SG Americas Securities LLC Sells 2,939 Shares of FS KKR Capital Corp. (NYSE:FSK)

SG Americas Securities LLC lowered its holdings in shares of FS KKR Capital Corp. (NYSE:FSK) by 28.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,378 shares of the company’s stock after selling 2,939 shares during the quarter. SG Americas Securities LLC’s holdings in FS KKR Capital were worth $160,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FSK. Wescott Financial Advisory Group LLC raised its holdings in 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 worth $417,000 after buying an additional 600 shares during the period. McIlrath & Eck LLC raised its holdings in shares of FS KKR Capital by 47.5% during the third quarter. McIlrath & Eck LLC now owns 2,096 shares of the company’s stock worth $41,000 after acquiring an additional 675 shares during the period. Centaurus Financial Inc. lifted its position in FS KKR Capital by 0.8% in the 3rd quarter. Centaurus Financial Inc. now owns 116,701 shares of the company’s stock valued at $2,303,000 after acquiring an additional 935 shares in the last quarter. Confluence Investment Management LLC boosted its stake in FS KKR Capital by 1.9% in the 3rd 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 during the period. Finally, Creative Planning increased its holdings in FS KKR Capital by 1.1% during the 3rd quarter. Creative Planning now owns 97,849 shares of the company’s stock worth $1,931,000 after purchasing an additional 1,041 shares in the last quarter. Institutional investors own 36.26% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Royal Bank of Canada boosted their price target on FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a report on Monday, November 18th. JPMorgan Chase & Co. boosted their target price on FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a research report on Monday, December 2nd. Finally, 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. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $20.63.

FS KKR Capital Trading Up 0.4 %

NYSE FSK opened at $23.23 on Monday. FS KKR Capital Corp. has a 12 month low of $18.31 and a 12 month high of $23.47. 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 50 day moving average of $21.97 and a 200-day moving average of $20.85. The company has a market cap of $6.50 billion, a PE ratio of 12.35 and a beta of 1.25.

Insiders Place Their Bets

In other news, insider Daniel Pietrzak acquired 5,000 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $21.31 per share, for a total transaction of $106,550.00. Following the purchase, the insider now directly owns 49,800 shares of the company’s stock, valued at approximately $1,061,238. This trade represents a 11.16 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders have bought 11,500 shares of company stock valued at $248,910. 0.25% of the stock is currently owned by corporate insiders.

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.