Mount Yale Investment Advisors LLC Sells 1,436 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Mount Yale Investment Advisors LLC decreased its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,415 shares of the company’s stock after selling 1,436 shares during the quarter. Mount Yale Investment Advisors LLC owned about 0.13% of Bain Capital Specialty Finance worth $1,393,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Van ECK Associates Corp lifted its stake in Bain Capital Specialty Finance by 18.4% in the second quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after buying an additional 162,956 shares during the period. Confluence Investment Management LLC bought a new position in Bain Capital Specialty Finance during the 1st quarter worth approximately $1,840,000. Norden Group LLC grew its holdings in Bain Capital Specialty Finance by 736.2% during the first quarter. Norden Group LLC now owns 101,920 shares of the company’s stock valued at $1,598,000 after purchasing an additional 89,731 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Bain Capital Specialty Finance by 33.8% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 317,318 shares of the company’s stock valued at $5,175,000 after purchasing an additional 80,192 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in Bain Capital Specialty Finance in the first quarter worth $847,000.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Wells Fargo & Company dropped their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $17.00 price objective on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

Bain Capital Specialty Finance Stock Performance

Shares of BCSF opened at $16.99 on Monday. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 8.50 and a beta of 1.13. Bain Capital Specialty Finance, Inc. has a 12 month low of $14.60 and a 12 month high of $17.25. The firm has a fifty day simple moving average of $16.55 and a 200 day simple moving average of $16.34. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.03.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $72.27 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. During the same quarter in the prior year, the company earned $0.60 earnings per share. Research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.03 EPS 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.