Graypoint LLC Raises Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Graypoint LLC raised its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,271 shares of the company’s stock after purchasing an additional 2,159 shares during the quarter. Graypoint LLC owned 0.16% of Bain Capital Specialty Finance worth $1,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BCSF. International Assets Investment Management LLC increased its position in shares of Bain Capital Specialty Finance by 1,551.4% during the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after acquiring an additional 494,812 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its position in shares of Bain Capital Specialty Finance by 10.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock valued at $7,733,000 after acquiring an additional 43,794 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Bain Capital Specialty Finance by 14.6% during the third quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock valued at $4,779,000 after acquiring an additional 36,585 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Bain Capital Specialty Finance by 5.5% during the third quarter. Rockefeller Capital Management L.P. now owns 270,826 shares of the company’s stock valued at $4,496,000 after acquiring an additional 14,223 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Bain Capital Specialty Finance by 47.0% during the third quarter. JPMorgan Chase & Co. now owns 224,528 shares of the company’s stock valued at $3,727,000 after acquiring an additional 71,806 shares during the last quarter.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF opened at $16.91 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 8.50 and a beta of 1.10. The stock has a 50 day moving average of $17.08 and a 200 day moving average of $16.78. Bain Capital Specialty Finance, Inc. has a 12 month low of $14.77 and a 12 month high of $17.97.

Bain Capital Specialty Finance (NYSE:BCSF) last released its earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The business had revenue of $72.54 million during the quarter. During the same period in the prior year, the business earned $0.55 earnings per share. As a group, sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current year.

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.