UBS Group AG Raises Stock Holdings in Bain Capital Specialty Finance, Inc. $BCSF

UBS Group AG lifted its stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,607,210 shares of the company’s stock after acquiring an additional 114,883 shares during the period. UBS Group AG owned 2.48% of Bain Capital Specialty Finance worth $22,356,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cresset Asset Management LLC lifted its holdings in Bain Capital Specialty Finance by 20.9% in the 3rd quarter. Cresset Asset Management LLC now owns 1,452,327 shares of the company’s stock valued at $20,696,000 after purchasing an additional 250,844 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Bain Capital Specialty Finance by 16.1% in the third quarter. Van ECK Associates Corp now owns 1,306,231 shares of the company’s stock valued at $18,614,000 after buying an additional 181,591 shares during the last quarter. Melia Wealth LLC lifted its stake in shares of Bain Capital Specialty Finance by 13.4% during the third quarter. Melia Wealth LLC now owns 1,123,229 shares of the company’s stock valued at $16,006,000 after buying an additional 132,497 shares during the period. Muzinich & Co. Inc. boosted its position in Bain Capital Specialty Finance by 21.1% during the fourth quarter. Muzinich & Co. Inc. now owns 784,147 shares of the company’s stock worth $10,907,000 after acquiring an additional 136,613 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Bain Capital Specialty Finance by 10.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 601,097 shares of the company’s stock worth $8,361,000 after acquiring an additional 55,907 shares during the last quarter.

Bain Capital Specialty Finance Stock Performance

NYSE BCSF opened at $13.31 on Tuesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.82 and a quick ratio of 1.82. Bain Capital Specialty Finance, Inc. has a 1-year low of $11.82 and a 1-year high of $16.00. The firm has a market capitalization of $863.48 million, a P/E ratio of 8.70 and a beta of 0.59. The business’s 50-day simple moving average is $12.83 and its 200-day simple moving average is $13.47.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its earnings results on Monday, May 11th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Bain Capital Specialty Finance had a return on equity of 10.74% and a net margin of 36.14%.The business had revenue of $42.20 million for the quarter, compared to analyst estimates of $65.58 million. Equities analysts predict that Bain Capital Specialty Finance, Inc. will post 1.63 EPS for the current year.

Bain Capital Specialty Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be given a $0.42 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.68 annualized dividend and a dividend yield of 12.6%. Bain Capital Specialty Finance’s dividend payout ratio is presently 109.80%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BCSF shares. Wells Fargo & Company reduced their price target on Bain Capital Specialty Finance from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. Keefe, Bruyette & Woods dropped their target price on Bain Capital Specialty Finance from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.00.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.