Gries Financial LLC Acquires 12,810 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Gries Financial LLC raised its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,289 shares of the company’s stock after purchasing an additional 12,810 shares during the period. Bain Capital Specialty Finance accounts for approximately 0.6% of Gries Financial LLC’s investment portfolio, making the stock its 28th biggest holding. Gries Financial LLC owned about 0.31% of Bain Capital Specialty Finance worth $3,509,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Quarry LP increased its position in shares of Bain Capital Specialty Finance by 74.2% during the second quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Bain Capital Specialty Finance during the third quarter worth $136,000. Farther Finance Advisors LLC acquired a new position in shares of Bain Capital Specialty Finance during the third quarter worth $182,000. Centiva Capital LP acquired a new position in shares of Bain Capital Specialty Finance during the third quarter worth $199,000. Finally, KKM Financial LLC purchased a new stake in shares of Bain Capital Specialty Finance during the third quarter valued at $232,000.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upped their price target on shares of Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday.

Bain Capital Specialty Finance Stock Down 1.1 %

BCSF opened at $17.84 on Thursday. Bain Capital Specialty Finance, Inc. has a twelve month low of $14.77 and a twelve month high of $18.17. 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 50-day moving average price of $17.29 and a 200 day moving average price of $16.88. The company has a market cap of $1.15 billion, a PE ratio of 8.97 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. The company had revenue of $72.54 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. During the same quarter in the previous year, the company posted $0.55 EPS. Sell-side analysts expect that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share 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.