Dynamic Technology Lab Private Ltd Makes New $557,000 Investment in Bain Capital Specialty Finance, Inc. $BCSF

Key Points

• Dynamic Technology Lab Private Ltd acquired 33,549 shares of Bain Capital Specialty Finance, Inc., valued at approximately $557,000, representing a 0.05% stake in the company.
• Bain Capital Specialty Finance recently declared a quarterly dividend of $0.42 per share, with a yield of 10.9%, although its payout ratio stands at 101.20%.
• Analysts have upgraded Bain Capital Specialty Finance from a "hold" to a "strong-buy" rating, with a consensus price target of $16.50.

Dynamic Technology Lab Private Ltd purchased a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 33,549 shares of the company's stock, valued at approximately $557,000. Dynamic Technology Lab Private Ltd owned 0.05% of Bain Capital Specialty Finance as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quarry LP purchased a new stake in shares of Bain Capital Specialty Finance in the 1st quarter valued at approximately $100,000. Lazard Asset Management LLC increased its stake in Bain Capital Specialty Finance by 14.5% during the 4th quarter. Lazard Asset Management LLC now owns 9,361 shares of the company's stock worth $164,000 after buying an additional 1,189 shares during the period. MQS Management LLC purchased a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $176,000. Jump Financial LLC purchased a new stake in Bain Capital Specialty Finance during the 1st quarter worth approximately $200,000. Finally, Mutual Advisors LLC increased its stake in Bain Capital Specialty Finance by 5.1% during the 1st quarter. Mutual Advisors LLC now owns 15,762 shares of the company's stock worth $245,000 after buying an additional 768 shares during the period.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Bain Capital Specialty Finance from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $16.50.

Bain Capital Specialty Finance Stock Down 3.8%

Shares of Bain Capital Specialty Finance stock traded down $0.58 during trading hours on Tuesday, hitting $14.57. The company had a trading volume of 460,239 shares, compared to its average volume of 253,731. The company's 50-day moving average is $15.34 and its two-hundred day moving average is $15.51. Bain Capital Specialty Finance, Inc. has a twelve month low of $13.20 and a twelve month high of $19.21. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.63 and a quick ratio of 3.63. The company has a market cap of $945.16 million, a P/E ratio of 8.78 and a beta of 0.83.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.04. Bain Capital Specialty Finance had a net margin of 37.90% and a return on equity of 11.41%. The business had revenue of $70.97 million during the quarter, compared to analysts' expectations of $67.88 million. Analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current fiscal year.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.