Kingswood Wealth Advisors LLC Makes New $203,000 Investment in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Kingswood Wealth Advisors LLC purchased a new position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSFFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,493 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its stake in Bain Capital Specialty Finance by 949.4% during the third quarter. Tower Research Capital LLC TRC now owns 2,613 shares of the company’s stock worth $31,000 after purchasing an additional 2,364 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in Bain Capital Specialty Finance during the second quarter worth $36,000. Chilton Capital Management LLC bought a new stake in Bain Capital Specialty Finance during the second quarter worth $45,000. Quantbot Technologies LP bought a new stake in Bain Capital Specialty Finance during the second quarter worth $45,000. Finally, Comerica Bank bought a new stake in Bain Capital Specialty Finance during the third quarter worth $73,000.

Analysts Set New Price Targets

Separately, Wells Fargo & Company upped their target price on Bain Capital Specialty Finance from $13.75 to $14.50 and gave the stock an “equal weight” rating in a research note on Monday, January 29th.

Get Our Latest Analysis on BCSF

Bain Capital Specialty Finance Price Performance

Shares of BCSF opened at $15.68 on Friday. Bain Capital Specialty Finance, Inc. has a 52 week low of $11.06 and a 52 week high of $16.80. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.11. The stock has a fifty day moving average of $15.49 and a 200-day moving average of $15.40.

Bain Capital Specialty Finance (NYSE:BCSFGet Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.54 EPS for the quarter, meeting analysts’ consensus estimates of $0.54. Bain Capital Specialty Finance had a return on equity of 12.54% and a net margin of 41.43%. The company had revenue of $74.95 million during the quarter. As a group, research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.07 EPS for the current fiscal year.

Bain Capital Specialty Finance Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.48%. This is a boost from Bain Capital Specialty Finance’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, March 27th. Bain Capital Specialty Finance’s dividend payout ratio is presently 88.42%.

Bain Capital Specialty Finance Company Profile

(Free Report)

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.

Further Reading

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

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