Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Stock Position Boosted by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 0.5% in the fourth quarter, HoldingsChannel reports. The fund owned 468,313 shares of the company’s stock after purchasing an additional 2,445 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Bain Capital Specialty Finance were worth $8,205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Confluence Investment Management LLC raised its holdings in shares of Bain Capital Specialty Finance by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock worth $1,984,000 after purchasing an additional 1,028 shares in the last quarter. Cooper Financial Group raised its holdings in shares of Bain Capital Specialty Finance by 7.5% during the fourth quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock valued at $264,000 after acquiring an additional 1,053 shares during the period. Quarry LP lifted its position in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after acquiring an additional 1,268 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its position in Bain Capital Specialty Finance by 2.4% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company’s stock worth $1,220,000 after purchasing an additional 1,716 shares in the last quarter. Finally, Diversify Advisory Services LLC raised its stake in Bain Capital Specialty Finance by 10.0% during the 3rd quarter. Diversify Advisory Services LLC now owns 21,729 shares of the company’s stock valued at $366,000 after purchasing an additional 1,978 shares during the period.

Bain Capital Specialty Finance Stock Performance

Shares of Bain Capital Specialty Finance stock opened at $17.30 on Thursday. Bain Capital Specialty Finance, Inc. has a 12 month low of $14.77 and a 12 month high of $17.97. The stock has a market cap of $1.12 billion, a PE ratio of 8.69 and a beta of 1.10. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The business has a fifty day simple moving average of $17.13 and a 200-day simple moving average of $16.80.

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