Hennion & Walsh Asset Management Inc. Boosts Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Hennion & Walsh Asset Management Inc. increased its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) by 10.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 465,868 shares of the company's stock after purchasing an additional 43,794 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.72% of Bain Capital Specialty Finance worth $7,733,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BCSF. CFO4Life Group LLC lifted its stake in shares of Bain Capital Specialty Finance by 2.8% during the 1st quarter. CFO4Life Group LLC now owns 29,248 shares of the company's stock valued at $459,000 after buying an additional 787 shares in the last quarter. Mount Yale Investment Advisors LLC grew its position in shares of Bain Capital Specialty Finance by 1.0% in the first quarter. Mount Yale Investment Advisors LLC now owns 86,851 shares of the company's stock valued at $1,362,000 after purchasing an additional 898 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Bain Capital Specialty Finance by 1.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company's stock worth $1,348,000 after purchasing an additional 1,025 shares in the last quarter. Confluence Investment Management LLC increased its position in shares of Bain Capital Specialty Finance by 1.0% during the second quarter. Confluence Investment Management LLC now owns 118,519 shares of the company's stock valued at $1,933,000 after buying an additional 1,183 shares during the period. Finally, Cooper Financial Group increased its position in shares of Bain Capital Specialty Finance by 10.3% during the second quarter. Cooper Financial Group now owns 12,791 shares of the company's stock valued at $209,000 after buying an additional 1,195 shares during the period.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BCSF. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st. Wells Fargo & Company cut their target price on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th.

Bain Capital Specialty Finance Price Performance

NYSE BCSF traded up $0.09 on Thursday, reaching $16.86. 149,992 shares of the company's stock traded hands, compared to its average volume of 237,224. The stock has a market cap of $1.09 billion, a PE ratio of 8.44 and a beta of 1.13. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.80 and a quick ratio of 1.80. Bain Capital Specialty Finance, Inc. has a 12 month low of $14.60 and a 12 month high of $17.25. The stock has a 50-day simple moving average of $16.77 and a 200 day simple moving average of $16.50.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last issued its earnings results on Tuesday, August 6th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. The company had revenue of $72.27 million for the quarter. During the same quarter in the previous year, the business earned $0.60 EPS. As a group, research analysts predict that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share 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.