Burford Capital Limited (NYSE:BUR) Shares Sold by Baillie Gifford & Co.

Baillie Gifford & Co. reduced its stake in shares of Burford Capital Limited (NYSE:BUR) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,487,490 shares of the company’s stock after selling 5,519 shares during the quarter. Baillie Gifford & Co. owned about 0.68% of Burford Capital worth $19,281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sunbelt Securities Inc. acquired a new stake in shares of Burford Capital during the third quarter worth about $57,000. Blue Trust Inc. increased its position in Burford Capital by 503.2% during the third quarter. Blue Trust Inc. now owns 7,769 shares of the company’s stock worth $101,000 after buying an additional 6,481 shares during the period. Covestor Ltd lifted its stake in Burford Capital by 27.6% in the third quarter. Covestor Ltd now owns 8,527 shares of the company’s stock valued at $113,000 after buying an additional 1,842 shares during the last quarter. BBR Partners LLC acquired a new stake in shares of Burford Capital in the third quarter valued at approximately $133,000. Finally, Virtu Financial LLC grew its position in shares of Burford Capital by 30.6% during the third quarter. Virtu Financial LLC now owns 19,288 shares of the company’s stock worth $256,000 after acquiring an additional 4,524 shares during the last quarter.

Burford Capital Stock Up 1.0 %

BUR stock opened at $15.38 on Tuesday. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 13.26 and a beta of 0.59. The company has a fifty day moving average price of $13.60 and a 200 day moving average price of $13.43. The company has a debt-to-equity ratio of 0.54, a current ratio of 15.75 and a quick ratio of 15.75. Burford Capital Limited has a 12 month low of $12.07 and a 12 month high of $16.77.

Insider Buying and Selling at Burford Capital

In other news, President Aviva O. Will sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total value of $109,575.00. Following the transaction, the president now owns 310,979 shares of the company’s stock, valued at approximately $4,543,403.19. The trade was a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David Perla sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total value of $43,830.00. Following the sale, the insider now owns 82,489 shares of the company’s stock, valued at $1,205,164.29. This trade represents a 3.51 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,500 shares of company stock worth $1,468,305. 0.19% of the stock is owned by company insiders.

Burford Capital Company Profile

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.