CFO4Life Group LLC Acquires 787 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

CFO4Life Group LLC boosted its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,248 shares of the company’s stock after purchasing an additional 787 shares during the period. CFO4Life Group LLC’s holdings in Bain Capital Specialty Finance were worth $459,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in BCSF. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of Bain Capital Specialty Finance by 41.5% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 165,005 shares of the company’s stock valued at $2,587,000 after acquiring an additional 48,404 shares during the last quarter. Graypoint LLC raised its stake in shares of Bain Capital Specialty Finance by 2.3% during the first quarter. Graypoint LLC now owns 100,639 shares of the company’s stock valued at $1,578,000 after acquiring an additional 2,270 shares during the last quarter. Seelaus Asset Management LLC raised its stake in shares of Bain Capital Specialty Finance by 24.3% during the first quarter. Seelaus Asset Management LLC now owns 13,050 shares of the company’s stock valued at $205,000 after acquiring an additional 2,550 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Bain Capital Specialty Finance by 28.7% during the first quarter. Janney Montgomery Scott LLC now owns 68,202 shares of the company’s stock valued at $1,069,000 after acquiring an additional 15,196 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in shares of Bain Capital Specialty Finance during the first quarter valued at about $259,000.

Wall Street Analyst Weigh In

BCSF has been the subject of several recent analyst reports. Wells Fargo & Company raised shares of Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $16.00 to $17.00 in a research note on Wednesday, May 29th. Keefe, Bruyette & Woods boosted 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 Up 0.4 %

Shares of NYSE BCSF traded up $0.06 during midday trading on Friday, hitting $16.64. 156,653 shares of the company traded hands, compared to its average volume of 266,222. Bain Capital Specialty Finance, Inc. has a 12-month low of $13.80 and a 12-month high of $16.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 2.18 and a current ratio of 2.18. The stock has a 50-day moving average price of $16.50 and a 200 day moving average price of $15.89. The firm has a market cap of $1.07 billion, a P/E ratio of 8.29 and a beta of 1.12.

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

Bain Capital Specialty Finance Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.03 dividend. This represents a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, December 31st. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 84.00%.

Bain Capital Specialty Finance 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.