Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC boosted its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 273.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,071 shares of the company’s stock after acquiring an additional 8,107 shares during the period. Advisory Services Network LLC’s holdings in Bain Capital Specialty Finance were worth $164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of BCSF. Advisor Group Holdings Inc. raised its holdings in Bain Capital Specialty Finance by 48.6% in the second quarter. Advisor Group Holdings Inc. now owns 8,867 shares of the company’s stock valued at $135,000 after acquiring an additional 2,900 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Bain Capital Specialty Finance by 127.9% in the second quarter. Rockefeller Capital Management L.P. now owns 52,127 shares of the company’s stock valued at $797,000 after acquiring an additional 29,258 shares in the last quarter. Virtus ETF Advisers LLC raised its holdings in Bain Capital Specialty Finance by 25.2% in the second quarter. Virtus ETF Advisers LLC now owns 34,822 shares of the company’s stock valued at $533,000 after acquiring an additional 7,007 shares in the last quarter. Deutsche Bank AG acquired a new stake in Bain Capital Specialty Finance in the second quarter valued at $215,000. Finally, BlackRock Inc. raised its holdings in Bain Capital Specialty Finance by 10.9% in the second quarter. BlackRock Inc. now owns 336,851 shares of the company’s stock valued at $5,154,000 after acquiring an additional 33,145 shares in the last quarter. 48.29% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:BCSF opened at $15.75 on Friday. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 1.05 and a beta of 1.53. Bain Capital Specialty Finance, Inc. has a 1-year low of $12.40 and a 1-year high of $16.45. The company’s fifty day moving average is $15.53 and its two-hundred day moving average is $15.32. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.69 and a current ratio of 2.69.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its earnings results on Tuesday, November 2nd. The company reported $0.34 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.34. The company had revenue of $49.55 million for the quarter, compared to analysts’ expectations of $45.22 million. Bain Capital Specialty Finance had a net margin of 70.57% and a return on equity of 8.08%. During the same period in the prior year, the company earned $0.33 earnings per share. Sell-side analysts expect that Bain Capital Specialty Finance, Inc. will post 1.36 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 28th. Investors of record on Friday, December 31st will be issued a $0.34 dividend. The ex-dividend date is Thursday, December 30th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 8.63%. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 64.15%.

Several analysts recently issued reports on the stock. Zacks Investment Research cut shares of Bain Capital Specialty Finance from a “buy” rating to a “hold” rating in a report on Tuesday, January 4th. TheStreet raised shares of Bain Capital Specialty Finance from a “c-” rating to a “b-” rating in a report on Monday, November 15th.

Bain Capital Specialty Finance Profile

Bain Capital Specialty Finance, Inc operates as a development stage company, which intends to focus on senior investments with a first or second lien on collateral and strong structures and documentation, intended to protect the lender. The company was founded on October 5, 2015 and is headquartered in Boston, MA.

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

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