Bain Capital Specialty Finance (NYSE:BCSF – Get Ranking) was upgraded by Zacks Investment Analysis from a “sell” rating to a “hold” score in a take note issued to investors on Tuesday, Zacks.com experiences.
According to Zacks, “Bain Funds Specialty Finance Inc. is a business advancement enterprise. It focuses on expense in middle-sector firms. Bain Money Specialty Finance Inc. is centered in Boston, United States. “
NYSE BCSF traded up $.18 during trading hrs on Tuesday, hitting $15.89. The company’s inventory experienced a trading volume of 290,810 shares, when compared to its normal quantity of 187,582. Bain Capital Specialty Finance has a 12 month lower of $14.60 and a 12 month significant of $16.45. The company’s 50 working day basic relocating ordinary is $15.84 and its two-hundred day simple shifting common is $15.55. The corporation has a marketplace cap of $1.03 billion, a P/E ratio of 8.54, a value-to-earnings-advancement ratio of 1.05 and a beta of 1.41. The business has a debt-to-equity ratio of 1.29, a existing ratio of 5.02 and a speedy ratio of 5.02.
Bain Capital Specialty Finance (NYSE:BCSF – Get Rating) past produced its quarterly earnings information on Wednesday, February 23rd. The firm described $.34 EPS for the quarter. Bain Cash Specialty Finance had a return on equity of 8.02% and a net margin of 60.69%. The business experienced profits of $51.53 million during the quarter. For the duration of the identical quarter in the former year, the business enterprise posted $.34 earnings for every share. As a team, investigation analysts predict that Bain Funds Specialty Finance will publish 1.37 earnings for each share for the existing fiscal calendar year.
In associated information, Director Clare Stack Richer acquired 3,090 shares of the stock in a transaction dated Thursday, March 3rd. The shares were ordered at an average expense of $16.18 for every share, with a total value of $49,996.20. The acquisition was disclosed in a lawful submitting with the SEC, which can be accessed by this website link. Also, Director Thomas A. Hough obtained 6,272 shares of the stock in a transaction dated Friday, March 25th. The shares ended up purchased at an regular price of $15.94 for each share, for a whole transaction of $99,975.68. The disclosure for this obtain can be observed below. About the past 90 times, insiders have acquired 10,662 shares of organization inventory valued at $170,590. Corporate insiders own .50% of the company’s stock.
Hedge funds and other institutional traders have recently purchased and marketed shares of the stock. Lincoln Nationwide Corp bought a new position in Bain Capital Specialty Finance in the 3rd quarter really worth roughly $479,000. Callodine Cash Management LP elevated its holdings in shares of Bain Capital Specialty Finance by 81.7% all through the 3rd quarter. Callodine Capital Administration LP now owns 199,846 shares of the company’s inventory worthy of $2,966,000 following attaining an further 89,846 shares in the past quarter. Meridian Investment decision Counsel Inc. lifted its holdings in shares of Bain Funds Specialty Finance by 9.3% through the 3rd quarter. Meridian Investment Counsel Inc. now owns 41,276 shares of the company’s inventory worthy of $613,000 immediately after acquiring an more 3,500 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Bain Capital Specialty Finance by 49.1% in the course of the 3rd quarter. Hennion & Walsh Asset Administration Inc. now owns 167,488 shares of the company’s stock truly worth $2,486,000 just after buying an additional 55,170 shares in the very last quarter. At last, Gries Monetary LLC purchased a new stake in shares of Bain Capital Specialty Finance for the duration of the 3rd quarter really worth close to $3,349,000. 50.13% of the stock is at present owned by institutional traders.
About Bain Cash Specialty Finance (Get Rating)
Bain Money Specialty Finance, Inc operates as a organization advancement organization (BDC) specializing in direct loans to middle-market firms. The fund seeks to make investments in senior investments with a initially or second lien on collateral, senior very first lien, stretch senior, senior 2nd lien, unitranche, mezzanine credit card debt, junior securities, other junior investments, and secondary buys of assets or portfolios that primarily consist of center-current market corporate personal debt.
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