64,771 Shares in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC bought a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 64,771 shares of the company's stock, valued at approximately $1,135,000. Strategic Financial Concepts LLC owned 0.10% of Bain Capital Specialty Finance as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BCSF. Van ECK Associates Corp boosted its stake in Bain Capital Specialty Finance by 13.8% in the 4th quarter. Van ECK Associates Corp now owns 1,088,471 shares of the company's stock worth $19,070,000 after purchasing an additional 131,860 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Bain Capital Specialty Finance by 1,551.4% in the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company's stock worth $87,430,000 after purchasing an additional 494,812 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Bain Capital Specialty Finance by 0.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 468,313 shares of the company's stock worth $8,205,000 after purchasing an additional 2,445 shares in the last quarter. Columbus Macro LLC purchased a new position in Bain Capital Specialty Finance during the 4th quarter worth approximately $5,544,000. Finally, Allworth Financial LP purchased a new position in Bain Capital Specialty Finance during the 4th quarter worth approximately $5,459,000.

Bain Capital Specialty Finance Price Performance

BCSF traded up $0.08 on Thursday, hitting $18.62. 174,930 shares of the company's stock were exchanged, compared to its average volume of 200,762. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $15.21 and a fifty-two week high of $18.65. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a 50-day moving average price of $17.68 and a 200-day moving average price of $17.05. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 9.35 and a beta of 1.10.

Analysts Set New Price Targets

Separately, Wells Fargo & Company lifted their target price on shares of Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company an "overweight" rating in a report on Wednesday, January 29th.

Bain Capital Specialty Finance Company 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.