Mutual Advisors LLC Lowers Position in Bain Capital Specialty Finance, Inc. $BCSF

Mutual Advisors LLC lessened its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 5.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,890 shares of the company’s stock after selling 872 shares during the period. Mutual Advisors LLC’s holdings in Bain Capital Specialty Finance were worth $228,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quarry LP bought a new stake in Bain Capital Specialty Finance in the first quarter worth $100,000. MQS Management LLC bought a new stake in Bain Capital Specialty Finance in the first quarter worth $176,000. Jump Financial LLC bought a new stake in Bain Capital Specialty Finance in the first quarter worth $200,000. U.S. Capital Wealth Advisors LLC bought a new stake in Bain Capital Specialty Finance in the second quarter worth $185,000. Finally, Cooper Financial Group increased its position in Bain Capital Specialty Finance by 14.4% in the second quarter. Cooper Financial Group now owns 13,597 shares of the company’s stock worth $205,000 after purchasing an additional 1,716 shares during the last quarter.

Bain Capital Specialty Finance Trading Up 1.6%

BCSF stock opened at $14.23 on Wednesday. The company has a quick ratio of 3.63, a current ratio of 3.63 and a debt-to-equity ratio of 1.37. Bain Capital Specialty Finance, Inc. has a twelve month low of $13.20 and a twelve month high of $19.21. The stock has a market capitalization of $923.29 million, a price-to-earnings ratio of 8.57 and a beta of 0.81. The firm’s fifty day simple moving average is $14.79 and its two-hundred day simple moving average is $15.04.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. Bain Capital Specialty Finance had a net margin of 37.90% and a return on equity of 11.41%. The business had revenue of $70.97 million for the quarter, compared to analysts’ expectations of $67.88 million. As a group, analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Bain Capital Specialty Finance from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.50.

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.