FS KKR Capital Corp. (NYSE:FSK) Shares Bought by Sigma Planning Corp

Sigma Planning Corp raised its holdings in FS KKR Capital Corp. (NYSE:FSK) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 207,624 shares of the company’s stock after purchasing an additional 13,943 shares during the quarter. Sigma Planning Corp owned about 0.07% of FS KKR Capital worth $4,510,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in shares of FS KKR Capital by 11.7% in the fourth quarter. Van ECK Associates Corp now owns 6,421,190 shares of the company’s stock valued at $139,469,000 after acquiring an additional 673,420 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in FS KKR Capital by 1,967.7% during the third 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 in the last quarter. Transcend Capital Advisors LLC boosted its holdings in FS KKR Capital by 10.3% during the fourth quarter. Transcend Capital Advisors LLC now owns 1,374,845 shares of the company’s stock worth $29,862,000 after buying an additional 128,856 shares in the last quarter. Strong Tower Advisory Services boosted its holdings in FS KKR Capital by 3.5% during the fourth quarter. Strong Tower Advisory Services now owns 1,070,522 shares of the company’s stock worth $23,252,000 after buying an additional 36,127 shares in the last quarter. Finally, Fountainhead AM LLC boosted its holdings 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 buying an additional 71,644 shares in the last quarter. 36.26% of the stock is currently owned by institutional investors and hedge funds.

FS KKR Capital Stock Performance

Shares of FSK opened at $23.72 on Friday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a market cap of $6.64 billion, a P/E ratio of 12.61 and a beta of 1.25. The company has a 50-day moving average of $22.38 and a two-hundred day moving average of $21.10. FS KKR Capital Corp. has a 12-month low of $18.31 and a 12-month high of $24.10.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. B. Riley downgraded shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a report on Wednesday, December 11th. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a report on Monday, December 2nd. JPMorgan Chase & Co. boosted their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada boosted their price objective on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital currently has a consensus rating of “Hold” and an average target price of $20.63.

Insider Activity at FS KKR Capital

In other news, insider Daniel Pietrzak acquired 5,000 shares of FS KKR Capital stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average price of $21.31 per share, with a total value of $106,550.00. Following the completion of the purchase, the insider now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have bought 11,500 shares of company stock valued at $248,910. Company insiders own 0.25% of the company’s stock.

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.