Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 18.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,137 shares of the company’s stock after selling 7,000 shares during the period. US Bancorp DE’s holdings in Bain Capital Specialty Finance were worth $517,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its stake in shares of Bain Capital Specialty Finance by 1,551.4% in the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after acquiring an additional 494,812 shares in the last quarter. Van ECK Associates Corp increased its holdings in Bain Capital Specialty Finance by 18.4% in the second quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after buying an additional 162,956 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Bain Capital Specialty Finance by 33.8% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 317,318 shares of the company’s stock valued at $5,175,000 after buying an additional 80,192 shares during the last quarter. Deerfield Management Company L.P. Series C increased its holdings in Bain Capital Specialty Finance by 213.8% in the second quarter. Deerfield Management Company L.P. Series C now owns 79,569 shares of the company’s stock valued at $1,298,000 after buying an additional 54,213 shares during the last quarter. Finally, LSV Asset Management purchased a new position in Bain Capital Specialty Finance in the first quarter valued at $847,000.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF stock opened at $16.96 on Tuesday. The stock’s 50-day moving average is $16.81 and its two-hundred day moving average is $16.59. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 8.52 and a beta of 1.13. Bain Capital Specialty Finance, Inc. has a 1 year low of $14.75 and a 1 year high of $17.25. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.80 and a current ratio of 1.41.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The firm had revenue of $72.54 million for the quarter. During the same period in the prior year, the business earned $0.55 EPS. Analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $17.00 price objective on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st. Wells Fargo & Company dropped their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Thursday, August 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.