Michael C. Forman Buys 32,167 Shares of FS KKR Capital Corp (FSK) Stock

FS KKR Capital Corp (NYSE:FSK) CEO Michael C. Forman acquired 32,167 shares of the company’s stock in a transaction on Friday, February 8th. The shares were purchased at an average cost of $6.19 per share, with a total value of $199,113.73. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NYSE:FSK traded up $0.06 on Monday, hitting $6.25. 1,557,910 shares of the company’s stock were exchanged, compared to its average volume of 2,109,068. FS KKR Capital Corp has a 12 month low of $5.09 and a 12 month high of $8.24. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 2.58 and a beta of 1.15. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.75.

A hedge fund recently bought a new stake in FS KKR Capital stock. Sound Income Strategies LLC bought a new position in shares of FS KKR Capital Corp (NYSE:FSK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 111,287 shares of the company’s stock, valued at approximately $785,000. Institutional investors own 31.41% of the company’s stock.

Several research analysts have commented on FSK shares. Zacks Investment Research raised shares of FS KKR Capital from a “hold” rating to a “buy” rating and set a $7.25 price objective for the company in a research note on Tuesday, February 5th. ValuEngine upgraded FS KKR Capital from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 31st.

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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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