Strategic Financial Concepts LLC acquired a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its position in shares of Bain Capital Specialty Finance by 1,551.4% in the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company's stock valued at $87,430,000 after acquiring an additional 494,812 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Bain Capital Specialty Finance by 0.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 468,313 shares of the company's stock valued at $8,205,000 after acquiring an additional 2,445 shares in the last quarter. Columbus Macro LLC purchased a new position in shares of Bain Capital Specialty Finance in the fourth quarter valued at approximately $5,544,000. Franklin Resources Inc. lifted its position in shares of Bain Capital Specialty Finance by 14.6% in the third quarter. Franklin Resources Inc. now owns 287,890 shares of the company's stock valued at $4,779,000 after acquiring an additional 36,585 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Bain Capital Specialty Finance by 5.5% in the third quarter. Rockefeller Capital Management L.P. now owns 270,826 shares of the company's stock valued at $4,496,000 after acquiring an additional 14,223 shares in the last quarter.
Analyst Upgrades and Downgrades
Separately, Wells Fargo & Company raised their target price on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company an "overweight" rating in a research report on Wednesday, January 29th.
Check Out Our Latest Stock Report on Bain Capital Specialty Finance
Bain Capital Specialty Finance Trading Up 0.6 %
Bain Capital Specialty Finance stock traded up $0.11 during trading on Friday, reaching $18.32. 179,540 shares of the company were exchanged, compared to its average volume of 204,273. Bain Capital Specialty Finance, Inc. has a 52-week low of $15.09 and a 52-week high of $18.35. The company has a market capitalization of $1.18 billion, a P/E ratio of 9.21 and a beta of 1.10. 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 stock's 50 day simple moving average is $17.57 and its two-hundred day simple moving average is $17.00.
Bain Capital Specialty Finance Profile
(
Free Report)
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.
Further Reading
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