Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Stake Boosted by Franklin Resources Inc.

Franklin Resources Inc. boosted its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) by 14.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 287,890 shares of the company's stock after purchasing an additional 36,585 shares during the period. Franklin Resources Inc. owned approximately 0.45% of Bain Capital Specialty Finance worth $4,779,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Jane Street Group LLC increased its holdings in shares of Bain Capital Specialty Finance by 136.2% in the third quarter. Jane Street Group LLC now owns 24,092 shares of the company's stock valued at $400,000 after buying an additional 13,892 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Bain Capital Specialty Finance during the third quarter valued at $199,000. Rockefeller Capital Management L.P. boosted its position in shares of Bain Capital Specialty Finance by 5.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 270,826 shares of the company's stock valued at $4,496,000 after purchasing an additional 14,223 shares during the period. Townsquare Capital LLC increased its stake in Bain Capital Specialty Finance by 6.3% in the 3rd quarter. Townsquare Capital LLC now owns 50,267 shares of the company's stock worth $834,000 after purchasing an additional 2,957 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Bain Capital Specialty Finance during the 3rd quarter worth about $136,000.

Bain Capital Specialty Finance Trading Up 1.7 %

Shares of BCSF traded up $0.29 during midday trading on Tuesday, hitting $17.60. The stock had a trading volume of 128,974 shares, compared to its average volume of 229,333. The business has a 50-day simple moving average of $16.92 and a two-hundred day simple moving average of $16.70. The firm has a market cap of $1.14 billion, a P/E ratio of 8.84 and a beta of 1.12. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $17.60.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The firm had revenue of $72.54 million during the quarter. During the same period in the prior year, the business posted $0.55 EPS. As a group, equities analysts forecast 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.