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

Strategic Financial Concepts LLC bought a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 64,771 shares of the company’s stock, valued at approximately $1,135,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Quantbot Technologies LP purchased a new position in shares of Bain Capital Specialty Finance in the third quarter valued at approximately $136,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at approximately $151,000. Farther Finance Advisors LLC acquired a new position in shares of Bain Capital Specialty Finance in the third quarter worth $182,000. Centiva Capital LP purchased a new stake in shares of Bain Capital Specialty Finance during the third quarter worth $199,000. Finally, KKM Financial LLC acquired a new stake in shares of Bain Capital Specialty Finance in the third quarter valued at $232,000.

Bain Capital Specialty Finance Trading Up 0.5 %

NYSE BCSF opened at $17.97 on Wednesday. Bain Capital Specialty Finance, Inc. has a 52 week low of $14.91 and a 52 week high of $18.35. The firm has a 50 day moving average of $17.50 and a two-hundred day moving average of $16.97. 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 stock has a market capitalization of $1.16 billion, a PE ratio of 9.03 and a beta of 1.10.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upped their price target 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 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.