Cooper Financial Group Takes $182,000 Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Cooper Financial Group acquired a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,596 shares of the company’s stock, valued at approximately $182,000.

Several other hedge funds have also bought and sold shares of BCSF. HighTower Advisors LLC lifted its stake in Bain Capital Specialty Finance by 1.3% in the 3rd quarter. HighTower Advisors LLC now owns 73,164 shares of the company’s stock valued at $1,119,000 after purchasing an additional 917 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Bain Capital Specialty Finance by 104.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 56,752 shares of the company’s stock valued at $869,000 after purchasing an additional 28,931 shares during the last quarter. Quadrature Capital Ltd lifted its stake in Bain Capital Specialty Finance by 205.1% in the 3rd quarter. Quadrature Capital Ltd now owns 40,357 shares of the company’s stock valued at $618,000 after purchasing an additional 27,130 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in Bain Capital Specialty Finance by 43.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 52,649 shares of the company’s stock valued at $806,000 after purchasing an additional 15,954 shares during the last quarter. Finally, First Affirmative Financial Network lifted its stake in Bain Capital Specialty Finance by 18.5% in the 4th quarter. First Affirmative Financial Network now owns 14,900 shares of the company’s stock valued at $225,000 after purchasing an additional 2,326 shares during the last quarter.

Bain Capital Specialty Finance Trading Down 0.2 %

Shares of BCSF stock opened at $16.36 on Monday. The firm has a 50 day moving average price of $16.39 and a two-hundred day moving average price of $15.79. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $1.06 billion, a PE ratio of 8.18 and a beta of 1.10. Bain Capital Specialty Finance, Inc. has a 12-month low of $13.24 and a 12-month high of $16.94.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings data on Monday, May 6th. The company reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. Bain Capital Specialty Finance had a net margin of 43.42% and a return on equity of 12.64%. The firm had revenue of $74.50 million during the quarter. As a group, analysts predict that Bain Capital Specialty Finance, Inc. will post 1.99 earnings per share for the current year.

Bain Capital Specialty Finance Announces Dividend

The firm also recently declared a — dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 10.1%. Bain Capital Specialty Finance’s payout ratio is 84.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of Bain Capital Specialty Finance from $16.50 to $17.00 and gave the company a “market perform” rating in a research note on Thursday, May 23rd. Wells Fargo & Company upgraded shares of Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $16.00 to $17.00 in a research report on Wednesday, May 29th.

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.