Burford Capital Limited (NYSE:BUR) President Aviva O. Will Sells 17,500 Shares

Burford Capital Limited (NYSE:BUR - Get Free Report) President Aviva O. Will sold 17,500 shares of Burford Capital stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $14.60, for a total value of $255,500.00. Following the sale, the president directly owned 293,479 shares in the company, valued at approximately $4,284,793.40. This trade represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Burford Capital Stock Performance

BUR traded up $0.19 during trading on Monday, reaching $14.37. 1,855,912 shares of the company's stock were exchanged, compared to its average volume of 1,045,117. The company has a market capitalization of $3.14 billion, a P/E ratio of 15.45 and a beta of 0.67. The company has a quick ratio of 13.27, a current ratio of 13.27 and a debt-to-equity ratio of 0.56. The business has a 50 day moving average price of $13.13 and a 200 day moving average price of $13.54. Burford Capital Limited has a fifty-two week low of $10.70 and a fifty-two week high of $15.73.

Burford Capital (NYSE:BUR - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.16). The business had revenue of $118.86 million for the quarter, compared to analyst estimates of $157.00 million. Burford Capital had a net margin of 33.41% and a return on equity of 6.41%. As a group, analysts predict that Burford Capital Limited will post 1.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wedbush upgraded Burford Capital to an "outperform" rating and set a $18.00 price objective for the company in a research report on Wednesday, June 11th.

Institutional Investors Weigh In On Burford Capital

A number of institutional investors have recently added to or reduced their stakes in the stock. Ridgewood Investments LLC bought a new position in Burford Capital during the 1st quarter valued at about $26,000. Strs Ohio bought a new stake in Burford Capital during the first quarter worth about $55,000. 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 worth $81,000 after buying an additional 5,628 shares in the last quarter. Sunbelt Securities Inc. raised its stake in shares of Burford Capital by 109.3% in the fourth quarter. Sunbelt Securities Inc. now owns 9,000 shares of the company's stock valued at $114,000 after acquiring an additional 4,700 shares during the last quarter. Finally, Ieq Capital LLC acquired a new position in shares of Burford Capital in the 1st quarter worth approximately $132,000.

Burford Capital Company Profile

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.