64,771 Shares in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 64,771 shares of the company’s stock, valued at approximately $1,135,000.

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

Analysts Set New Price Targets

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

Bain Capital Specialty Finance Stock Performance

Shares of NYSE:BCSF opened at $18.52 on Wednesday. The business has a fifty day moving average of $17.62 and a 200-day moving average of $17.03. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. Bain Capital Specialty Finance, Inc. has a twelve month low of $15.21 and a twelve month high of $18.54. The firm has a market cap of $1.20 billion, a PE ratio of 9.31 and a beta of 1.10.

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.