Hennion & Walsh Asset Management Inc. Grows Stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Hennion & Walsh Asset Management Inc. grew its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 381,176 shares of the company’s stock after buying an additional 21,151 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Bain Capital Specialty Finance were worth $5,977,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Eagle Global Advisors LLC grew its holdings in shares of Bain Capital Specialty Finance by 6.4% during the 4th quarter. Eagle Global Advisors LLC now owns 19,910 shares of the company’s stock worth $300,000 after acquiring an additional 1,200 shares during the period. Dfpg Investments LLC boosted its holdings in shares of Bain Capital Specialty Finance by 13.3% during the 4th quarter. Dfpg Investments LLC now owns 14,030 shares of the company’s stock valued at $211,000 after buying an additional 1,650 shares in the last quarter. Foster Victor Wealth Advisors LLC grew its position in shares of Bain Capital Specialty Finance by 11.8% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 19,000 shares of the company’s stock worth $295,000 after buying an additional 2,000 shares during the period. FinTrust Capital Advisors LLC bought a new position in shares of Bain Capital Specialty Finance in the 4th quarter worth about $30,000. Finally, Graypoint LLC lifted its position in Bain Capital Specialty Finance by 2.4% during the 4th quarter. Graypoint LLC now owns 98,369 shares of the company’s stock valued at $1,482,000 after acquiring an additional 2,317 shares during the period.

Bain Capital Specialty Finance Stock Performance

Bain Capital Specialty Finance stock traded up $0.06 during trading on Friday, reaching $16.31. The company had a trading volume of 268,607 shares, compared to its average volume of 212,381. The firm’s 50-day simple moving average is $16.48 and its 200 day simple moving average is $15.83. Bain Capital Specialty Finance, Inc. has a 52 week low of $13.26 and a 52 week high of $16.94. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 8.16 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last released its earnings results on Monday, May 6th. The company reported $0.53 earnings per share (EPS) for the quarter, hitting 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 during the quarter. Sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 1.99 earnings per share for the current fiscal year.

Bain Capital Specialty Finance Announces Dividend

The firm also recently announced a — dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a dividend of $0.03 per share. This represents a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, December 31st. Bain Capital Specialty Finance’s dividend payout ratio (DPR) is presently 84.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on BCSF shares. Wells Fargo & Company raised Bain Capital Specialty Finance from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $16.00 to $17.00 in a research note on Wednesday, May 29th. Keefe, Bruyette & Woods raised their price objective on shares of Bain Capital Specialty Finance from $16.50 to $17.00 and gave the company a “market perform” rating in a research note on Thursday, May 23rd.

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.