Strategic Financial Concepts LLC Makes New $1.14 Million Investment in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Strategic Financial Concepts LLC purchased a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 64,771 shares of the company’s stock, valued at approximately $1,135,000. Strategic Financial Concepts LLC owned about 0.10% of Bain Capital Specialty Finance at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Confluence Investment Management LLC boosted its holdings in Bain Capital Specialty Finance by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock valued at $1,984,000 after purchasing an additional 1,028 shares during the last quarter. Cooper Financial Group raised 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 valued at $264,000 after buying an additional 1,053 shares during the period. Prairiewood Capital LLC lifted its holdings in Bain Capital Specialty Finance by 8.6% in the fourth quarter. Prairiewood Capital LLC now owns 15,211 shares of the company’s stock valued at $266,000 after acquiring an additional 1,201 shares during the last quarter. Diversify Advisory Services LLC grew its position in Bain Capital Specialty Finance by 10.0% in the third quarter. Diversify Advisory Services LLC now owns 21,729 shares of the company’s stock worth $366,000 after acquiring an additional 1,978 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Bain Capital Specialty Finance by 10.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,537 shares of the company’s stock worth $374,000 after acquiring an additional 2,144 shares during the last quarter.

Bain Capital Specialty Finance Price Performance

Shares of BCSF opened at $17.97 on Wednesday. The firm has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $16.97. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41. Bain Capital Specialty Finance, Inc. has a 1-year low of $14.91 and a 1-year high of $18.35. The stock has a market cap of $1.16 billion, a PE ratio of 9.03 and a beta of 1.10.

Analyst Ratings Changes

Separately, Wells Fargo & Company upped their price target on Bain Capital Specialty Finance from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday, January 29th.

Bain Capital Specialty Finance 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.