Redhawk Wealth Advisors Inc. Purchases 1,716 Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Redhawk Wealth Advisors Inc. boosted its holdings in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 2.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,506 shares of the company’s stock after purchasing an additional 1,716 shares during the period. Redhawk Wealth Advisors Inc. owned about 0.11% of Bain Capital Specialty Finance worth $1,220,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP grew its holdings in shares of Bain Capital Specialty Finance by 74.2% during the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after purchasing an additional 1,268 shares during the last quarter. Deerfield Management Company L.P. Series C grew its stake in shares of Bain Capital Specialty Finance by 213.8% during the second quarter. Deerfield Management Company L.P. Series C now owns 79,569 shares of the company’s stock worth $1,298,000 after buying an additional 54,213 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Bain Capital Specialty Finance during the second quarter worth $253,000. BOKF NA acquired a new stake in shares of Bain Capital Specialty Finance during the 2nd quarter valued at $159,000. Finally, Norden Group LLC grew its position in Bain Capital Specialty Finance by 10.9% during the 2nd quarter. Norden Group LLC now owns 16,153 shares of the company’s stock worth $263,000 after acquiring an additional 1,593 shares during the last quarter.

Bain Capital Specialty Finance Trading Up 0.4 %

Shares of BCSF stock opened at $16.63 on Monday. The stock has a 50-day moving average of $16.59 and a 200-day moving average of $16.44. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.03. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 8.32 and a beta of 1.13. Bain Capital Specialty Finance, Inc. has a 1-year low of $14.60 and a 1-year high of $17.25.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. The company had revenue of $72.27 million for the quarter. During the same period in the prior year, the company posted $0.60 earnings per share. On average, equities research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.03 earnings per share for the current year.

Analyst Ratings Changes

BCSF has been the subject of several research reports. Wells Fargo & Company dropped their target price on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

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.