14,537 Shares in FS KKR Capital Corp. (NYSE:FSK) Bought by PCG Asset Management LLC

PCG Asset Management LLC acquired a new position in shares of FS KKR Capital Corp. (NYSE:FSK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,537 shares of the company’s stock, valued at approximately $316,000.

Other large investors have also recently bought and sold shares of the company. Wescott Financial Advisory Group LLC boosted its holdings in shares of FS KKR Capital by 2.9% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 21,118 shares of the company’s stock valued at $417,000 after acquiring an additional 600 shares in the last quarter. Lloyd Advisory Services LLC. raised its position in FS KKR Capital by 6.7% in the fourth quarter. Lloyd Advisory Services LLC. now owns 10,687 shares of the company’s stock valued at $232,000 after purchasing an additional 667 shares during the last quarter. McIlrath & Eck LLC boosted its stake in shares of FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock valued at $41,000 after purchasing an additional 675 shares in the last quarter. Wagner Wealth Management LLC grew its holdings in shares of FS KKR Capital by 6.4% during the fourth quarter. Wagner Wealth Management LLC now owns 11,300 shares of the company’s stock worth $245,000 after purchasing an additional 679 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its stake in shares of FS KKR Capital by 5.0% in the fourth quarter. Perigon Wealth Management LLC now owns 14,505 shares of the company’s stock valued at $321,000 after buying an additional 689 shares during the period. 36.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at FS KKR Capital

In related news, insider Daniel Pietrzak bought 5,000 shares of the company’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 transaction, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 in the last quarter. 0.25% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

FSK has been the topic of several recent research reports. Royal Bank of Canada lifted their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Monday, November 18th. B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target on the stock. in a report on Wednesday, December 11th. JPMorgan Chase & Co. increased their price objective on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Five investment analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital currently has a consensus rating of “Hold” and a consensus target price of $21.10.

FS KKR Capital Trading Up 3.2 %

FSK opened at $23.49 on Friday. FS KKR Capital Corp. has a twelve month low of $18.31 and a twelve month high of $24.10. The company has a fifty day moving average of $22.58 and a 200-day moving average of $21.23. The stock has a market cap of $6.58 billion, a PE ratio of 12.49 and a beta of 1.25. 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 quarterly earnings data on Wednesday, February 26th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.01). The business had revenue of $407.00 million during the quarter, compared to the consensus estimate of $419.97 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. On average, sell-side analysts predict that FS KKR Capital Corp. will post 2.89 EPS for the current year.

FS KKR Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 11.92%. The ex-dividend date of this dividend is Wednesday, March 19th. FS KKR Capital’s payout ratio is 122.49%.

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.