Bain Capital Specialty Finance, Inc. $BCSF Shares Bought by Muzinich & Co. Inc.

Key Points

• Muzinich & Co. Inc. raised its stake in Bain Capital Specialty Finance by 21.1% in Q4 to 784,147 shares (an additional 136,613 shares), making BCSF its 10th largest holding and representing about 3.4% of Muzinich’s portfolio, valued at roughly $10.9 million (1.21% ownership).
• Bain Capital Specialty Finance sharply increased its quarterly dividend to $0.42 (annualized $1.68), producing a 13.5% yield
• Analysts have trimmed targets (Wells Fargo to $13, KBW to $15) leaving an average rating of Hold and an average target of $14; BCSF trades around $12.49 with a 12‑month range of $11.82–$16.00, a PE of 8.16 and market cap near $810 million.

Muzinich & Co. Inc. raised its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) by 21.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 784,147 shares of the company's stock after acquiring an additional 136,613 shares during the quarter. Bain Capital Specialty Finance accounts for about 3.4% of Muzinich & Co. Inc.'s investment portfolio, making the stock its 10th largest holding. Muzinich & Co. Inc. owned approximately 1.21% of Bain Capital Specialty Finance worth $10,907,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cresset Asset Management LLC grew its position in Bain Capital Specialty Finance by 20.9% in the third quarter. Cresset Asset Management LLC now owns 1,452,327 shares of the company's stock valued at $20,696,000 after acquiring an additional 250,844 shares in the last quarter. Curated Wealth Partners LLC acquired a new stake in Bain Capital Specialty Finance in the fourth quarter valued at approximately $1,391,000. North Ground Capital acquired a new stake in Bain Capital Specialty Finance in the third quarter valued at approximately $2,494,000. Alpine Global Management LLC acquired a new stake in Bain Capital Specialty Finance in the third quarter valued at approximately $1,320,000. Finally, Van ECK Associates Corp grew its position in 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 acquiring an additional 181,591 shares in the last quarter.

Wall Street Analyst Weigh In

BCSF has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on shares of Bain Capital Specialty Finance from $14.00 to $13.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 3rd. Keefe, Bruyette & Woods reduced 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 investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $14.00.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF opened at $12.49 on Wednesday. The business's fifty day moving average price is $12.82 and its 200 day moving average price is $13.58. Bain Capital Specialty Finance, Inc. has a 12-month low of $11.82 and a 12-month high of $16.00. The stock has a market capitalization of $809.89 million, a PE ratio of 8.16 and a beta of 0.57. 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 (NYSE:BCSF - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. Bain Capital Specialty Finance had a return on equity of 10.74% and a net margin of 36.14%.The firm had revenue of $66.33 million for the quarter, compared to analysts' expectations of $68.48 million. Equities research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current year.

Bain Capital Specialty Finance Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 16th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 13.5%. This is a boost from Bain Capital Specialty Finance's previous quarterly dividend of $0.03. The ex-dividend date was Monday, March 16th. Bain Capital Specialty Finance's dividend payout ratio (DPR) is 109.80%.

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.

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