Apeiron RIA LLC Sells 1,493 Shares of FS KKR Capital Corp. (NYSE:FSK)

Apeiron RIA LLC lowered its stake in shares of FS KKR Capital Corp. (NYSE:FSK) by 4.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,693 shares of the company’s stock after selling 1,493 shares during the period. Apeiron RIA LLC’s holdings in FS KKR Capital were worth $754,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Wescott Financial Advisory Group LLC lifted its position 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 buying an additional 600 shares during the last quarter. McIlrath & Eck LLC raised its stake 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 acquiring an additional 675 shares during the period. Centaurus Financial Inc. lifted its holdings in FS KKR Capital by 0.8% during the third quarter. Centaurus Financial Inc. now owns 116,701 shares of the company’s stock valued at $2,303,000 after purchasing an additional 935 shares during the last quarter. Souders Financial Advisors boosted its position in FS KKR Capital by 3.9% during the second quarter. Souders Financial Advisors now owns 25,209 shares of the company’s stock worth $497,000 after purchasing an additional 950 shares during the period. Finally, Confluence Investment Management LLC increased its stake in shares of FS KKR Capital by 1.9% in the third quarter. Confluence Investment Management LLC now owns 52,668 shares of the company’s stock worth $1,039,000 after purchasing an additional 991 shares in the last quarter. Hedge funds and other institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Up 0.8 %

FSK opened at $22.53 on Friday. The firm has a market capitalization of $6.31 billion, a P/E ratio of 11.98 and a beta of 1.24. FS KKR Capital Corp. has a one year low of $18.31 and a one year high of $22.55. The company has a fifty day moving average price of $21.66 and a 200-day moving average price of $20.62. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.

FS KKR Capital (NYSE:FSK) last posted its earnings results on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The business had revenue of $441.00 million during the quarter, compared to analysts’ expectations of $423.58 million. During the same period in the previous year, the business earned $0.80 earnings per share. Equities research analysts expect that FS KKR Capital Corp. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FSK has been the topic of a number of recent research reports. B. Riley cut 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 research note on Wednesday, December 11th. Wells Fargo & Company restated an “equal weight” rating and set a $21.00 target price on shares of FS KKR Capital in a research report on Monday, December 2nd. Finally, Royal Bank of Canada lifted their price target on FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a research report on Monday, November 18th. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.25.

Insider Transactions at FS KKR Capital

In related news, insider Daniel Pietrzak bought 5,000 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the completion of the transaction, the insider now directly owns 49,800 shares in the company, valued at $1,061,238. This trade represents a 11.16 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 11,500 shares of company stock valued at $248,910. 0.25% of the stock is owned by corporate insiders.

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.