Canton Hathaway LLC Has $324,000 Stake in FS KKR Capital Corp. (NYSE:FSK)

Canton Hathaway LLC boosted its holdings in FS KKR Capital Corp. (NYSE:FSK) by 24.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,920 shares of the company’s stock after purchasing an additional 2,920 shares during the quarter. Canton Hathaway LLC’s holdings in FS KKR Capital were worth $324,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. McIlrath & Eck LLC increased its holdings 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 buying an additional 675 shares during the period. FNY Investment Advisers LLC bought a new position in FS KKR Capital in the 4th quarter valued at about $52,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in FS KKR Capital by 122.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,760 shares of the company’s stock valued at $60,000 after buying an additional 1,520 shares during the period. Roxbury Financial LLC bought a new position in FS KKR Capital in the 4th quarter valued at about $69,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in FS KKR Capital by 164.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,016 shares of the company’s stock valued at $119,000 after buying an additional 3,744 shares during the period. Institutional investors and hedge funds own 36.26% of the company’s stock.

Insiders Place Their Bets

In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of FS KKR Capital stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of $21.31 per share, with a total value of $106,550.00. Following the acquisition, the insider now directly owns 49,800 shares of the company’s stock, valued at $1,061,238. The trade was a 11.16 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired 11,500 shares of company stock valued at $248,910 in the last ninety days. 0.25% of the stock is currently owned by insiders.

FS KKR Capital Trading Down 0.9 %

FSK opened at $23.49 on Tuesday. 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 current ratio of 2.96 and a quick ratio of 2.96. The firm has a market capitalization of $6.58 billion, a price-to-earnings ratio of 12.49 and a beta of 1.25. The company’s 50 day moving average price is $22.43 and its two-hundred day moving average price is $21.15.

Analyst Ratings Changes

FSK has been the topic of several recent analyst reports. B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 target price on the stock. in a report on Wednesday, December 11th. Wells Fargo & Company reissued an “equal weight” rating and issued a $21.00 target price on shares of FS KKR Capital in a report on Monday, December 2nd. Royal Bank of Canada lifted 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital presently has an average rating of “Hold” and an average price target of $20.63.

FS KKR Capital Company 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.