Choreo LLC Boosts Stock Position in FS KKR Capital Corp. (NYSE:FSK)

Choreo LLC raised its position in FS KKR Capital Corp. (NYSE:FSK) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,038 shares of the company’s stock after purchasing an additional 2,192 shares during the period. Choreo LLC’s holdings in FS KKR Capital were worth $891,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fountainhead AM LLC boosted its position in FS KKR Capital by 9.8% during the third quarter. Fountainhead AM LLC now owns 800,731 shares of the company’s stock worth $15,798,000 after acquiring an additional 71,644 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its stake in shares of FS KKR Capital by 86.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 224,593 shares of the company’s stock worth $4,878,000 after purchasing an additional 104,016 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of FS KKR Capital by 18.1% during the third quarter. Advisors Asset Management Inc. now owns 254,566 shares of the company’s stock worth $5,023,000 after purchasing an additional 39,086 shares during the last quarter. Graypoint LLC grew its position in shares of FS KKR Capital by 23.1% in the fourth quarter. Graypoint LLC now owns 139,504 shares of the company’s stock valued at $3,030,000 after purchasing an additional 26,174 shares during the period. Finally, International Assets Investment Management LLC increased its stake in FS KKR Capital by 1,967.7% in the third quarter. International Assets Investment Management LLC now owns 3,165,817 shares of the company’s stock valued at $62,462,000 after purchasing an additional 3,012,711 shares during the last quarter. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

FS KKR Capital Trading Up 0.4 %

Shares of FSK stock opened at $23.23 on Monday. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $23.47. The firm’s 50 day moving average price is $21.97 and its two-hundred day moving average price is $20.85. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 12.35 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.

Insider Activity at FS KKR Capital

In related news, insider Brian Gerson acquired 5,000 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were bought at an average cost of $22.08 per share, with a total value of $110,400.00. Following the completion of the transaction, the insider now directly owns 15,109 shares of the company’s stock, valued at $333,606.72. This trade represents a 49.46 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 11,500 shares of company stock worth $248,910. 0.25% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on FSK shares. Wells Fargo & Company reissued an “equal weight” rating and issued a $21.00 price target on shares of FS KKR Capital in a research note on Monday, December 2nd. B. Riley downgraded 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. JPMorgan Chase & Co. upped their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Finally, 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. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.