Mascoma Wealth Management LLC Acquires New Shares in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Mascoma Wealth Management LLC acquired a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the fourth quarter, Holdings Channel reports. The fund acquired 1,676 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BCSF. Cooper Financial Group raised its stake in Bain Capital Specialty Finance by 7.5% during the 4th quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock valued at $264,000 after acquiring an additional 1,053 shares in the last quarter. Prairiewood Capital LLC raised its stake in Bain Capital Specialty Finance by 8.6% during the 4th quarter. Prairiewood Capital LLC now owns 15,211 shares of the company’s stock valued at $266,000 after acquiring an additional 1,201 shares in the last quarter. Graypoint LLC raised its stake in Bain Capital Specialty Finance by 2.1% during the 4th quarter. Graypoint LLC now owns 105,271 shares of the company’s stock valued at $1,844,000 after acquiring an additional 2,159 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Bain Capital Specialty Finance by 0.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 468,313 shares of the company’s stock valued at $8,205,000 after acquiring an additional 2,445 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Bain Capital Specialty Finance by 3.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 77,253 shares of the company’s stock valued at $1,282,000 after acquiring an additional 2,530 shares in the last quarter.

Bain Capital Specialty Finance Stock Down 0.7 %

BCSF opened at $16.59 on Thursday. Bain Capital Specialty Finance, Inc. has a one year low of $15.29 and a one year high of $19.21. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. The stock’s fifty day moving average is $17.84 and its 200-day moving average is $17.25. The company has a market capitalization of $1.07 billion, a PE ratio of 8.33 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The company had revenue of $73.30 million for the quarter, compared to the consensus estimate of $67.50 million. On average, equities 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Tuesday, December 16th. Bain Capital Specialty Finance’s dividend payout ratio is presently 90.81%.

Analysts Set New Price Targets

BCSF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lifted their target price on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company a “market perform” rating in a research note on Tuesday, March 4th. Wells Fargo & Company lifted their target price on Bain Capital Specialty Finance from $18.00 to $19.00 and gave the company an “overweight” rating in a research note on Monday, March 3rd.

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.