100,000 Shares in Bain Capital Specialty Finance, Inc. $BCSF Acquired by Curated Wealth Partners LLC

Curated Wealth Partners LLC bought a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 100,000 shares of the company’s stock, valued at approximately $1,104,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Columbus Macro LLC increased its position in Bain Capital Specialty Finance by 42.2% in the third quarter. Columbus Macro LLC now owns 641,723 shares of the company’s stock worth $7,085,000 after purchasing an additional 190,414 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Bain Capital Specialty Finance by 4.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 370,141 shares of the company’s stock valued at $4,634,000 after purchasing an additional 14,238 shares during the last quarter. Alpine Global Management LLC lifted its position in Bain Capital Specialty Finance by 232.2% during the fourth quarter. Alpine Global Management LLC now owns 307,641 shares of the company’s stock valued at $4,279,000 after purchasing an additional 215,031 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in Bain Capital Specialty Finance by 3.0% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 161,044 shares of the company’s stock valued at $1,997,000 after purchasing an additional 4,707 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ grew its stake in shares of Bain Capital Specialty Finance by 15.9% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 119,266 shares of the company’s stock worth $1,479,000 after buying an additional 16,390 shares in the last quarter.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on BCSF shares. Capital One Financial set a $12.50 target price on shares of Bain Capital Specialty Finance in a report on Friday, September 18th. Zacks Research upgraded shares of Bain Capital Specialty Finance from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Noble Financial began coverage on shares of Bain Capital Specialty Finance in a report on Friday, September 18th. They issued a “neutral” rating for the company. Loop Capital set a $12.50 price target on Bain Capital Specialty Finance in a research report on Friday, September 18th. Finally, Wells Fargo & Company dropped their price target on Bain Capital Specialty Finance from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Hold rating. According to data from MarketBeat, Bain Capital Specialty Finance has an average rating of “Hold” and an average price target of $12.60.

Bain Capital Specialty Finance Trading Up 2.4%

Shares of Bain Capital Specialty Finance stock traded up $0.26 during trading on Thursday, hitting $10.71. The stock had a trading volume of 108,744 shares, compared to its average volume of 451,281. The firm’s fifty day simple moving average is $11.60 and its 200-day simple moving average is $12.43. The stock has a market cap of $695.07 million, a PE ratio of 10.82 and a beta of 0.60. The company has a debt-to-equity ratio of 1.39, a current ratio of 7.20 and a quick ratio of 7.20. Bain Capital Specialty Finance, Inc. has a 12 month low of $10.43 and a 12 month high of $14.70.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings results on Monday, August 10th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. The firm had revenue of $47.80 million during the quarter, compared to analysts’ expectations of $64.44 million. Bain Capital Specialty Finance had a net margin of 24.22% and a return on equity of 10.40%. As a group, sell-side analysts expect that Bain Capital Specialty Finance, Inc. will post 1.64 EPS for the current fiscal year.

Bain Capital Specialty Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 15.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Bain Capital Specialty Finance’s dividend payout ratio is 169.70%.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc (NYSE: BCSF) is a business development company that invests primarily in privately originated senior secured debt of middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation through investments in businesses across a range of industries.

BCSF’s portfolio generally includes first-lien and second-lien loans, unitranche debt and other credit investments. It may also make equity investments, including warrants and preferred or common equity, in connection with its lending activities.