Mirae Asset Global Investments Co. Ltd. Makes New Investment in Bain Capital Specialty Finance, Inc. (NYSE:BCSF)

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the 4th quarter, Holdings Channel reports. The firm acquired 8,476 shares of the company’s stock, valued at approximately $151,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BCSF. Confluence Investment Management LLC increased its position 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 buying an additional 1,028 shares in the last quarter. Cooper Financial Group increased its holdings in shares of Bain Capital Specialty Finance by 7.5% during the fourth quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock valued at $264,000 after acquiring an additional 1,053 shares in the last quarter. Prairiewood Capital LLC increased its holdings in shares of Bain Capital Specialty Finance by 8.6% during 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 in the last quarter. Diversify Advisory Services LLC raised its position in shares of Bain Capital Specialty Finance by 10.0% during the third quarter. Diversify Advisory Services LLC now owns 21,729 shares of the company’s stock worth $366,000 after purchasing an additional 1,978 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Bain Capital Specialty Finance by 10.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 22,537 shares of the company’s stock worth $374,000 after purchasing an additional 2,144 shares in the last quarter.

Bain Capital Specialty Finance Price Performance

Shares of NYSE BCSF opened at $18.21 on Friday. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 9.15 and a beta of 1.10. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. Bain Capital Specialty Finance, Inc. has a fifty-two week low of $14.97 and a fifty-two week high of $18.35. The firm’s 50-day simple moving average is $17.54 and its 200 day simple moving average is $16.99.

Analyst Ratings Changes

Separately, Wells Fargo & Company boosted their price target on shares of 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.

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.