Muzinich & Co. Inc. Has $9.23 Million Holdings in Bain Capital Specialty Finance, Inc. $BCSF

Muzinich & Co. Inc. raised its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 16.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 647,534 shares of the company’s stock after purchasing an additional 93,732 shares during the period. Bain Capital Specialty Finance accounts for approximately 3.6% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 10th biggest position. Muzinich & Co. Inc. owned approximately 1.00% of Bain Capital Specialty Finance worth $9,227,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. GPS Wealth Strategies Group LLC grew its stake in Bain Capital Specialty Finance by 38.8% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,682 shares of the company’s stock valued at $40,000 after buying an additional 750 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Bain Capital Specialty Finance by 52.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,604 shares of the company’s stock worth $54,000 after buying an additional 1,241 shares in the last quarter. Quarry LP bought a new stake in shares of Bain Capital Specialty Finance in the first quarter valued at about $100,000. Quantbot Technologies LP bought a new position in Bain Capital Specialty Finance during the second quarter worth about $121,000. Finally, Jump Financial LLC acquired a new stake in Bain Capital Specialty Finance in the 1st quarter worth about $200,000.

Bain Capital Specialty Finance Stock Performance

Shares of NYSE:BCSF opened at $13.82 on Tuesday. The company’s 50 day simple moving average is $14.07 and its 200 day simple moving average is $14.64. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.78 and a quick ratio of 1.78. Bain Capital Specialty Finance, Inc. has a 1 year low of $13.20 and a 1 year high of $19.21. The stock has a market capitalization of $896.31 million, a price-to-earnings ratio of 9.60 and a beta of 0.61.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. Bain Capital Specialty Finance had a return on equity of 11.03% and a net margin of 33.45%.The company had revenue of $67.20 million for the quarter, compared to analyst estimates of $69.53 million. As a group, research analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

Bain Capital Specialty Finance Announces Dividend

The business also recently declared a special dividend, which will be paid on Monday, January 26th. Stockholders of record on Wednesday, December 31st will be paid a $0.15 dividend. The ex-dividend date is Wednesday, December 31st. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 116.67%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on BCSF shares. Keefe, Bruyette & Woods raised shares of Bain Capital Specialty Finance from a “market perform” rating to an “outperform” rating and set a $16.00 target price on the stock in a report on Friday, December 19th. Zacks Research lowered Bain Capital Specialty Finance from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 14th. Finally, Wells Fargo & Company cut their target price on Bain Capital Specialty Finance from $16.00 to $15.00 and set an “overweight” rating for the company in a research report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.50.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.