First National Trust Co Buys 30,030 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

First National Trust Co increased its stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) by 32.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,720 shares of the company's stock after purchasing an additional 30,030 shares during the quarter. First National Trust Co owned about 0.19% of Bain Capital Specialty Finance worth $2,133,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of BCSF. Mascoma Wealth Management LLC bought a new stake in shares of Bain Capital Specialty Finance during the fourth quarter valued at approximately $29,000. Quantbot Technologies LP acquired a new position in Bain Capital Specialty Finance in the third quarter valued at approximately $136,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Bain Capital Specialty Finance in the fourth quarter valued at approximately $151,000. Centiva Capital LP acquired a new position in Bain Capital Specialty Finance in the third quarter valued at approximately $199,000. Finally, KKM Financial LLC acquired a new position in Bain Capital Specialty Finance in the third quarter valued at approximately $232,000.

Bain Capital Specialty Finance Trading Up 0.2 %

BCSF traded up $0.04 during mid-day trading on Wednesday, hitting $16.72. The stock had a trading volume of 292,872 shares, compared to its average volume of 235,191. The stock's fifty day simple moving average is $17.78 and its 200-day simple moving average is $17.25. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 8.40 and a beta of 1.10. Bain Capital Specialty Finance, Inc. has a 1-year low of $15.29 and a 1-year high of $19.21.

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Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. The company had revenue of $73.30 million for the quarter, compared to analyst estimates of $67.50 million. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. As a group, research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

Bain Capital Specialty Finance Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 16th will be issued a $0.03 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $0.12 annualized dividend and a yield of 0.72%. Bain Capital Specialty Finance's dividend payout ratio (DPR) is presently 90.81%.

Insiders Place Their Bets

In related news, Director Clare Stack Richer acquired 1,530 shares of the stock in a transaction dated Monday, March 17th. The stock was bought at an average price of $16.43 per share, with a total value of $25,137.90. Following the completion of the transaction, the director now directly owns 20,835 shares of the company's stock, valued at approximately $342,319.05. The trade was a 7.93 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.59% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BCSF shares. Keefe, Bruyette & Woods increased their price objective on shares of Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company a "market perform" rating in a report on Tuesday, March 4th. Wells Fargo & Company increased their price objective on shares of Bain Capital Specialty Finance from $18.00 to $19.00 and gave the company an "overweight" rating in a report on Monday, March 3rd.

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.