FS KKR Capital Corp. (NYSE:FSK) Shares Bought by Andina Capital Management LLC

Andina Capital Management LLC raised its holdings in FS KKR Capital Corp. (NYSE:FSK) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,627 shares of the company’s stock after buying an additional 3,417 shares during the period. FS KKR Capital comprises about 1.7% of Andina Capital Management LLC’s holdings, making the stock its 16th largest position. Andina Capital Management LLC’s holdings in FS KKR Capital were worth $2,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fountainhead AM LLC grew its holdings in shares of 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 purchasing an additional 71,644 shares during the last quarter. Advisors Asset Management Inc. grew 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. International Assets Investment Management LLC grew its holdings in shares of 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 purchasing an additional 3,012,711 shares during the last quarter. Graypoint LLC grew its holdings in shares of FS KKR Capital by 23.1% during the fourth quarter. Graypoint LLC now owns 139,504 shares of the company’s stock worth $3,030,000 after purchasing an additional 26,174 shares during the last quarter. Finally, Cascade Investment Group Inc. purchased a new position in shares of FS KKR Capital during the third quarter worth about $1,038,000. 36.26% of the stock is currently owned by institutional investors and hedge funds.

FS KKR Capital Price Performance

Shares of FSK opened at $22.65 on Friday. The stock’s 50 day moving average is $21.71 and its two-hundred day moving average is $20.65. FS KKR Capital Corp. has a twelve month low of $18.31 and a twelve month high of $22.67. 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 firm has a market capitalization of $6.34 billion, a PE ratio of 12.05 and a beta of 1.24.

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

Insider Activity

In related news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction dated Thursday, December 5th. The stock was bought at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the transaction, the insider now owns 49,800 shares in the company, valued at approximately $1,061,238. The trade was a 11.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders purchased 11,500 shares of company stock worth $248,910. Company insiders own 0.25% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a report on Monday, December 2nd. Royal Bank of Canada raised their price target on FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, November 18th. Finally, B. Riley lowered FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price target on the stock. in a report on Wednesday, December 11th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $20.25.

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.