Burford Capital Limited (NYSE:BUR) President Sells $109,575.00 in Stock

Burford Capital Limited (NYSE:BUR) President Aviva O. Will sold 7,500 shares of Burford Capital stock in a transaction 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 completion of the transaction, the president now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Burford Capital Trading Down 1.8 %

BUR opened at $14.05 on Friday. The stock has a 50-day moving average of $13.32 and a 200 day moving average of $13.36. The company has a current ratio of 15.75, a quick ratio of 15.75 and a debt-to-equity ratio of 0.54. Burford Capital Limited has a 12 month low of $12.07 and a 12 month high of $16.77. The firm has a market cap of $3.08 billion, a P/E ratio of 12.11 and a beta of 0.56.

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

Institutional Investors Weigh In On Burford Capital

Several hedge funds and other institutional investors have recently made changes to their positions in BUR. Rhumbline Advisers grew its holdings in Burford Capital by 0.4% during the 4th quarter. Rhumbline Advisers now owns 296,650 shares of the company’s stock valued at $3,782,000 after purchasing an additional 1,249 shares during the last quarter. Covestor Ltd grew its stake in shares of Burford Capital by 27.6% during 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. Charles Schwab Investment Management Inc. raised its holdings in shares of Burford Capital by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company’s stock worth $6,369,000 after buying an additional 2,277 shares during the period. Epacria Capital Partners LLC lifted its stake in shares of Burford Capital by 20.9% during the 3rd quarter. Epacria Capital Partners LLC now owns 23,291 shares of the company’s stock worth $309,000 after acquiring an additional 4,019 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in Burford Capital during the 3rd quarter valued at $57,000.

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.