Campbell & CO Investment Adviser LLC boosted its position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF – Free Report) by 22.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,559 shares of the company’s stock after buying an additional 12,084 shares during the quarter. Campbell & CO Investment Adviser LLC owned approximately 0.10% of Bain Capital Specialty Finance worth $986,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BCSF. GPS Wealth Strategies Group LLC boosted its stake in shares of Bain Capital Specialty Finance by 38.8% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,682 shares of the company’s stock worth $40,000 after acquiring an additional 750 shares in the last quarter. Quarry LP acquired a new position in Bain Capital Specialty Finance in the 1st quarter worth about $100,000. MQS Management LLC purchased a new position in Bain Capital Specialty Finance during the first quarter worth approximately $176,000. U.S. Capital Wealth Advisors LLC acquired a new stake in Bain Capital Specialty Finance in the second quarter valued at approximately $185,000. Finally, Jump Financial LLC acquired a new stake in Bain Capital Specialty Finance in the first quarter valued at approximately $200,000.
Analysts Set New Price Targets
BCSF has been the subject of several research analyst reports. Wells Fargo & Company reduced their target price on Bain Capital Specialty Finance from $16.00 to $15.00 and set an “overweight” rating for the company in a research note on Wednesday. Zacks Research cut shares of Bain Capital Specialty Finance from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $16.00.
Bain Capital Specialty Finance Stock Up 2.3%
NYSE BCSF opened at $14.05 on Thursday. The business has a fifty day moving average price of $14.33 and a 200 day moving average price of $14.97. The company has a debt-to-equity ratio of 1.37, a quick ratio of 3.63 and a current ratio of 3.63. The company has a market cap of $911.10 million, a P/E ratio of 9.75 and a beta of 0.78. Bain Capital Specialty Finance, Inc. has a one year low of $13.20 and a one year high of $19.21.
Bain Capital Specialty Finance (NYSE:BCSF – Get Free Report) last released its earnings results on Monday, November 10th. The company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.45. The business had revenue of $67.20 million during the quarter, compared to analyst estimates of $69.53 million. Bain Capital Specialty Finance had a net margin of 33.45% and a return on equity of 11.00%. Research analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.
Bain Capital Specialty Finance Company Profile
Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.
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