KKM Financial LLC Makes New $232,000 Investment in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

KKM Financial LLC bought a new position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,978 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BCSF. Advisors Asset Management Inc. grew its holdings in Bain Capital Specialty Finance by 17.7% during the third quarter. Advisors Asset Management Inc. now owns 177,321 shares of the company’s stock worth $2,944,000 after acquiring an additional 26,690 shares during the period. First National Trust Co boosted its position in shares of Bain Capital Specialty Finance by 189.6% during the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock valued at $1,522,000 after purchasing an additional 60,024 shares in the last quarter. Confluence Investment Management LLC grew its stake in shares of Bain Capital Specialty Finance by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock worth $1,984,000 after purchasing an additional 1,028 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of Bain Capital Specialty Finance in the 3rd quarter worth approximately $286,000. Finally, United Advisor Group LLC lifted its stake in Bain Capital Specialty Finance by 4.3% during the third quarter. United Advisor Group LLC now owns 76,958 shares of the company’s stock valued at $1,278,000 after purchasing an additional 3,149 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BCSF shares. Wells Fargo & Company cut their price objective on 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. 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.

Bain Capital Specialty Finance Stock Performance

Bain Capital Specialty Finance stock opened at $16.74 on Friday. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $17.25. The firm’s 50 day simple moving average is $16.80 and its 200-day simple moving average is $16.60. 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 company has a market cap of $1.08 billion, a P/E ratio of 8.41 and a beta of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The firm had revenue of $72.54 million for the quarter. During the same quarter in the previous year, the firm posted $0.55 earnings per share. As a group, equities research analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS 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.