48,227 Shares in Bain Capital Specialty Finance, Inc. $BCSF Purchased by Spartan Wealth Advisory Services LLC

Spartan Wealth Advisory Services LLC bought a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSFFree Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 48,227 shares of the company’s stock, valued at approximately $598,000. Spartan Wealth Advisory Services LLC owned 0.07% of Bain Capital Specialty Finance as of its most recent SEC filing.

Several other large investors have also made changes to their positions in BCSF. Royal Bank of Canada lifted its stake in Bain Capital Specialty Finance by 3.5% during the first quarter. Royal Bank of Canada now owns 140,801 shares of the company’s stock worth $2,337,000 after purchasing an additional 4,722 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Bain Capital Specialty Finance during the 2nd quarter worth $121,000. Invesco Ltd. lifted its position in shares of Bain Capital Specialty Finance by 12.0% during the 2nd quarter. Invesco Ltd. now owns 84,111 shares of the company’s stock worth $1,265,000 after buying an additional 9,017 shares during the last quarter. Marshall Wace LLP acquired a new stake in Bain Capital Specialty Finance in the second quarter valued at about $980,000. Finally, Jump Financial LLC raised its stake in Bain Capital Specialty Finance by 402.6% during the second quarter. Jump Financial LLC now owns 60,622 shares of the company’s stock worth $912,000 after acquiring an additional 48,561 shares in the last quarter.

Bain Capital Specialty Finance Stock Up 0.1%

BCSF stock opened at $12.70 on Monday. The firm has a 50-day moving average price of $12.86 and a 200-day moving average price of $13.05. Bain Capital Specialty Finance, Inc. has a 12 month low of $11.82 and a 12 month high of $15.84. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $823.98 million, a P/E ratio of 11.14 and a beta of 0.58.

Bain Capital Specialty Finance (NYSE:BCSFGet Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Bain Capital Specialty Finance had a return on equity of 10.44% and a net margin of 27.00%.The company had revenue of $42.20 million for the quarter, compared to analyst estimates of $65.58 million. As a group, equities research analysts anticipate that Bain Capital Specialty Finance, Inc. will post 1.67 EPS for the current fiscal year.

Bain Capital Specialty Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were given a dividend of $0.42 per share. The ex-dividend date was Monday, June 15th. This represents a $1.68 dividend on an annualized basis and a yield of 13.2%. Bain Capital Specialty Finance’s payout ratio is currently 147.37%.

Bain Capital Specialty Finance Profile

(Free Report)

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.

See Also

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Institutional Ownership by Quarter for Bain Capital Specialty Finance (NYSE:BCSF)

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