JPMorgan Chase & Co. Increases Stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

JPMorgan Chase & Co. raised its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSFFree Report) by 47.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 224,528 shares of the company’s stock after purchasing an additional 71,806 shares during the period. JPMorgan Chase & Co. owned 0.35% of Bain Capital Specialty Finance worth $3,727,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Quarry LP boosted its position in Bain Capital Specialty Finance by 74.2% during the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after acquiring an additional 1,268 shares in the last quarter. Quantbot Technologies LP bought a new stake in Bain Capital Specialty Finance during the third quarter valued at about $136,000. Farther Finance Advisors LLC purchased a new position in Bain Capital Specialty Finance in the third quarter valued at about $182,000. Centiva Capital LP bought a new position in Bain Capital Specialty Finance in the third quarter worth about $199,000. Finally, KKM Financial LLC bought a new stake in shares of Bain Capital Specialty Finance in the 3rd quarter valued at about $232,000.

Bain Capital Specialty Finance Stock Down 0.3 %

Shares of Bain Capital Specialty Finance stock opened at $17.37 on Friday. Bain Capital Specialty Finance, Inc. has a 52-week low of $14.77 and a 52-week high of $17.97. The firm’s 50 day moving average price is $17.14 and its 200-day moving average price is $16.81. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The company has a market cap of $1.12 billion, a P/E ratio of 8.73 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSFGet Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. The business had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same period in the previous year, the company posted $0.55 earnings per share. On average, sell-side analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

About Bain Capital Specialty Finance

(Free Report)

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.

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Institutional Ownership by Quarter for Bain Capital Specialty Finance (NYSE:BCSF)

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