Aviva O. Will Sells 7,500 Shares of Burford Capital Limited (NYSE:BUR) Stock

Burford Capital Limited (NYSE:BUR) President Aviva O. Will sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $109,575.00. Following the completion of the sale, the president now directly owns 310,979 shares in the company, valued at approximately $4,543,403.19. This trade represents a 2.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Burford Capital Trading Down 1.8 %

NYSE BUR opened at $14.05 on Friday. Burford Capital Limited has a 52 week low of $12.07 and a 52 week high of $16.77. The firm has a 50 day moving average of $13.32 and a two-hundred day moving average of $13.37. The stock has a market capitalization of $3.08 billion, a PE ratio of 12.11 and a beta of 0.56. The company has a quick ratio of 15.75, a current ratio of 15.75 and a debt-to-equity ratio of 0.54.

Burford Capital (NYSE:BUR) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.31. The company had revenue of $249.11 million for the quarter, compared to analysts’ expectations of $137.00 million. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. During the same period last year, the firm earned $1.22 earnings per share. As a group, research analysts expect that Burford Capital Limited will post 1.25 EPS for the current fiscal year.

Hedge Funds Weigh In On Burford Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in Burford Capital by 24.6% during the third quarter. State Street Corp now owns 2,946,927 shares of the company’s stock worth $39,076,000 after purchasing an additional 582,514 shares in the last quarter. Emeth Value Capital LLC acquired a new stake in Burford Capital during the 4th quarter worth $17,980,000. Claar Advisors LLC lifted its position in Burford Capital by 22.7% in the third quarter. Claar Advisors LLC now owns 595,446 shares of the company’s stock valued at $7,896,000 after acquiring an additional 110,000 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Burford Capital by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company’s stock valued at $6,369,000 after acquiring an additional 2,277 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Burford Capital by 15.7% during the third quarter. HighTower Advisors LLC now owns 314,037 shares of the company’s stock worth $4,154,000 after purchasing an additional 42,699 shares during the last quarter.

About Burford Capital

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.