United Advisor Group LLC Has $1.28 Million Holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

United Advisor Group LLC boosted its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 4.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,958 shares of the company’s stock after purchasing an additional 3,149 shares during the quarter. United Advisor Group LLC owned 0.12% of Bain Capital Specialty Finance worth $1,278,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Van ECK Associates Corp boosted its stake in shares of Bain Capital Specialty Finance by 18.4% in the second quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after buying an additional 162,956 shares during the period. International Assets Investment Management LLC lifted its position in shares of Bain Capital Specialty Finance by 1,551.4% during the 3rd 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 during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Bain Capital Specialty Finance by 10.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock worth $7,733,000 after purchasing an additional 43,794 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Bain Capital Specialty Finance by 33.8% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 317,318 shares of the company’s stock worth $5,175,000 after purchasing an additional 80,192 shares during the period. Finally, Gries Financial LLC raised its stake in Bain Capital Specialty Finance by 19.3% in the second quarter. Gries Financial LLC now owns 171,158 shares of the company’s stock valued at $2,792,000 after purchasing an additional 27,649 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BCSF shares. Wells Fargo & Company decreased their target price on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $17.00 price objective on shares of Bain Capital Specialty Finance in a research report on Wednesday, August 21st.

Bain Capital Specialty Finance Price Performance

Shares of NYSE:BCSF opened at $16.40 on Tuesday. The firm has a market cap of $1.06 billion, a PE ratio of 8.20 and a beta of 1.13. Bain Capital Specialty Finance, Inc. has a 52 week low of $14.75 and a 52 week high of $17.25. The firm’s fifty day moving average is $16.83 and its 200-day moving average is $16.56. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.80 and a current ratio of 1.80.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $72.27 million for the quarter. Bain Capital Specialty Finance had a return on equity of 12.09% and a net margin of 43.90%. During the same period in the prior year, the firm earned $0.60 earnings per share. Sell-side analysts predict that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share for the current year.

About Bain Capital Specialty Finance

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.