Transcend Capital Advisors LLC Increases Stock Holdings in FS KKR Capital Corp. (NYSE:FSK)

Transcend Capital Advisors LLC increased its holdings in FS KKR Capital Corp. (NYSE:FSK) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,374,845 shares of the company’s stock after acquiring an additional 128,856 shares during the quarter. FS KKR Capital comprises about 2.2% of Transcend Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Transcend Capital Advisors LLC owned about 0.49% of FS KKR Capital worth $29,862,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. McIlrath & Eck LLC grew its stake in shares of FS KKR Capital by 47.5% in the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after acquiring an additional 675 shares during the last quarter. FNY Investment Advisers LLC bought a new position in FS KKR Capital in the 4th quarter worth about $52,000. Thurston Springer Miller Herd & Titak Inc. grew its position in FS KKR Capital by 122.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after purchasing an additional 1,520 shares during the last quarter. Roxbury Financial LLC bought a new stake in FS KKR Capital during the 4th quarter valued at about $69,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in FS KKR Capital by 164.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after purchasing an additional 3,744 shares in the last quarter. 36.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on FSK shares. Royal Bank of Canada increased 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 report on Monday, November 18th. B. Riley lowered 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. JPMorgan Chase & Co. boosted their price target on FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research report on Monday, December 2nd. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $20.63.

FS KKR Capital Stock Down 1.3 %

FSK stock opened at $23.75 on Friday. The business’s 50-day moving average is $22.34 and its two-hundred day moving average is $21.06. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 12.63 and a beta of 1.25. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $24.10. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

Insider Transactions at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak acquired 5,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $21.31 per share, with a total value of $106,550.00. Following the transaction, the insider now directly owns 49,800 shares in the company, valued at approximately $1,061,238. The trade was a 11.16 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 11,500 shares of company stock worth $248,910 in the last quarter. Company insiders own 0.25% of the company’s stock.

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.