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

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 of the company's stock, valued at $4,284,793.40. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Burford Capital Stock Performance

Burford Capital stock traded down $0.42 during mid-day trading on Friday, hitting $14.17. The company had a trading volume of 1,191,103 shares, compared to its average volume of 1,041,857. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 0.56. Burford Capital Limited has a 12-month low of $10.70 and a 12-month high of $15.73. The company's fifty day moving average is $13.13 and its 200-day moving average is $13.53. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 15.24 and a beta of 0.67.

Burford Capital (NYSE:BUR - Get Free Report) last released its quarterly earnings data 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 6.41% and a net margin of 33.41%. The company had revenue of $118.86 million during the quarter, compared to analysts' expectations of $157.00 million. Equities research analysts predict that Burford Capital Limited will post 1.28 EPS for the current year.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Burford Capital

Several hedge funds have recently bought and sold shares of the stock. Orbis Allan Gray Ltd boosted its position in Burford Capital by 10.3% in the 1st quarter. Orbis Allan Gray Ltd now owns 7,235,504 shares of the company's stock worth $95,581,000 after purchasing an additional 677,271 shares in the last quarter. Invesco Ltd. raised its stake in shares of Burford Capital by 0.8% during the 1st quarter. Invesco Ltd. now owns 4,527,180 shares of the company's stock worth $59,804,000 after buying an additional 34,228 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Burford Capital by 22.8% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,727,735 shares of the company's stock worth $47,529,000 after buying an additional 691,269 shares during the period. Contrarian Capital Management L.L.C. acquired a new position in shares of Burford Capital during the 1st quarter worth approximately $32,586,000. Finally, Sycale Advisors NY LLC raised its stake in shares of Burford Capital by 5.3% during the 4th quarter. Sycale Advisors NY LLC now owns 2,157,950 shares of the company's stock worth $27,514,000 after buying an additional 107,983 shares during the period.

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.