Bain Capital Specialty Finance (NYSE:BCSF – Get Ranking) was upgraded by Zacks Financial commitment Research from a “sell” rating to a “hold” rating in a observe issued to traders on Tuesday, Zacks.com experiences.
According to Zacks, “Bain Money Specialty Finance Inc. is a small business progress corporation. It focuses on expense in middle-market place firms. Bain Capital Specialty Finance Inc. is based mostly in Boston, United States. “
NYSE BCSF traded up $.18 all through investing hours on Tuesday, hitting $15.89. The company’s inventory experienced a investing volume of 290,810 shares, as opposed to its common quantity of 187,582. Bain Funds Specialty Finance has a 12 month reduced of $14.60 and a 12 thirty day period superior of $16.45. The company’s 50 working day straightforward moving normal is $15.84 and its two-hundred day basic transferring regular is $15.55. The company has a marketplace cap of $1.03 billion, a P/E ratio of 8.54, a selling price-to-earnings-progress ratio of 1.05 and a beta of 1.41. The firm has a debt-to-equity ratio of 1.29, a recent ratio of 5.02 and a swift ratio of 5.02.
Bain Money Specialty Finance (NYSE:BCSF – Get Rating) past produced its quarterly earnings knowledge on Wednesday, February 23rd. The organization reported $.34 EPS for the quarter. Bain Capital Specialty Finance had a return on equity of 8.02% and a web margin of 60.69%. The enterprise had earnings of $51.53 million throughout the quarter. All through the same quarter in the earlier calendar year, the organization posted $.34 earnings for each share. As a team, investigate analysts forecast that Bain Funds Specialty Finance will article 1.37 earnings for every share for the current fiscal 12 months.
In associated information, Director Clare Stack Richer acquired 3,090 shares of the inventory in a transaction dated Thursday, March 3rd. The shares have been procured at an average value of $16.18 per share, with a complete price of $49,996.20. The acquisition was disclosed in a lawful filing with the SEC, which can be accessed as a result of this link. Also, Director Thomas A. Hough acquired 6,272 shares of the inventory in a transaction dated Friday, March 25th. The shares were purchased at an typical value of $15.94 per share, for a complete transaction of $99,975.68. The disclosure for this purchase can be discovered right here. Around the very last 90 days, insiders have obtained 10,662 shares of corporation inventory valued at $170,590. Company insiders individual .50% of the company’s stock.
Hedge money and other institutional investors have a short while ago bought and marketed shares of the stock. Lincoln National Corp acquired a new situation in Bain Capital Specialty Finance in the 3rd quarter value somewhere around $479,000. Callodine Cash Administration LP elevated its holdings in shares of Bain Funds Specialty Finance by 81.7% all through the 3rd quarter. Callodine Cash Administration LP now owns 199,846 shares of the company’s inventory well worth $2,966,000 right after getting an extra 89,846 shares in the previous quarter. Meridian Financial commitment Counsel Inc. elevated its holdings in shares of Bain Funds Specialty Finance by 9.3% all through the 3rd quarter. Meridian Financial investment Counsel Inc. now owns 41,276 shares of the company’s stock worthy of $613,000 following buying an further 3,500 shares in the past quarter. Hennion & Walsh Asset Administration Inc. elevated its holdings in shares of Bain Cash Specialty Finance by 49.1% all through the 3rd quarter. Hennion & Walsh Asset Administration Inc. now owns 167,488 shares of the company’s inventory really worth $2,486,000 after attaining an additional 55,170 shares in the previous quarter. Ultimately, Gries Financial LLC obtained a new stake in shares of Bain Cash Specialty Finance for the duration of the 3rd quarter worth around $3,349,000. 50.13% of the stock is at this time owned by institutional investors.
About Bain Cash Specialty Finance (Get Score)
Bain Funds Specialty Finance, Inc operates as a business improvement corporation (BDC) specializing in direct loans to center-marketplace corporations. The fund seeks to make investments in senior investments with a to start with or next lien on collateral, senior very first lien, extend senior, senior 2nd lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary buys of property or portfolios that primarily consist of middle-marketplace corporate debt.
Additional Reading through
For a lot more data about study offerings from Zacks Financial investment Investigate, visit Zacks.com
Want More Good Investing Concepts?
Obtain News & Ratings for Bain Capital Specialty Finance Each day – Enter your e mail handle under to receive a concise day-to-day summary of the newest information and analysts’ rankings for Bain Funds Specialty Finance and similar organizations with MarketBeat.com’s Free each day e mail newsletter.