UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in Burford Capital Limited (NYSE:BUR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Burford Capital Limited (NYSE:BUR - Free Report) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 423,021 shares of the company's stock after acquiring an additional 29,696 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.19% of Burford Capital worth $5,394,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sterling Capital Management LLC increased its holdings in Burford Capital by 820.4% during the 4th quarter. Sterling Capital Management LLC now owns 6,314 shares of the company's stock valued at $81,000 after purchasing an additional 5,628 shares during the period. HM Payson & Co. bought a new stake in shares of Burford Capital in the 4th quarter worth approximately $119,000. Quantinno Capital Management LP purchased a new position in shares of Burford Capital during the fourth quarter valued at approximately $132,000. Mariner LLC bought a new position in shares of Burford Capital during the fourth quarter valued at approximately $142,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Burford Capital in the fourth quarter worth $167,000.

Burford Capital Trading Up 1.4%

NYSE:BUR traded up $0.18 during trading hours on Friday, hitting $13.33. The company had a trading volume of 1,064,667 shares, compared to its average volume of 996,346. The company has a debt-to-equity ratio of 0.54, a current ratio of 15.75 and a quick ratio of 15.75. The stock has a 50-day moving average price of $13.33 and a 200 day moving average price of $13.62. The company has a market capitalization of $2.91 billion, a PE ratio of 11.49 and a beta of 0.59. Burford Capital Limited has a 52 week low of $11.17 and a 52 week high of $15.73.

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). The company 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%. On average, equities research analysts predict that Burford Capital Limited will post 1.28 EPS for the current fiscal year.

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.