April 20, 2024


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Bain Capital Specialty Finance (NYSE:BCSF) Upgraded by Zacks Investment Research to “Hold”

Bain Money Specialty Finance (NYSE:BCSFGet Rating) was upgraded by Zacks Expenditure Study from a “sell” score to a “hold” score in a be aware issued to buyers on Tuesday, Zacks.com studies.

According to Zacks, “Bain Money Specialty Finance Inc. is a enterprise improvement organization. It focuses on expense in middle-market firms. Bain Capital Specialty Finance Inc. is based mostly in Boston, United States. “

NYSE BCSF traded up $.18 through buying and selling hours on Tuesday, hitting $15.89. The company’s stock experienced a investing volume of 290,810 shares, in comparison to its ordinary quantity of 187,582. Bain Money Specialty Finance has a 12 month very low of $14.60 and a 12 thirty day period higher of $16.45. The company’s 50 day very simple shifting typical is $15.84 and its two-hundred working day straightforward transferring typical is $15.55. The enterprise has a sector cap of $1.03 billion, a P/E ratio of 8.54, a price tag-to-earnings-expansion ratio of 1.05 and a beta of 1.41. The corporation has a debt-to-equity ratio of 1.29, a present ratio of 5.02 and a swift ratio of 5.02.

Bain Capital Specialty Finance (NYSE:BCSFGet Ranking) final launched its quarterly earnings information on Wednesday, February 23rd. The corporation reported $.34 EPS for the quarter. Bain Funds Specialty Finance experienced a return on equity of 8.02% and a internet margin of 60.69%. The company had income of $51.53 million through the quarter. During the identical quarter in the former calendar year, the organization posted $.34 earnings per share. As a group, investigation analysts predict that Bain Funds Specialty Finance will post 1.37 earnings for each share for the existing fiscal year.

In similar news, Director Clare Stack Richer acquired 3,090 shares of the inventory in a transaction dated Thursday, March 3rd. The shares were acquired at an normal value of $16.18 for every share, with a complete price of $49,996.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed by way of this backlink. Also, Director Thomas A. Hough obtained 6,272 shares of the inventory in a transaction dated Friday, March 25th. The shares were being acquired at an typical price tag of $15.94 per share, for a full transaction of $99,975.68. The disclosure for this buy can be uncovered here. In excess of the very last 90 times, insiders have obtained 10,662 shares of company inventory valued at $170,590. Company insiders possess .50% of the company’s stock.

Hedge money and other institutional buyers have not long ago bought and bought shares of the inventory. Lincoln National Corp purchased a new posture in Bain Money Specialty Finance in the 3rd quarter value about $479,000. Callodine Capital Administration LP raised its holdings in shares of Bain Money Specialty Finance by 81.7% throughout the 3rd quarter. Callodine Funds Management LP now owns 199,846 shares of the company’s inventory worth $2,966,000 after acquiring an additional 89,846 shares in the very last quarter. Meridian Investment decision Counsel Inc. lifted its holdings in shares of Bain Capital Specialty Finance by 9.3% through the 3rd quarter. Meridian Financial investment Counsel Inc. now owns 41,276 shares of the company’s inventory worth $613,000 immediately after getting an more 3,500 shares in the final quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Bain Funds Specialty Finance by 49.1% throughout the 3rd quarter. Hennion & Walsh Asset Administration Inc. now owns 167,488 shares of the company’s inventory worthy of $2,486,000 after attaining an more 55,170 shares in the very last quarter. Eventually, Gries Financial LLC obtained a new stake in shares of Bain Funds Specialty Finance for the duration of the 3rd quarter worth roughly $3,349,000. 50.13% of the inventory is now owned by institutional investors.

About Bain Funds Specialty Finance (Get Rating)

Bain Funds Specialty Finance, Inc operates as a small business improvement business (BDC) specializing in immediate loans to middle-marketplace companies. The fund seeks to make investments in senior investments with a initial or second lien on collateral, senior very first lien, extend senior, senior next lien, unitranche, mezzanine credit card debt, junior securities, other junior investments, and secondary buys of assets or portfolios that largely consist of middle-market corporate debt.

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