Advisors Asset Management Inc. Purchases 26,690 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Advisors Asset Management Inc. increased its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 17.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,321 shares of the company’s stock after purchasing an additional 26,690 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.27% of Bain Capital Specialty Finance worth $2,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Quarry LP lifted its position in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares during the period. Register Financial Advisors LLC bought a new stake in Bain Capital Specialty Finance during the 2nd quarter valued at approximately $130,000. BOKF NA bought a new stake in Bain Capital Specialty Finance during the 2nd quarter valued at approximately $159,000. Farther Finance Advisors LLC bought a new position in shares of Bain Capital Specialty Finance in the 3rd quarter worth approximately $182,000. Finally, Lazard Asset Management LLC lifted its stake in shares of Bain Capital Specialty Finance by 58.5% in the 1st quarter. Lazard Asset Management LLC now owns 12,410 shares of the company’s stock valued at $194,000 after purchasing an additional 4,581 shares during the period.

Bain Capital Specialty Finance Stock Up 0.6 %

BCSF stock opened at $16.74 on Friday. The business has a 50 day moving average of $16.79 and a 200 day moving average of $16.60. The firm has a market cap of $1.08 billion, a PE ratio of 8.41 and a beta of 1.13. Bain Capital Specialty Finance, Inc. has a twelve month low of $14.75 and a twelve month high of $17.25. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The firm had revenue of $72.54 million during the quarter. During the same quarter in the previous year, the business earned $0.55 earnings per share. On average, research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BCSF has been the subject of a number of research reports. Wells Fargo & Company decreased their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $17.00 price target on shares of Bain Capital Specialty Finance in a research report on Wednesday, August 21st.

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.