Bain Capital Specialty Finance (NYSE:BCSF – Get Free Report) had its price target dropped by stock analysts at Wells Fargo & Company from $18.00 to $17.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 10.32% from the company’s previous close.
Separately, Keefe, Bruyette & Woods lifted their target price on shares of Bain Capital Specialty Finance from $16.50 to $17.00 and gave the stock a “market perform” rating in a report on Thursday, May 23rd.
Get Our Latest Report on Bain Capital Specialty Finance
Bain Capital Specialty Finance Stock Down 0.8 %
Bain Capital Specialty Finance (NYSE:BCSF – Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. The business had revenue of $72.27 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.42% and a return on equity of 12.64%. During the same quarter in the previous year, the business posted $0.60 EPS. As a group, analysts forecast that Bain Capital Specialty Finance will post 1.99 earnings per share for the current fiscal year.
Institutional Trading of Bain Capital Specialty Finance
A number of institutional investors and hedge funds have recently made changes to their positions in BCSF. BOKF NA bought a new position in Bain Capital Specialty Finance in the 2nd quarter valued at approximately $159,000. Norden Group LLC increased its position in Bain Capital Specialty Finance by 10.9% in the 2nd quarter. Norden Group LLC now owns 16,153 shares of the company’s stock valued at $263,000 after acquiring an additional 1,593 shares during the period. Gries Financial LLC increased its position in shares of Bain Capital Specialty Finance by 19.3% during the second quarter. Gries Financial LLC now owns 171,158 shares of the company’s stock worth $2,792,000 after buying an additional 27,649 shares during the period. First National Trust Co acquired a new stake in shares of Bain Capital Specialty Finance during the second quarter worth $516,000. Finally, Graypoint LLC increased its position in shares of Bain Capital Specialty Finance by 2.1% during the second quarter. Graypoint LLC now owns 102,732 shares of the company’s stock worth $1,676,000 after buying an additional 2,093 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.
Read More
- Five stocks we like better than Bain Capital Specialty Finance
- How to Invest in Small Cap Stocks
- MarketBeat Week in Review – 8/5 – 8/9
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?
- What is the Shanghai Stock Exchange Composite Index?
- The Cannabis Sector: Profitability Takes Center Stage
Receive News & Ratings for Bain Capital Specialty Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bain Capital Specialty Finance and related companies with MarketBeat.com's FREE daily email newsletter.