SG Americas Securities LLC Makes New $286,000 Investment in Bain Capital Specialty Finance, Inc. $BCSF

SG Americas Securities LLC bought a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,048 shares of the company’s stock, valued at approximately $286,000.

A number of other large investors have also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter valued at $557,000. Sumitomo Mitsui Trust Group Inc. increased its stake in Bain Capital Specialty Finance by 28.0% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 446,968 shares of the company’s stock valued at $6,722,000 after purchasing an additional 97,714 shares during the period. Comerica Bank raised its holdings in shares of Bain Capital Specialty Finance by 6.6% in the first quarter. Comerica Bank now owns 18,160 shares of the company’s stock valued at $301,000 after buying an additional 1,131 shares during the last quarter. Ethos Financial Group LLC acquired a new stake in shares of Bain Capital Specialty Finance during the first quarter worth about $582,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Bain Capital Specialty Finance during the second quarter worth about $793,000.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BCSF shares. Wells Fargo & Company decreased their price objective 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. Zacks Research downgraded Bain Capital Specialty Finance from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Bain Capital Specialty Finance from $17.00 to $16.00 and set a “market perform” rating on the stock in a research report on Thursday, November 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.50.

Bain Capital Specialty Finance Trading Up 0.4%

Shares of BCSF stock opened at $14.33 on Friday. The stock has a market cap of $929.59 million, a P/E ratio of 9.95 and a beta of 0.78. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.33. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $13.20 and a fifty-two week high of $19.21. The business has a fifty day simple moving average of $14.03 and a 200-day simple moving average of $14.87.

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

Bain Capital Specialty Finance Company 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.