Cooper Financial Group Makes New Investment in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Cooper Financial Group bought a new position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 11,596 shares of the company’s stock, valued at approximately $182,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BCSF. FinTrust Capital Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the 4th quarter worth about $30,000. Signaturefd LLC purchased a new stake in shares of Bain Capital Specialty Finance in the 4th quarter worth about $93,000. Cape Investment Advisory Inc. purchased a new position in Bain Capital Specialty Finance during the 4th quarter valued at about $134,000. Twin Focus Capital Partners LLC purchased a new position in Bain Capital Specialty Finance during the 4th quarter valued at about $151,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in Bain Capital Specialty Finance during the 4th quarter valued at about $203,000.

Bain Capital Specialty Finance Stock Down 0.2 %

Shares of Bain Capital Specialty Finance stock opened at $16.36 on Monday. 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 market capitalization of $1.06 billion, a PE ratio of 8.18 and a beta of 1.10. Bain Capital Specialty Finance, Inc. has a 52-week low of $13.24 and a 52-week high of $16.94. The company has a 50-day simple moving average of $16.39 and a two-hundred day simple moving average of $15.79.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its earnings results on Monday, May 6th. The company reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. The business had revenue of $74.50 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.42% and a return on equity of 12.64%. On average, analysts anticipate that Bain Capital Specialty Finance, Inc. will post 1.99 EPS for the current fiscal year.

Bain Capital Specialty Finance Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BCSF. Keefe, Bruyette & Woods lifted 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. Wells Fargo & Company raised shares of Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $16.00 to $17.00 in a research report on Wednesday, May 29th.

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.