Bain Capital Specialty Finance (NYSE:BCSF) Price Target Raised to $18.00

Bain Capital Specialty Finance (NYSE:BCSF) had its price target raised by stock analysts at Wells Fargo & Company from $17.00 to $18.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 8.96% from the stock’s previous close.

Separately, Keefe, Bruyette & Woods increased their price target on shares of Bain Capital Specialty Finance from $16.50 to $17.00 and gave the company a “market perform” rating in a research report on Thursday, May 23rd.

Bain Capital Specialty Finance Trading Down 0.4 %

Shares of BCSF opened at $16.52 on Friday. The stock has a market capitalization of $1.07 billion, a P/E ratio of 8.26 and a beta of 1.12. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.19. The firm has a fifty day simple moving average of $16.50 and a two-hundred day simple moving average of $15.98. Bain Capital Specialty Finance has a twelve month low of $14.30 and a twelve month high of $16.94.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. The business had revenue of $74.50 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.42% and a return on equity of 12.64%. On average, research analysts anticipate that Bain Capital Specialty Finance will post 1.99 EPS for the current year.

Institutional Trading of Bain Capital Specialty Finance

Institutional investors have recently bought and sold shares of the company. Kingswood Wealth Advisors LLC purchased a new position in shares of Bain Capital Specialty Finance in the fourth quarter worth approximately $203,000. Foster Victor Wealth Advisors LLC raised its position in shares of Bain Capital Specialty Finance by 11.8% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 19,000 shares of the company’s stock valued at $295,000 after buying an additional 2,000 shares during the last quarter. International Assets Investment Management LLC increased its position in Bain Capital Specialty Finance by 1,549.3% in the fourth quarter. International Assets Investment Management LLC now owns 476,920 shares of the company’s stock worth $7,187,000 after purchasing an additional 448,003 shares during the last quarter. Koshinski Asset Management Inc. increased its position in Bain Capital Specialty Finance by 73.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 28,052 shares of the company’s stock worth $423,000 after purchasing an additional 11,910 shares during the last quarter. Finally, Graypoint LLC increased its position in Bain Capital Specialty Finance by 2.4% in the fourth quarter. Graypoint LLC now owns 98,369 shares of the company’s stock worth $1,482,000 after purchasing an additional 2,317 shares during the last quarter.

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.