Y Intercept Hong Kong Ltd Has $412,000 Stock Holdings in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Y Intercept Hong Kong Ltd reduced its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 43.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Bain Capital Specialty Finance in the 2nd quarter worth approximately $333,000. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Bain Capital Specialty Finance by 33.8% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 317,318 shares of the company’s stock valued at $5,175,000 after acquiring an additional 80,192 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Bain Capital Specialty Finance by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company’s stock valued at $1,348,000 after acquiring an additional 1,025 shares during the period. Van ECK Associates Corp boosted its stake in shares of Bain Capital Specialty Finance by 18.4% in the 2nd quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after purchasing an additional 162,956 shares in the last quarter. Finally, Graypoint LLC grew its holdings in shares of Bain Capital Specialty Finance by 2.1% in the 2nd quarter. Graypoint LLC now owns 102,732 shares of the company’s stock worth $1,676,000 after purchasing an additional 2,093 shares during the last quarter.

Bain Capital Specialty Finance Price Performance

Shares of BCSF stock opened at $17.15 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 8.62 and a beta of 1.12. The firm’s 50 day moving average is $16.85 and its 200-day moving average is $16.68. Bain Capital Specialty Finance, Inc. has a 1 year low of $14.75 and a 1 year high of $17.36.

Bain Capital Specialty Finance (NYSE:BCSF) last released its earnings results on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.50 by $0.03. The company had revenue of $72.54 million during the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same period last year, the business posted $0.55 earnings per share. Sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.