Bain Capital Specialty Finance (NYSE:BCSF) Sets New 1-Year High – Should You Buy?

Bain Capital Specialty Finance, Inc. (NYSE:BCSF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $18.64 and last traded at $18.54, with a volume of 156474 shares changing hands. The stock had previously closed at $18.54.

Wall Street Analyst Weigh In

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

Bain Capital Specialty Finance Stock Down 0.0 %

The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41. The firm’s 50-day moving average price is $17.65 and its 200 day moving average price is $17.04. The firm has a market cap of $1.20 billion, a P/E ratio of 9.31 and a beta of 1.10.

Hedge Funds Weigh In On Bain Capital Specialty Finance

Several large investors have recently modified their holdings of BCSF. Mascoma Wealth Management LLC acquired a new stake in Bain Capital Specialty Finance during the fourth quarter worth about $29,000. Aquatic Capital Management LLC acquired a new stake in Bain Capital Specialty Finance during the fourth quarter worth about $67,000. Quantbot Technologies LP acquired a new stake in Bain Capital Specialty Finance during the third quarter worth about $136,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Bain Capital Specialty Finance during the fourth quarter worth about $151,000. Finally, Lazard Asset Management LLC raised its stake in Bain Capital Specialty Finance by 14.5% during the fourth quarter. Lazard Asset Management LLC now owns 9,361 shares of the company’s stock worth $164,000 after acquiring an additional 1,189 shares during the period.

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.