BI Asset Management Fondsmaeglerselskab A S Acquires 112,360 Shares of Bain Capital Specialty Finance, Inc. $BCSF

BI Asset Management Fondsmaeglerselskab A S increased its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 255.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 156,337 shares of the company’s stock after buying an additional 112,360 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Bain Capital Specialty Finance were worth $2,175,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. UBS Group AG boosted its holdings in Bain Capital Specialty Finance by 7.7% in the 4th quarter. UBS Group AG now owns 1,607,210 shares of the company’s stock valued at $22,356,000 after purchasing an additional 114,883 shares during the period. Cresset Asset Management LLC boosted its holdings in Bain Capital Specialty Finance by 20.9% in the 3rd quarter. Cresset Asset Management LLC now owns 1,452,327 shares of the company’s stock valued at $20,696,000 after purchasing an additional 250,844 shares during the period. Van ECK Associates Corp boosted its holdings in Bain Capital Specialty Finance by 16.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,306,231 shares of the company’s stock valued at $18,614,000 after purchasing an additional 181,591 shares during the period. Melia Wealth LLC boosted its holdings in Bain Capital Specialty Finance by 1.0% in the 4th quarter. Melia Wealth LLC now owns 1,134,211 shares of the company’s stock valued at $15,777,000 after purchasing an additional 10,982 shares during the period. Finally, Muzinich & Co. Inc. boosted its holdings in Bain Capital Specialty Finance by 21.1% in the 4th quarter. Muzinich & Co. Inc. now owns 784,147 shares of the company’s stock valued at $10,907,000 after purchasing an additional 136,613 shares during the period.

Bain Capital Specialty Finance Stock Performance

NYSE BCSF opened at $12.87 on Tuesday. Bain Capital Specialty Finance, Inc. has a 52-week low of $11.82 and a 52-week high of $16.00. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.17 and a current ratio of 2.17. The company has a market capitalization of $834.81 million, a P/E ratio of 11.29 and a beta of 0.57. The company has a fifty day moving average of $13.14 and a 200-day moving average of $13.37.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Bain Capital Specialty Finance had a return on equity of 10.44% and a net margin of 27.00%.The company had revenue of $42.20 million for the quarter, compared to the consensus estimate of $65.58 million. As a group, equities research analysts predict that Bain Capital Specialty Finance, Inc. will post 1.67 EPS for the current fiscal year.

Bain Capital Specialty Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 13.1%. The ex-dividend date of this dividend is Monday, June 15th. Bain Capital Specialty Finance’s payout ratio is currently 147.37%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company cut their price target 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, March 3rd. Keefe, Bruyette & Woods cut their price target on shares of Bain Capital Specialty Finance from $16.00 to $15.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Bain Capital Specialty Finance presently has a consensus rating of “Hold” and a consensus price target of $14.00.

Bain Capital Specialty Finance 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.