FSK

Wells Fargo Upgrades FS KKR Capital (FSK)

Fintel reports that on May 29, 2024, Wells Fargo upgraded their outlook for FS KKR Capital (NYSE:FSK) from Equal-Weight to Overweight.

Analyst Price Forecast Suggests 4.44% Upside

As of May 22, 2024, the average one-year price target for FS KKR Capital is 21.02. The forecasts range from a low of 19.19 to a high of $25.20. The average price target represents an increase of 4.44% from its latest reported closing price of 20.13.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for FS KKR Capital is 1,748MM, a decrease of 3.32%. The projected annual non-GAAP EPS is 2.86.

What is the Fund Sentiment?

There are 514 funds or institutions reporting positions in FS KKR Capital. This is an decrease of 6 owner(s) or 1.15% in the last quarter. Average portfolio weight of all funds dedicated to FSK is 0.35%, an increase of 9.30%. Total shares owned by institutions decreased in the last three months by 5.84% to 90,247K shares. FSK / FS KKR Capital Corp. Put/Call Ratios The put/call ratio of FSK is 1.33, indicating a bearish outlook.

What are Other Shareholders Doing?

FSK / FS KKR Capital Corp. Shares Held by Institutions

Van Eck Associates holds 6,604K shares. In its prior filing, the firm reported owning 5,205K shares , representing an increase of 21.18%. The firm increased its portfolio allocation in FSK by 0.65% over the last quarter.

BIZD - VanEck Vectors BDC Income ETF holds 5,671K shares. In its prior filing, the firm reported owning 4,815K shares , representing an increase of 15.09%. The firm decreased its portfolio allocation in FSK by 2.07% over the last quarter.

Kohlberg Kravis Roberts & Co. holds 4,740K shares. In its prior filing, the firm reported owning 12,296K shares , representing a decrease of 159.42%. The firm decreased its portfolio allocation in FSK by 68.11% over the last quarter.

Commonwealth Equity Services holds 4,332K shares. In its prior filing, the firm reported owning 4,190K shares , representing an increase of 3.27%. The firm decreased its portfolio allocation in FSK by 10.46% over the last quarter.

LPL Financial holds 3,293K shares. In its prior filing, the firm reported owning 3,113K shares , representing an increase of 5.46%. The firm decreased its portfolio allocation in FSK by 10.46% over the last quarter.

FS KKR Capital Background Information
(This description is provided by the company.)

FS/KKR Advisor, LLC is a partnership between FS Investments and KKR Credit that serves as the investment adviser to BDCs with approximately $16 billion in assets under management as of December 31, 2020.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.