Bain Capital Specialty Finance, Inc. $BCSF Shares Newly Acquired by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners LLC acquired 100,000 shares of Bain Capital Specialty Finance in the third quarter, worth approximately $1.1 million and representing about 0.15% of the company.
• Analysts maintain a generally cautious outlook, with four Hold ratings, a consensus price target of $12.60, and BCSF shares recently trading at $10.71.
• Bain Capital Specialty Finance reported quarterly EPS of $0.44, beating estimates, and paid a $0.42 quarterly dividend—an annualized $1.68 payout and a reported yield of 15.7%.

Curated Wealth Partners LLC purchased a new position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the company's stock, valued at approximately $1,104,000. Curated Wealth Partners LLC owned approximately 0.15% of Bain Capital Specialty Finance as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Corient Private Wealth LP bought a new position in shares of Bain Capital Specialty Finance during the 2nd quarter valued at approximately $126,000. First Heartland Consultants Inc. purchased a new stake in Bain Capital Specialty Finance in the 2nd quarter worth approximately $127,000. Prairiewood Capital LLC bought a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $126,000. Sanctuary Advisors LLC bought a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $126,000. Finally, Nicholas Hoffman & Company LLC. purchased a new position in Bain Capital Specialty Finance during the first quarter valued at approximately $149,000.

Analyst Ratings Changes

A number of research firms have weighed in on BCSF. Loop Capital set a $12.50 price target on shares of Bain Capital Specialty Finance in a research report on Friday, September 18th. Wells Fargo & Company reduced their price objective on shares of Bain Capital Specialty Finance from $13.00 to $12.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 12th. Noble Financial began coverage on shares of Bain Capital Specialty Finance in a research report on Friday, September 18th. They set a "neutral" rating on the stock. Zacks Research upgraded shares of Bain Capital Specialty Finance from a "strong sell" rating to a "hold" rating in a research note on Tuesday. Finally, Capital One Financial set a $12.50 target price on shares of Bain Capital Specialty Finance in a report on Friday, September 18th. Four analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $12.60.

Bain Capital Specialty Finance Price Performance

Shares of NYSE:BCSF traded up $0.26 during midday trading on Thursday, reaching $10.71. 108,744 shares of the company were exchanged, compared to its average volume of 451,281. The stock has a market cap of $695.07 million, a PE ratio of 10.82 and a beta of 0.60. The business's fifty day moving average is $11.60 and its two-hundred day moving average is $12.43. Bain Capital Specialty Finance, Inc. has a one year low of $10.43 and a one year high of $14.70. The company has a current ratio of 7.20, a quick ratio of 7.20 and a debt-to-equity ratio of 1.39.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. Bain Capital Specialty Finance had a net margin of 24.22% and a return on equity of 10.40%. The company had revenue of $47.80 million for the quarter, compared to the consensus estimate of $64.44 million. As a group, analysts predict that Bain Capital Specialty Finance, Inc. will post 1.64 earnings per share for the current year.

Bain Capital Specialty Finance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 15.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Bain Capital Specialty Finance's payout ratio is 169.70%.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc NYSE: BCSF is a business development company that invests primarily in privately originated senior secured debt of middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation through investments in businesses across a range of industries.

BCSF's portfolio generally includes first-lien and second-lien loans, unitranche debt and other credit investments. It may also make equity investments, including warrants and preferred or common equity, in connection with its lending activities.

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