Van ECK Associates Corp Boosts Position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Van ECK Associates Corp boosted its position in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) by 13.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,088,471 shares of the company’s stock after purchasing an additional 131,860 shares during the period. Van ECK Associates Corp owned about 1.69% of Bain Capital Specialty Finance worth $19,070,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BCSF. International Assets Investment Management LLC grew its position in Bain Capital Specialty Finance by 1,551.4% during the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after buying an additional 494,812 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Bain Capital Specialty Finance by 0.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 468,313 shares of the company’s stock worth $8,205,000 after acquiring an additional 2,445 shares during the last quarter. Columbus Macro LLC purchased a new stake in shares of Bain Capital Specialty Finance in the 4th quarter worth $5,544,000. Franklin Resources Inc. raised its holdings in Bain Capital Specialty Finance by 14.6% in the 3rd quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock worth $4,779,000 after purchasing an additional 36,585 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in Bain Capital Specialty Finance by 5.5% during the third quarter. Rockefeller Capital Management L.P. now owns 270,826 shares of the company’s stock valued at $4,496,000 after purchasing an additional 14,223 shares in the last quarter.

Analyst Ratings Changes

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

Bain Capital Specialty Finance Stock Up 0.6 %

Shares of BCSF stock opened at $18.32 on Friday. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 9.21 and a beta of 1.10. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41. The company’s fifty day moving average price is $17.57 and its 200-day moving average price is $17.00. Bain Capital Specialty Finance, Inc. has a one year low of $15.09 and a one year high of $18.35.

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.