Burford Capital Limited (NYSE:BUR) Shares Acquired by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Burford Capital Limited (NYSE:BUR) by 22.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,727,735 shares of the company’s stock after acquiring an additional 691,269 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 1.70% of Burford Capital worth $47,529,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Burford Capital by 24.6% in the third quarter. State Street Corp now owns 2,946,927 shares of the company’s stock valued at $39,076,000 after purchasing an additional 582,514 shares during the period. Vanguard Group Inc. boosted its position in Burford Capital by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 1,429,089 shares of the company’s stock valued at $18,243,000 after buying an additional 63,346 shares during the period. Emeth Value Capital LLC acquired a new position in shares of Burford Capital in the fourth quarter worth $17,980,000. Proficio Capital Partners LLC increased its position in shares of Burford Capital by 553.8% during the fourth quarter. Proficio Capital Partners LLC now owns 963,122 shares of the company’s stock worth $12,280,000 after acquiring an additional 815,812 shares during the period. Finally, Claar Advisors LLC raised its stake in shares of 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 in the last quarter.

Burford Capital Trading Down 1.9 %

BUR opened at $13.48 on Friday. The business has a fifty day moving average price of $14.32 and a 200 day moving average price of $13.67. 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. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 11.62 and a beta of 0.44.

Burford Capital (NYSE:BUR) last released its earnings results on Monday, March 3rd. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.62). Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. The firm had revenue of $65.69 million for the quarter, compared to analysts’ expectations of $219.38 million. Sell-side analysts expect that Burford Capital Limited will post 1.28 earnings per share for the current fiscal year.

Burford Capital Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.0625 per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, May 23rd. Burford Capital’s dividend payout ratio (DPR) is presently 18.46%.

Insiders Place Their Bets

In other Burford Capital news, President Aviva O. Will sold 7,500 shares of Burford Capital stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total transaction of $109,575.00. Following the transaction, the president now owns 310,979 shares of the company’s stock, valued at $4,543,403.19. The trade was a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Christopher P. Bogart sold 90,000 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total value of $1,314,900.00. Following the completion of the sale, the chief executive officer now directly owns 452,185 shares of the company’s stock, valued at $6,606,422.85. The trade was a 16.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 100,500 shares of company stock valued at $1,468,305. 0.19% of the stock is owned by corporate insiders.

Burford Capital 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.