Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) by 1,551.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 526,706 shares of the company's stock after acquiring an additional 494,812 shares during the period. International Assets Investment Management LLC owned about 0.82% of Bain Capital Specialty Finance worth $87,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Quarry LP boosted its holdings in Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company's stock valued at $49,000 after purchasing an additional 1,268 shares in the last quarter. Register Financial Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the second quarter valued at approximately $130,000. BOKF NA acquired a new position in Bain Capital Specialty Finance during the second quarter worth $159,000. Lazard Asset Management LLC raised its position in Bain Capital Specialty Finance by 58.5% in the first quarter. Lazard Asset Management LLC now owns 12,410 shares of the company's stock worth $194,000 after acquiring an additional 4,581 shares in the last quarter. Finally, Cooper Financial Group lifted its holdings in Bain Capital Specialty Finance by 10.3% in the second quarter. Cooper Financial Group now owns 12,791 shares of the company's stock valued at $209,000 after acquiring an additional 1,195 shares during the period.

Bain Capital Specialty Finance Price Performance

Bain Capital Specialty Finance stock traded down $0.12 during trading hours on Friday, hitting $16.74. The stock had a trading volume of 74,744 shares, compared to its average volume of 236,439. Bain Capital Specialty Finance, Inc. has a 1-year low of $14.64 and a 1-year high of $17.25. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 8.37 and a beta of 1.13. The stock's fifty day moving average is $16.80 and its two-hundred day moving average is $16.52. 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 (NYSE:BCSF - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a return on equity of 12.09% and a net margin of 43.90%. The company had revenue of $72.27 million during the quarter. During the same period last year, the firm earned $0.60 earnings per share. As a group, analysts predict that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BCSF has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their price target on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an "overweight" rating on the stock in a research note on Thursday, August 8th. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $17.00 price target on shares of Bain Capital Specialty Finance in a research report on Wednesday, August 21st.

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.