Hager Investment Management Services LLC Purchases 10,471 Shares of Bain Capital Specialty Finance, Inc. $BCSF

Hager Investment Management Services LLC grew its position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 6.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,142 shares of the company’s stock after acquiring an additional 10,471 shares during the quarter. Bain Capital Specialty Finance comprises 1.5% of Hager Investment Management Services LLC’s holdings, making the stock its 23rd largest holding. Hager Investment Management Services LLC’s holdings in Bain Capital Specialty Finance were worth $2,469,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP bought a new stake in shares of Bain Capital Specialty Finance during the first quarter valued at approximately $100,000. MQS Management LLC bought a new stake in shares of Bain Capital Specialty Finance during the first quarter valued at approximately $176,000. Jump Financial LLC bought a new stake in shares of Bain Capital Specialty Finance during the first quarter valued at approximately $200,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Bain Capital Specialty Finance during the second quarter valued at approximately $185,000. Finally, Cooper Financial Group boosted its position in shares of Bain Capital Specialty Finance by 14.4% during the second quarter. Cooper Financial Group now owns 13,597 shares of the company’s stock valued at $205,000 after buying an additional 1,716 shares during the last quarter.

Bain Capital Specialty Finance Stock Down 0.6%

Shares of NYSE:BCSF opened at $13.69 on Thursday. The business’s 50 day moving average is $15.00 and its 200 day moving average is $15.22. The company has a quick ratio of 3.63, a current ratio of 3.63 and a debt-to-equity ratio of 1.37. Bain Capital Specialty Finance, Inc. has a 12-month low of $13.20 and a 12-month high of $19.21. The stock has a market cap of $888.07 million, a price-to-earnings ratio of 8.25 and a beta of 0.81.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. Bain Capital Specialty Finance had a return on equity of 11.41% and a net margin of 37.90%.The business had revenue of $70.97 million for the quarter, compared to analysts’ expectations of $67.88 million. On average, sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Bain Capital Specialty Finance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $16.50.

Bain Capital Specialty Finance Profile

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.