Columbus Macro LLC Invests $5.54 Million in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Columbus Macro LLC acquired a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 316,420 shares of the company's stock, valued at approximately $5,544,000. Columbus Macro LLC owned approximately 0.49% of Bain Capital Specialty Finance at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BCSF. Quantbot Technologies LP purchased a new position in shares of Bain Capital Specialty Finance in the 3rd quarter valued at $136,000. Farther Finance Advisors LLC acquired a new position in Bain Capital Specialty Finance in the third quarter valued at $182,000. Centiva Capital LP purchased a new position in shares of Bain Capital Specialty Finance during the third quarter worth about $199,000. KKM Financial LLC acquired a new stake in shares of Bain Capital Specialty Finance during the third quarter worth about $232,000. Finally, Cooper Financial Group lifted its holdings in shares of Bain Capital Specialty Finance by 7.5% in the 4th quarter. Cooper Financial Group now owns 15,064 shares of the company's stock valued at $264,000 after purchasing an additional 1,053 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised their price target on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 29th.

Bain Capital Specialty Finance Stock Performance

NYSE:BCSF traded down $0.10 during trading hours on Friday, reaching $17.94. 191,835 shares of the company's stock were exchanged, compared to its average volume of 211,133. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 9.02 and a beta of 1.10. Bain Capital Specialty Finance, Inc. has a 1-year low of $14.85 and a 1-year high of $18.35. The company has a 50-day moving average of $17.46 and a 200 day moving average of $16.95.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) 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. Research analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current year.

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.