Bain Capital Specialty Finance (NYSE:BCSF) Price Target Increased to $17.00 by Analysts at Keefe, Bruyette & Woods

Bain Capital Specialty Finance (NYSE:BCSF) had its price objective increased by Keefe, Bruyette & Woods from $16.50 to $17.00 in a research report sent to investors on Thursday morning, Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Separately, Wells Fargo & Company raised their price objective on 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.

Bain Capital Specialty Finance Stock Up 0.9 %

Shares of BCSF opened at $16.17 on Thursday. Bain Capital Specialty Finance has a 52-week low of $12.13 and a 52-week high of $16.94. The company has a market capitalization of $1.04 billion, a PE ratio of 8.09 and a beta of 1.11. The stock has a fifty day simple moving average of $16.08 and a two-hundred day simple moving average of $15.60. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.19.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. The firm had revenue of $74.95 million during the quarter. Bain Capital Specialty Finance had a return on equity of 12.64% and a net margin of 43.42%. As a group, equities analysts forecast that Bain Capital Specialty Finance will post 1.99 EPS for the current year.

Bain Capital Specialty Finance Dividend Announcement

The firm 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. This represents a dividend yield of 10.1%. The ex-dividend date is Tuesday, December 31st. Bain Capital Specialty Finance’s payout ratio is 84.00%.

Hedge Funds Weigh In On Bain Capital Specialty Finance

Institutional investors have recently bought and sold shares of the company. FinTrust Capital Advisors LLC acquired a new position in Bain Capital Specialty Finance in the 4th quarter valued at about $30,000. Signaturefd LLC acquired a new position in Bain Capital Specialty Finance in the 4th quarter valued at about $93,000. Cape Investment Advisory Inc. acquired a new position in Bain Capital Specialty Finance in the 4th quarter valued at about $134,000. Twin Focus Capital Partners LLC acquired a new position in Bain Capital Specialty Finance in the 4th quarter valued at about $151,000. Finally, Cooper Financial Group acquired a new position in Bain Capital Specialty Finance in the 1st quarter valued at about $182,000.

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.