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

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Burford Capital Limited (NYSE:BUR - Free Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 423,021 shares of the company's stock after purchasing 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 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BUR. Sterling Capital Management LLC grew 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 buying an additional 5,628 shares during the last quarter. HM Payson & Co. purchased a new position in Burford Capital in the 4th quarter valued at about $119,000. Quantinno Capital Management LP acquired a new stake in shares of Burford Capital during the 4th quarter worth about $132,000. Mariner LLC purchased a new stake in shares of Burford Capital during the fourth quarter worth about $142,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Burford Capital during the fourth quarter worth about $167,000.

Burford Capital Trading Down 0.9%

Shares of BUR traded down $0.12 on Wednesday, hitting $12.76. 1,072,465 shares of the stock traded hands, compared to its average volume of 995,879. The company has a quick ratio of 15.75, a current ratio of 15.75 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $2.79 billion, a P/E ratio of 11.00 and a beta of 0.70. The stock's 50 day moving average is $13.35 and its two-hundred day moving average is $13.63. Burford Capital Limited has a 1 year low of $11.17 and a 1 year high of $15.73.

Burford Capital (NYSE:BUR - Get Free Report) last released 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 analysts' expectations of $157.00 million. As a group, sell-side analysts predict that Burford Capital Limited will post 1.28 earnings per share for the current 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.