Squarepoint Ops LLC bought a new stake in Burford Capital Limited (NYSE:BUR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 39,188 shares of the company's stock, valued at approximately $500,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC increased its holdings in shares of Burford Capital by 820.4% during the fourth quarter. Sterling Capital Management LLC now owns 6,314 shares of the company's stock valued at $81,000 after acquiring an additional 5,628 shares in the last quarter. HM Payson & Co. purchased a new stake in Burford Capital during the 4th quarter worth approximately $119,000. Quantinno Capital Management LP acquired a new position in Burford Capital during the 4th quarter valued at approximately $132,000. Mariner LLC acquired a new position in Burford Capital during the 4th quarter valued at approximately $142,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Burford Capital in the fourth quarter worth $167,000.
Burford Capital Stock Performance
Shares of NYSE:BUR traded up $0.18 on Friday, hitting $13.33. 1,064,667 shares of the company were exchanged, compared to its average volume of 1,045,902. The firm has a market capitalization of $2.91 billion, a P/E ratio of 11.49 and a beta of 0.59. 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 1-year low of $11.17 and a 1-year high of $15.73. The stock's 50 day moving average price is $13.33 and its 200 day moving average price is $13.62.
Burford Capital (NYSE:BUR - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.16). The firm had revenue of $118.86 million during the quarter, compared to analysts' expectations of $157.00 million. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. Sell-side analysts predict that Burford Capital Limited will post 1.28 EPS for the current year.
Burford Capital Company Profile
(
Free Report)
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.
Featured Stories
Before you consider Burford Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burford Capital wasn't on the list.
While Burford Capital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
