Bain Capital Specialty Finance (NYSE:BCSF) Sets New 1-Year High – Should You Buy?

Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) reached a new 52-week high during trading on Thursday . The company traded as high as $18.64 and last traded at $18.54, with a volume of 156474 shares. The stock had previously closed at $18.54.

Analyst Ratings Changes

Separately, Wells Fargo & Company upped their price objective on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th.

Bain Capital Specialty Finance Trading Down 0.0 %

The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 9.31 and a beta of 1.10. 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 business has a fifty day moving average price of $17.65 and a 200 day moving average price of $17.04.

Institutional Trading of Bain Capital Specialty Finance

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in Bain Capital Specialty Finance by 47.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 224,528 shares of the company’s stock worth $3,727,000 after purchasing an additional 71,806 shares during the period. Franklin Resources Inc. boosted its position in Bain Capital Specialty Finance by 14.6% in the 3rd quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock valued at $4,779,000 after buying an additional 36,585 shares during the last quarter. First National Trust Co boosted its position in Bain Capital Specialty Finance by 189.6% in the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock valued at $1,522,000 after buying an additional 60,024 shares during the last quarter. International Assets Investment Management LLC boosted its position in Bain Capital Specialty Finance by 1,551.4% in the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after buying an additional 494,812 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Bain Capital Specialty Finance by 136.2% in the 3rd quarter. Jane Street Group LLC now owns 24,092 shares of the company’s stock valued at $400,000 after buying an additional 13,892 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.