Free Trial

XTX Topco Ltd Makes New Investment in Burford Capital Limited (NYSE:BUR)

Burford Capital logo with Finance background

Key Points

  • XTX Topco Ltd has invested approximately $1.31 million in Burford Capital Limited by purchasing 99,296 shares during the first quarter.
  • Insider sales include President Aviva O. Will and CEO Christopher P. Bogart selling 17,500 and 210,000 shares respectively, indicating significant reductions in their ownership positions.
  • Burford Capital reported earnings per share of $0.14, missing expectations, and analysts predict an EPS of 1.28 for the current fiscal year.
  • Need better tools to track Burford Capital? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

XTX Topco Ltd acquired a new position in Burford Capital Limited (NYSE:BUR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 99,296 shares of the company's stock, valued at approximately $1,312,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ridgewood Investments LLC purchased a new stake in Burford Capital during the first quarter worth $26,000. Sterling Capital Management LLC lifted its holdings in 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 purchasing an additional 5,628 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in Burford Capital by 109.3% during the fourth quarter. Sunbelt Securities Inc. now owns 9,000 shares of the company's stock valued at $114,000 after purchasing an additional 4,700 shares in the last quarter. Quantinno Capital Management LP purchased a new position in Burford Capital during the fourth quarter valued at $132,000. Finally, Mariner LLC purchased a new position in Burford Capital during the fourth quarter valued at $142,000.

Burford Capital Price Performance

Shares of NYSE:BUR traded up $0.09 during midday trading on Tuesday, hitting $12.72. The company's stock had a trading volume of 292,222 shares, compared to its average volume of 1,365,750. The company has a debt-to-equity ratio of 0.56, a quick ratio of 13.27 and a current ratio of 13.27. The business's 50 day simple moving average is $13.09 and its 200 day simple moving average is $13.61. Burford Capital Limited has a 12-month low of $10.70 and a 12-month high of $15.73. The company has a market cap of $2.78 billion, a P/E ratio of 13.67 and a beta of 0.65.

Burford Capital (NYSE:BUR - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.16). Burford Capital had a return on equity of 6.41% and a net margin of 33.41%. The firm had revenue of $118.86 million for the quarter, compared to analysts' expectations of $157.00 million. On average, analysts forecast that Burford Capital Limited will post 1.28 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Burford Capital from a "hold" rating to a "buy" rating in a report on Saturday. Wedbush raised shares of Burford Capital to an "outperform" rating and set a $18.00 price objective on the stock in a report on Wednesday, June 11th.

Check Out Our Latest Research Report on BUR

Insider Activity at Burford Capital

In other Burford Capital news, insider David Perla sold 7,000 shares of Burford Capital stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $102,200.00. Following the completion of the sale, the insider directly owned 80,172 shares in the company, valued at $1,170,511.20. This trade represents a 8.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CIO Jonathan Todd Molot sold 210,000 shares of Burford Capital stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $3,066,000.00. Following the completion of the transaction, the executive owned 3,406,625 shares of the company's stock, valued at $49,736,725. This trade represents a 5.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 444,500 shares of company stock valued at $6,489,700 in the last ninety days. Insiders own 8.90% of the company's stock.

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.

Read More

Institutional Ownership by Quarter for Burford Capital (NYSE:BUR)

Should You Invest $1,000 in Burford Capital Right Now?

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

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines