International Assets Investment Management LLC Increases Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

International Assets Investment Management LLC lifted its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 23.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,009 shares of the company’s stock after purchasing an additional 7,362 shares during the period. International Assets Investment Management LLC owned 0.06% of Bain Capital Specialty Finance worth $606,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. FinTrust Capital Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the fourth quarter valued at approximately $30,000. Signaturefd LLC purchased a new stake in Bain Capital Specialty Finance during the fourth quarter worth $93,000. Cape Investment Advisory Inc. purchased a new stake in Bain Capital Specialty Finance during the fourth quarter worth $134,000. Twin Focus Capital Partners LLC purchased a new stake in Bain Capital Specialty Finance during the fourth quarter worth $151,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in Bain Capital Specialty Finance during the fourth quarter worth $203,000.

Bain Capital Specialty Finance Price Performance

NYSE BCSF opened at $16.36 on Monday. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.18 and a quick ratio of 2.18. The stock’s fifty day moving average price is $16.39 and its 200 day moving average price is $15.79. Bain Capital Specialty Finance, Inc. has a 1 year low of $13.24 and a 1 year high of $16.94. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 8.18 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Monday, May 6th. The company reported $0.53 EPS for the quarter, meeting 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 company had revenue of $74.50 million for the quarter. As a group, equities research analysts forecast that Bain Capital Specialty Finance, Inc. will post 1.99 earnings per share for the current year.

Bain Capital Specialty Finance Dividend Announcement

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

Wall Street Analysts Forecast Growth

BCSF has been the subject of a number of analyst reports. Wells Fargo & Company upgraded Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $16.00 to $17.00 in a report on Wednesday, May 29th. Keefe, Bruyette & Woods upped their target price on Bain Capital Specialty Finance from $16.50 to $17.00 and gave the company a “market perform” rating in a research report on Thursday, May 23rd.

About Bain Capital Specialty Finance

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.