IMC Chicago LLC Decreases Position in FS KKR Capital Corp. (NYSE:FSK)

IMC Chicago LLC lessened its position in FS KKR Capital Corp. (NYSE:FSK) by 27.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,210 shares of the company’s stock after selling 3,814 shares during the quarter. IMC Chicago LLC’s holdings in FS KKR Capital were worth $222,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC increased its stake in shares of FS KKR Capital by 32.1% in the 3rd quarter. SG Americas Securities LLC now owns 10,317 shares of the company’s stock worth $204,000 after acquiring an additional 2,509 shares during the last quarter. Creative Planning increased its holdings in shares of 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 buying an additional 1,041 shares during the last quarter. PFG Advisors raised its position in shares of FS KKR Capital by 2.4% during the 3rd quarter. PFG Advisors now owns 186,731 shares of the company’s stock valued at $3,684,000 after buying an additional 4,309 shares during the period. Cascade Investment Group Inc. acquired a new position in FS KKR Capital in the third quarter valued at approximately $1,038,000. Finally, SeaCrest Wealth Management LLC grew its position in FS KKR Capital by 1.0% in the third quarter. SeaCrest Wealth Management LLC now owns 109,557 shares of the company’s stock worth $2,162,000 after acquiring an additional 1,095 shares during the period. 36.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FSK has been the subject of several recent analyst reports. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 target price on shares of FS KKR Capital in a research note on Monday, December 2nd. B. Riley downgraded FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a research report on Wednesday, December 11th. Royal Bank of Canada upped their target price on shares of 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, FS KKR Capital presently has an average rating of “Hold” and a consensus target price of $20.63.

Insiders Place Their Bets

In related news, insider Daniel Pietrzak acquired 5,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of $21.31 per share, with a total value of $106,550.00. Following the completion of the transaction, the insider now owns 49,800 shares in the company, valued at $1,061,238. This represents a 11.16 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired a total of 11,500 shares of company stock worth $248,910 over the last 90 days. Corporate insiders own 0.25% of the company’s stock.

FS KKR Capital Trading Up 0.9 %

Shares of FSK stock opened at $23.37 on Thursday. The stock has a market capitalization of $6.55 billion, a P/E ratio of 12.43 and a beta of 1.25. FS KKR Capital Corp. has a fifty-two week low of $18.31 and a fifty-two week high of $23.47. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The company has a 50 day moving average price of $22.02 and a 200 day moving average price of $20.89.

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.