Mount Yale Investment Advisors LLC Lowers Stock Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Mount Yale Investment Advisors LLC cut its stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 83,053 shares of the company’s stock after selling 2,362 shares during the quarter. Mount Yale Investment Advisors LLC owned 0.13% of Bain Capital Specialty Finance worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Quarry LP raised its holdings in shares of Bain Capital Specialty Finance by 74.2% during the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after buying an additional 1,268 shares in the last quarter. Register Financial Advisors LLC bought a new position in Bain Capital Specialty Finance during the second quarter valued at approximately $130,000. BOKF NA purchased a new position in shares of Bain Capital Specialty Finance during the second quarter worth approximately $159,000. Lazard Asset Management LLC lifted its holdings in shares of Bain Capital Specialty Finance by 58.5% in the 1st quarter. Lazard Asset Management LLC now owns 12,410 shares of the company’s stock worth $194,000 after acquiring an additional 4,581 shares during the last quarter. Finally, Seelaus Asset Management LLC boosted its stake in shares of Bain Capital Specialty Finance by 24.3% in the 1st quarter. Seelaus Asset Management LLC now owns 13,050 shares of the company’s stock valued at $205,000 after purchasing an additional 2,550 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BCSF shares. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $17.00 price target on shares of Bain Capital Specialty Finance in a research note on Wednesday, August 21st. Wells Fargo & Company dropped their target price on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Thursday, August 8th.

Bain Capital Specialty Finance Stock Down 0.7 %

Shares of NYSE BCSF opened at $16.74 on Friday. The firm’s fifty day moving average is $16.80 and its 200 day moving average is $16.51. Bain Capital Specialty Finance, Inc. has a 52 week low of $14.64 and a 52 week high of $17.25. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.03. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 8.37 and a beta of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $72.27 million for the quarter. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. During the same quarter in the previous year, the firm posted $0.60 EPS. On average, equities research analysts expect that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share for the current year.

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.