Bain Money Specialty Finance (NYSE:BCSF – Get Rating) was upgraded by Zacks Investment decision Research from a “sell” ranking to a “hold” score in a take note issued to traders on Tuesday, Zacks.com reports.
In accordance to Zacks, “Bain Cash Specialty Finance Inc. is a business enterprise enhancement company. It focuses on financial investment in middle-sector firms. Bain Funds Specialty Finance Inc. is dependent in Boston, United States. “
NYSE BCSF traded up $.18 through trading hrs on Tuesday, hitting $15.89. The company’s stock experienced a investing quantity of 290,810 shares, in contrast to its common volume of 187,582. Bain Cash Specialty Finance has a 12 thirty day period minimal of $14.60 and a 12 month superior of $16.45. The company’s 50 day uncomplicated moving normal is $15.84 and its two-hundred working day basic relocating common is $15.55. The enterprise has a market place cap of $1.03 billion, a P/E ratio of 8.54, a price tag-to-earnings-progress ratio of 1.05 and a beta of 1.41. The corporation has a financial debt-to-equity ratio of 1.29, a existing ratio of 5.02 and a fast ratio of 5.02.
Bain Capital Specialty Finance (NYSE:BCSF – Get Score) last released its quarterly earnings data on Wednesday, February 23rd. The company noted $.34 EPS for the quarter. Bain Funds Specialty Finance had a return on fairness of 8.02% and a internet margin of 60.69%. The organization had revenue of $51.53 million in the course of the quarter. Throughout the exact same quarter in the preceding year, the small business posted $.34 earnings per share. As a team, exploration analysts predict that Bain Money Specialty Finance will publish 1.37 earnings per share for the present fiscal calendar year.
In relevant news, Director Clare Stack Richer acquired 3,090 shares of the stock in a transaction dated Thursday, March 3rd. The shares ended up bought at an average charge of $16.18 for each share, with a full value of $49,996.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed by this url. Also, Director Thomas A. Hough obtained 6,272 shares of the inventory in a transaction dated Friday, March 25th. The shares were being purchased at an common cost of $15.94 for each share, for a overall transaction of $99,975.68. The disclosure for this obtain can be located here. In excess of the very last 90 times, insiders have acquired 10,662 shares of enterprise stock valued at $170,590. Company insiders very own .50% of the company’s inventory.
Hedge money and other institutional traders have not long ago acquired and marketed shares of the stock. Lincoln Nationwide Corp bought a new placement in Bain Capital Specialty Finance in the 3rd quarter really worth around $479,000. Callodine Cash Administration LP elevated its holdings in shares of Bain Money Specialty Finance by 81.7% during the 3rd quarter. Callodine Money Administration LP now owns 199,846 shares of the company’s inventory value $2,966,000 just after buying an additional 89,846 shares in the previous quarter. Meridian Financial commitment Counsel Inc. raised its holdings in shares of Bain Capital Specialty Finance by 9.3% for the duration of the 3rd quarter. Meridian Financial investment Counsel Inc. now owns 41,276 shares of the company’s stock worthy of $613,000 just after acquiring an additional 3,500 shares in the final quarter. Hennion & Walsh Asset Administration Inc. lifted its holdings in shares of Bain Cash Specialty Finance by 49.1% for the duration of the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 167,488 shares of the company’s inventory value $2,486,000 just after getting an additional 55,170 shares in the previous quarter. Ultimately, Gries Money LLC purchased a new stake in shares of Bain Cash Specialty Finance through the 3rd quarter worth around $3,349,000. 50.13% of the stock is at the moment owned by institutional investors.
About Bain Cash Specialty Finance (Get Score)
Bain Funds Specialty Finance, Inc operates as a business enterprise improvement enterprise (BDC) specializing in direct loans to middle-market place organizations. The fund seeks to devote in senior investments with a first or 2nd lien on collateral, senior initially lien, extend senior, senior second lien, unitranche, mezzanine personal debt, junior securities, other junior investments, and secondary buys of assets or portfolios that primarily consist of middle-industry company financial debt.
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