Keefe, Bruyette & Woods Has Lowered Expectations for Bain Capital Specialty Finance (NYSE:BCSF) Stock Price

Bain Capital Specialty Finance (NYSE:BCSF) had its target price lowered by research analysts at Keefe, Bruyette & Woods from $16.00 to $15.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 17.46% from the company’s previous close.

Separately, Wells Fargo & Company dropped their target price on shares of Bain Capital Specialty Finance from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $14.00.

Bain Capital Specialty Finance Stock Up 1.7%

Shares of NYSE BCSF opened at $12.77 on Tuesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.82 and a quick ratio of 1.78. Bain Capital Specialty Finance has a one year low of $12.43 and a one year high of $17.93. The firm’s 50 day simple moving average is $13.49 and its two-hundred day simple moving average is $14.10. The stock has a market capitalization of $828.39 million, a P/E ratio of 8.35 and a beta of 0.60.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. Bain Capital Specialty Finance had a net margin of 36.14% and a return on equity of 10.74%. The business had revenue of $68.20 million during the quarter, compared to the consensus estimate of $68.48 million. As a group, analysts expect that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Motiv8 Investments LLC purchased a new stake in Bain Capital Specialty Finance in the fourth quarter worth about $38,000. GPS Wealth Strategies Group LLC raised its stake in Bain Capital Specialty Finance by 38.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 2,682 shares of the company’s stock valued at $40,000 after buying an additional 750 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Bain Capital Specialty Finance in the fourth quarter worth $42,000. Steward Partners Investment Advisory LLC grew its stake in shares of Bain Capital Specialty Finance by 52.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,604 shares of the company’s stock worth $54,000 after acquiring an additional 1,241 shares during the last quarter. Finally, Stone House Investment Management LLC bought a new position in shares of Bain Capital Specialty Finance during the third quarter valued at $55,000.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.