Burford Capital Limited (NYSE:BUR) Holdings Trimmed by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its holdings in shares of Burford Capital Limited (NYSE:BUR - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,232,077 shares of the company's stock after selling 54,168 shares during the quarter. Janus Henderson Group PLC owned approximately 0.56% of Burford Capital worth $15,978,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BUR. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Burford Capital by 22.8% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,727,735 shares of the company's stock worth $47,529,000 after purchasing an additional 691,269 shares during the last quarter. Vanguard Group Inc. increased its position in Burford Capital by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 1,429,089 shares of the company's stock worth $18,243,000 after buying an additional 63,346 shares during the period. Emeth Value Capital LLC bought a new stake in Burford Capital in the fourth quarter valued at $17,980,000. Northern Trust Corp lifted its stake in Burford Capital by 5.7% in the fourth quarter. Northern Trust Corp now owns 1,256,636 shares of the company's stock valued at $16,022,000 after buying an additional 67,929 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its holdings 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 valued at $12,280,000 after acquiring an additional 815,812 shares during the period.

Burford Capital Stock Performance

Shares of BUR stock traded down $0.23 during trading hours on Wednesday, reaching $13.43. The stock had a trading volume of 530,555 shares, compared to its average volume of 970,698. 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 twelve month low of $11.17 and a twelve month high of $15.73. The firm has a 50-day simple moving average of $13.52 and a 200-day simple moving average of $13.68. The firm has a market capitalization of $2.94 billion, a PE ratio of 11.56 and a beta of 0.70.

Burford Capital (NYSE:BUR - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.16). Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. The firm had revenue of $118.86 million during the quarter, compared to the consensus estimate of $157.00 million. As a group, equities analysts forecast that Burford Capital Limited will post 1.28 earnings per share for the current year.

Burford Capital Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be paid a $0.0625 dividend. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.8%. Burford Capital's payout ratio is 12.90%.

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.