Hager Investment Management Services LLC Buys New Shares in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Hager Investment Management Services LLC acquired a new position in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 144,394 shares of the company’s stock, valued at approximately $2,530,000. Bain Capital Specialty Finance accounts for 1.6% of Hager Investment Management Services LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new position in Bain Capital Specialty Finance in the third quarter valued at about $136,000. Farther Finance Advisors LLC bought a new stake in Bain Capital Specialty Finance in the third quarter valued at approximately $182,000. Centiva Capital LP bought a new position in shares of Bain Capital Specialty Finance during the 3rd quarter worth approximately $199,000. KKM Financial LLC bought a new position in shares of Bain Capital Specialty Finance during the 3rd quarter worth approximately $232,000. Finally, Cooper Financial Group raised its position in shares of Bain Capital Specialty Finance by 7.5% during the fourth quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock worth $264,000 after purchasing an additional 1,053 shares during the period.

Analysts Set New Price Targets

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

Bain Capital Specialty Finance Trading Down 0.0 %

Shares of Bain Capital Specialty Finance stock opened at $18.16 on Wednesday. Bain Capital Specialty Finance, Inc. has a 1 year low of $14.77 and a 1 year high of $18.35. The firm has a market cap of $1.17 billion, a PE ratio of 9.12 and a beta of 1.10. The stock has a fifty day moving average price of $17.40 and a 200-day moving average price of $16.92. 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 posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $72.54 million during the quarter. During the same quarter in the previous year, the company posted $0.55 EPS. Equities research analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current 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.