarter. Graypoint LLC now owns 139,504 shares of the company’s stock worth $3,030,000 after acquiring an additional 26,174 shares during the period. Finally, Cascade Investment Group Inc. bought a new stake in shares of FS KKR Capital during the third quarter valued at approximately $1,038,000. Hedge funds and other institutional investors own 36.26% of the company’s stock.

Insider Buying and Selling at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average price of $21.31 per share, for a total transaction of $106,550.00. Following the acquisition, the insider now owns 49,800 shares in the company, valued at $1,061,238. This represents a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders bought 11,500 shares of company stock valued at $248,910. 0.25% of the stock is currently owned by insiders.

FS KKR Capital Stock Up 0.6 %

NYSE:FSK opened at $22.65 on Monday. FS KKR Capital Corp. has a 1-year low of $18.31 and a 1-year high of $22.67. The company has a 50-day moving average of $21.71 and a 200 day moving average of $20.65. The firm has a market cap of $6.34 billion, a PE ratio of 12.05 and a beta of 1.24. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.04. The company 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 period in the prior year, the firm earned $0.80 earnings per share. As a group, research analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts 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 target price for the company. in a report on Wednesday, December 11th. Royal Bank of Canada upped their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Finally, 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. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target 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.