48,227 Shares in Bain Capital Specialty Finance, Inc. $BCSF Acquired by Spartan Wealth Advisory Services LLC

Spartan Wealth Advisory Services LLC purchased a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 48,227 shares of the company’s stock, valued at approximately $598,000.

Several other institutional investors also recently modified their holdings of the business. Motiv8 Investments LLC bought a new position in Bain Capital Specialty Finance during the 4th quarter worth $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Bain Capital Specialty Finance during the fourth quarter worth about $42,000. BNP Paribas Financial Markets lifted its stake in shares of Bain Capital Specialty Finance by 352.1% in the third quarter. BNP Paribas Financial Markets now owns 4,069 shares of the company’s stock worth $58,000 after acquiring an additional 3,169 shares during the period. Quantbot Technologies LP bought a new stake in Bain Capital Specialty Finance in the second quarter valued at approximately $121,000. Finally, Prairiewood Capital LLC acquired a new stake in Bain Capital Specialty Finance during the 1st quarter valued at approximately $126,000.

Bain Capital Specialty Finance Stock Up 0.1%

Bain Capital Specialty Finance stock opened at $12.70 on Monday. The firm has a market cap of $823.98 million, a price-to-earnings ratio of 11.14 and a beta of 0.58. Bain Capital Specialty Finance, Inc. has a 52-week low of $11.82 and a 52-week high of $15.84. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.17 and a current ratio of 2.17. The firm has a 50 day moving average price of $12.86 and a two-hundred day moving average price of $13.05.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02). The firm had revenue of $42.20 million for the quarter, compared to analyst estimates of $65.58 million. Bain Capital Specialty Finance had a return on equity of 10.44% and a net margin of 27.00%. Equities analysts predict that Bain Capital Specialty Finance, Inc. will post 1.67 EPS for the current year.

Bain Capital Specialty Finance Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were given a dividend of $0.42 per share. The ex-dividend date was Monday, June 15th. This represents a $1.68 annualized dividend and a dividend yield of 13.2%. Bain Capital Specialty Finance’s dividend payout ratio is presently 147.37%.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.