Columbus Macro LLC Acquires New Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Columbus Macro LLC bought a new position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 316,420 shares of the company’s stock, valued at approximately $5,544,000. Columbus Macro LLC owned 0.49% of Bain Capital Specialty Finance at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BCSF. Quantbot Technologies LP bought a new position in Bain Capital Specialty Finance in the 3rd quarter worth $136,000. Farther Finance Advisors LLC bought a new stake in shares of Bain Capital Specialty Finance in the 3rd quarter worth approximately $182,000. Centiva Capital LP bought a new position in shares of Bain Capital Specialty Finance during the 3rd quarter worth about $199,000. KKM Financial LLC bought a new stake in Bain Capital Specialty Finance in the third quarter valued at about $232,000. Finally, Cooper Financial Group lifted its position in shares of Bain Capital Specialty Finance by 7.5% during the 4th quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock worth $264,000 after buying an additional 1,053 shares during the period.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised their price objective on 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 Performance

BCSF opened at $18.18 on Tuesday. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $14.77 and a fifty-two week high of $18.35. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 9.14 and a beta of 1.10. The company has a fifty day moving average of $17.38 and a 200 day moving average of $16.91. 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 (NYSE:BCSF) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. The business had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same quarter in the previous year, the firm posted $0.55 EPS. As a group, sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current fiscal year.

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.