EMC Capital Management Has $300,000 Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

EMC Capital Management grew its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 95.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,804 shares of the company’s stock after acquiring an additional 6,724 shares during the period. EMC Capital Management’s holdings in FS KKR Capital were worth $300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FSK. Van ECK Associates Corp raised its position in shares of FS KKR Capital by 6.6% in the third quarter. Van ECK Associates Corp now owns 5,747,770 shares of the company’s stock valued at $117,886,000 after buying an additional 356,704 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of FS KKR Capital by 4.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,282,146 shares of the company’s stock valued at $84,487,000 after purchasing an additional 188,542 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of 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 buying an additional 3,012,711 shares during the last quarter. Strong Tower Advisory Services boosted its stake in shares of FS KKR Capital by 3.5% in the 4th quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company’s stock valued at $23,252,000 after purchasing an additional 36,127 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of FS KKR Capital during the 2nd quarter valued at approximately $19,544,000. 36.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Daniel Pietrzak bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was acquired 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 of the company’s stock, valued at approximately $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 11,500 shares of company stock worth $248,910. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Trading Up 0.8 %

NYSE FSK traded up $0.18 during mid-day trading on Thursday, reaching $22.85. 28,309 shares of the stock were exchanged, compared to its average volume of 1,121,107. The stock has a market cap of $6.40 billion, a P/E ratio of 12.15 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 Corp. has a one year low of $18.31 and a one year high of $23.09. The stock has a 50 day simple moving average of $21.80 and a 200-day simple moving average of $20.70.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $423.58 million. During the same period last year, the company posted $0.80 EPS. On average, analysts anticipate that FS KKR Capital Corp. will post 2.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FSK shares. Wells Fargo & Company reiterated an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. 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 report on Wednesday, December 11th. Finally, Royal Bank of Canada upped their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a research report on Monday, November 18th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target 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.