FS KKR Capital Corp (NYSE:FSK) CEO Michael C. Forman purchased 32,167 shares of FS KKR Capital stock in a transaction on Friday, February 8th. The stock was bought at an average cost of $6.19 per share, with a total value of $199,113.73. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of FS KKR Capital stock opened at $6.25 on Tuesday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.75. FS KKR Capital Corp has a fifty-two week low of $5.09 and a fifty-two week high of $8.24. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 7.53, a P/E/G ratio of 2.58 and a beta of 1.15.
A number of analysts have weighed in on FSK shares. Zacks Investment Research raised shares of FS KKR Capital from a “hold” rating to a “buy” rating and set a $7.00 price target for the company in a report on Monday, January 28th. ValuEngine downgraded shares of FS KKR Capital from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 2nd.
A hedge fund recently bought a new stake in FS KKR Capital stock. Sound Income Strategies LLC acquired a new position in shares of FS KKR Capital Corp (NYSE:FSK) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 111,287 shares of the company’s stock, valued at approximately $785,000. 31.41% of the stock is currently owned by hedge funds and other institutional investors.
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About FS KKR Capital
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.
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