Marshall Wace LLP Sells 9,801 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Marshall Wace LLP cut its holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 27.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,276 shares of the company’s stock after selling 9,801 shares during the quarter. Marshall Wace LLP’s holdings in Bain Capital Specialty Finance were worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Twin Focus Capital Partners LLC purchased a new position in shares of Bain Capital Specialty Finance during the fourth quarter valued at approximately $151,000. PNC Financial Services Group Inc. increased its position in Bain Capital Specialty Finance by 1,410.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,106 shares of the company’s stock valued at $228,000 after purchasing an additional 14,106 shares during the period. Quadrature Capital Ltd raised its holdings in Bain Capital Specialty Finance by 106.6% in the 4th quarter. Quadrature Capital Ltd now owns 83,362 shares of the company’s stock worth $1,255,000 after purchasing an additional 43,005 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of Bain Capital Specialty Finance in the 1st quarter worth about $1,840,000. Finally, Strategic Advocates LLC bought a new stake in shares of Bain Capital Specialty Finance during the 1st quarter valued at about $309,000.

Wall Street Analysts Forecast Growth

BCSF has been the subject of several research analyst reports. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $17.00 price objective on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st. Wells Fargo & Company lowered their target price on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th.

Bain Capital Specialty Finance Price Performance

NYSE:BCSF opened at $16.57 on Friday. Bain Capital Specialty Finance, Inc. has a 1-year low of $14.60 and a 1-year high of $17.25. The company has a market capitalization of $1.07 billion, a PE ratio of 8.29 and a beta of 1.13. The firm’s 50-day moving average price is $16.59 and its 200-day moving average price is $16.43. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.80 and a quick ratio of 1.80.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its earnings results on Tuesday, August 6th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. The business had revenue of $72.27 million during the quarter. During the same period in the prior year, the business posted $0.60 EPS. On average, equities analysts predict that Bain Capital Specialty Finance, Inc. will post 2.03 EPS for the current fiscal year.

Bain Capital Specialty Finance 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.