Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Stake Boosted by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 11.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 116,601 shares of the company’s stock after purchasing an additional 11,662 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Bain Capital Specialty Finance were worth $1,757,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Signaturefd LLC acquired a new position in Bain Capital Specialty Finance during the 4th quarter valued at about $93,000. Kingswood Wealth Advisors LLC acquired a new position in Bain Capital Specialty Finance during the 4th quarter worth $203,000. Dfpg Investments LLC grew its stake in shares of Bain Capital Specialty Finance by 13.3% in the fourth quarter. Dfpg Investments LLC now owns 14,030 shares of the company’s stock worth $211,000 after purchasing an additional 1,650 shares in the last quarter. First Affirmative Financial Network increased its holdings in shares of Bain Capital Specialty Finance by 18.5% during the fourth quarter. First Affirmative Financial Network now owns 14,900 shares of the company’s stock valued at $225,000 after purchasing an additional 2,326 shares during the period. Finally, Foster Victor Wealth Advisors LLC increased its stake in Bain Capital Specialty Finance by 11.8% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 19,000 shares of the company’s stock valued at $295,000 after buying an additional 2,000 shares during the period.

Bain Capital Specialty Finance Stock Performance

Shares of NYSE BCSF opened at $16.25 on Wednesday. Bain Capital Specialty Finance, Inc. has a 52-week low of $12.13 and a 52-week high of $16.94. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 8.12 and a beta of 1.11. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.19. The stock’s fifty day simple moving average is $16.06 and its 200 day simple moving average is $15.58.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Tuesday, February 27th. The company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The firm had revenue of $74.95 million for the quarter. Bain Capital Specialty Finance had a return on equity of 12.64% and a net margin of 43.42%. As a group, sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.07 earnings per share for the current fiscal year.

Bain Capital Specialty Finance Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 10.1%. Bain Capital Specialty Finance’s payout ratio is 84.00%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company boosted their price target on shares of Bain Capital Specialty Finance from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 8th.

About Bain Capital Specialty Finance

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.