Hennion & Walsh Asset Management Inc. Has $7.73 Million Stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Hennion & Walsh Asset Management Inc. boosted its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 10.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 465,868 shares of the company’s stock after purchasing an additional 43,794 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Bain Capital Specialty Finance were worth $7,733,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. CFO4Life Group LLC raised its holdings in shares of Bain Capital Specialty Finance by 2.8% during the first quarter. CFO4Life Group LLC now owns 29,248 shares of the company’s stock valued at $459,000 after purchasing an additional 787 shares during the period. Mount Yale Investment Advisors LLC raised its holdings in shares of Bain Capital Specialty Finance by 1.0% during the first quarter. Mount Yale Investment Advisors LLC now owns 86,851 shares of the company’s stock valued at $1,362,000 after purchasing an additional 898 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Bain Capital Specialty Finance by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company’s stock valued at $1,348,000 after purchasing an additional 1,025 shares during the period. Confluence Investment Management LLC raised its holdings in shares of Bain Capital Specialty Finance by 1.0% during the second quarter. Confluence Investment Management LLC now owns 118,519 shares of the company’s stock valued at $1,933,000 after purchasing an additional 1,183 shares during the period. Finally, Cooper Financial Group raised its holdings in shares of Bain Capital Specialty Finance by 10.3% during the second quarter. Cooper Financial Group now owns 12,791 shares of the company’s stock valued at $209,000 after purchasing an additional 1,195 shares during the period.

Bain Capital Specialty Finance Trading Down 0.5 %

BCSF opened at $16.77 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.80 and a quick ratio of 1.80. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $14.60 and a fifty-two week high of $17.25. The firm has a market capitalization of $1.08 billion, a PE ratio of 8.39 and a beta of 1.13. The company’s 50-day moving average is $16.77 and its 200 day moving average is $16.50.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its earnings results on Tuesday, August 6th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. The company had revenue of $72.27 million for the quarter. During the same quarter in the prior year, the company earned $0.60 EPS. As a group, research analysts predict that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BCSF has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

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.