Janney Montgomery Scott LLC Raises Holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Janney Montgomery Scott LLC boosted its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSFFree Report) by 13.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,006 shares of the company’s stock after buying an additional 6,210 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Bain Capital Specialty Finance were worth $799,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Raymond James & Associates boosted its stake in shares of Bain Capital Specialty Finance by 3.1% during the 3rd quarter. Raymond James & Associates now owns 32,912 shares of the company’s stock worth $504,000 after purchasing an additional 994 shares during the last quarter. Sigma Planning Corp purchased a new stake in Bain Capital Specialty Finance in the 3rd quarter worth approximately $425,000. Jump Financial LLC acquired a new position in Bain Capital Specialty Finance in the 3rd quarter valued at $666,000. Van ECK Associates Corp lifted its stake in shares of Bain Capital Specialty Finance by 6.6% during the 3rd quarter. Van ECK Associates Corp now owns 738,990 shares of the company’s stock worth $11,314,000 after purchasing an additional 45,973 shares during the period. Finally, Pathstone Family Office LLC boosted its holdings in shares of Bain Capital Specialty Finance by 109.6% during the third quarter. Pathstone Family Office LLC now owns 191,243 shares of the company’s stock worth $2,928,000 after purchasing an additional 100,006 shares during the last quarter.

Bain Capital Specialty Finance Stock Performance

Bain Capital Specialty Finance stock opened at $16.79 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.18 and a quick ratio of 2.18. Bain Capital Specialty Finance, Inc. has a 12 month low of $12.18 and a 12 month high of $16.94. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 8.40 and a beta of 1.11. The stock’s 50-day moving average is $16.12 and its 200-day moving average is $15.62.

Bain Capital Specialty Finance (NYSE:BCSFGet Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. Bain Capital Specialty Finance had a net margin of 43.42% and a return on equity of 12.64%. The firm had revenue of $74.50 million for the quarter. Equities analysts anticipate that Bain Capital Specialty Finance, Inc. will post 1.99 earnings per share for the current year.

Bain Capital Specialty Finance Announces Dividend

The firm also recently declared 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 is Tuesday, December 31st. This represents a yield of 10.1%. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is 84.00%.

Analysts Set New Price Targets

Several analysts have commented on BCSF shares. Keefe, Bruyette & Woods lifted their price target on Bain Capital Specialty Finance from $16.50 to $17.00 and gave the company a “market perform” rating in a report on Thursday, May 23rd. Wells Fargo & Company upgraded shares of Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $16.00 to $17.00 in a report on Wednesday.

Check Out Our Latest Analysis on BCSF

About Bain Capital Specialty Finance

(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.

Read More

Want to see what other hedge funds are holding BCSF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bain Capital Specialty Finance, Inc. (NYSE:BCSFFree Report).

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

Receive News & Ratings for Bain Capital Specialty Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bain Capital Specialty Finance and related companies with MarketBeat.com's FREE daily email newsletter.