Mirae Asset Global Investments Co. Ltd. Takes Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 8,476 shares of the company’s stock, valued at approximately $151,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BCSF. JPMorgan Chase & Co. raised its position in shares of Bain Capital Specialty Finance by 47.0% during the third quarter. JPMorgan Chase & Co. now owns 224,528 shares of the company’s stock worth $3,727,000 after acquiring an additional 71,806 shares during the last quarter. Franklin Resources Inc. raised its holdings in Bain Capital Specialty Finance by 14.6% during the 3rd quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock worth $4,779,000 after purchasing an additional 36,585 shares during the last quarter. First National Trust Co lifted its position in shares of Bain Capital Specialty Finance by 189.6% in the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock worth $1,522,000 after purchasing an additional 60,024 shares during the period. International Assets Investment Management LLC lifted its position in shares of Bain Capital Specialty Finance by 1,551.4% in the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock worth $87,430,000 after purchasing an additional 494,812 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of Bain Capital Specialty Finance by 136.2% in the 3rd quarter. Jane Street Group LLC now owns 24,092 shares of the company’s stock valued at $400,000 after purchasing an additional 13,892 shares during the last quarter.

Analyst Ratings Changes

Separately, Wells Fargo & Company lifted their target price on shares of Bain Capital Specialty Finance from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 29th.

Bain Capital Specialty Finance Stock Up 0.9 %

Shares of Bain Capital Specialty Finance stock opened at $18.21 on Friday. The stock’s 50-day moving average is $17.54 and its 200 day moving average is $16.99. Bain Capital Specialty Finance, Inc. has a one year low of $14.97 and a one year high of $18.35. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 9.15 and a beta of 1.10. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41.

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.