FS KKR Capital Corp. (NYSE:FSK) Given Consensus Rating of “Hold” by Analysts

FS KKR Capital Corp. (NYSE:FSK) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the stock, Marketbeat reports. Eight research analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $20.25.

FSK has been the topic of several recent research reports. Royal Bank of Canada raised their price objective 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. B. Riley lowered 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. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $21.00 price objective on shares of FS KKR Capital in a research note on Monday, December 2nd.

Insiders Place Their Bets

In other FS KKR Capital news, insider Brian Gerson purchased 5,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average cost of $22.08 per share, with a total value of $110,400.00. Following the completion of the transaction, the insider now owns 15,109 shares in the company, valued at $333,606.72. This trade represents a 49.46 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders bought a total of 11,500 shares of company stock valued at $248,910 in the last quarter. Insiders own 0.25% of the company’s stock.

Institutional Trading of FS KKR Capital

Hedge funds have recently added to or reduced their stakes in the business. Wescott Financial Advisory Group LLC lifted its holdings in shares of FS KKR Capital by 2.9% during the third 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 last quarter. McIlrath & Eck LLC increased its position in 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. raised its stake in FS KKR Capital by 0.8% during the 3rd 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 holdings in FS KKR Capital by 3.9% in the 2nd quarter. Souders Financial Advisors now owns 25,209 shares of the company’s stock valued at $497,000 after purchasing an additional 950 shares during the period. Finally, Confluence Investment Management LLC grew its position 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 last quarter. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Trading Up 1.3 %

FS KKR Capital stock opened at $22.14 on Friday. FS KKR Capital has a 12 month low of $18.31 and a 12 month high of $22.39. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. The stock has a market cap of $6.20 billion, a P/E ratio of 11.77 and a beta of 1.24. The company’s fifty day simple moving average is $21.55 and its 200-day simple moving average is $20.55.

FS KKR Capital (NYSE:FSK) last issued its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.04. The company had revenue of $441.00 million for the quarter, compared to analyst estimates of $423.58 million. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. During the same period in the prior year, the firm posted $0.80 EPS. As a group, sell-side analysts forecast that FS KKR Capital will post 2.89 EPS for the current fiscal year.

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.