Y Intercept Hong Kong Ltd Sells 19,116 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Y Intercept Hong Kong Ltd lessened its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 43.5% in the 3rd quarter, Holdings Channel reports. The firm owned 24,827 shares of the company’s stock after selling 19,116 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Bain Capital Specialty Finance were worth $412,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. First National Trust Co raised its stake in Bain Capital Specialty Finance by 189.6% during the 3rd quarter. First National Trust Co now owns 91,690 shares of the company’s stock worth $1,522,000 after buying an additional 60,024 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Bain Capital Specialty Finance by 1,551.4% during the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after purchasing an additional 494,812 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Bain Capital Specialty Finance by 10.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock valued at $7,733,000 after purchasing an additional 43,794 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Bain Capital Specialty Finance by 33.8% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 317,318 shares of the company’s stock valued at $5,175,000 after purchasing an additional 80,192 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Bain Capital Specialty Finance by 3.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 77,253 shares of the company’s stock worth $1,282,000 after purchasing an additional 2,530 shares in the last quarter.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $17.00 price target on shares of Bain Capital Specialty Finance in a research note on Wednesday, August 21st.

Bain Capital Specialty Finance Stock Performance

BCSF opened at $17.15 on Tuesday. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 8.62 and a beta of 1.12. The business’s 50-day moving average price is $16.85 and its two-hundred day moving average price is $16.68. Bain Capital Specialty Finance, Inc. has a 1 year low of $14.75 and a 1 year high of $17.36. 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 (NYSE:BCSF) last announced its earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The business had revenue of $72.54 million for the quarter. During the same period in the prior year, the business posted $0.55 EPS. Equities analysts expect that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

About Bain Capital Specialty Finance

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.