Insider Selling: Burford Capital Limited (NYSE:BUR) President Sells 7,500 Shares of Stock

Burford Capital Limited (NYSE:BUR) President Aviva O. Will sold 7,500 shares of Burford Capital stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $109,575.00. Following the completion of the transaction, the president now directly owns 310,979 shares in the company, valued at $4,543,403.19. The trade was a 2.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Burford Capital Trading Down 1.8 %

NYSE BUR opened at $14.05 on Friday. The firm’s fifty day moving average is $13.32 and its two-hundred day moving average is $13.37. Burford Capital Limited has a one year low of $12.07 and a one year high of $16.77. The company has a debt-to-equity ratio of 0.54, a quick ratio of 15.75 and a current ratio of 15.75. The firm has a market cap of $3.08 billion, a PE ratio of 12.11 and a beta of 0.56.

Burford Capital (NYSE:BUR) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.31. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. The firm had revenue of $249.11 million for the quarter, compared to analysts’ expectations of $137.00 million. During the same quarter in the previous year, the firm posted $1.22 EPS. Analysts expect that Burford Capital Limited will post 1.25 earnings per share for the current year.

Institutional Investors Weigh In On Burford Capital

Several hedge funds have recently modified their holdings of the stock. Mraz Amerine & Associates Inc. raised its position in Burford Capital by 12.8% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 139,527 shares of the company’s stock worth $1,779,000 after buying an additional 15,868 shares during the last quarter. State of New Jersey Common Pension Fund D purchased a new position in Burford Capital during the fourth quarter worth about $171,000. Rhumbline Advisers lifted its position in Burford Capital by 0.4% in the fourth quarter. Rhumbline Advisers now owns 296,650 shares of the company’s stock valued at $3,782,000 after purchasing an additional 1,249 shares during the period. Emeth Value Capital LLC purchased a new stake in Burford Capital in the 4th quarter valued at approximately $17,980,000. Finally, Blue Trust Inc. increased its position in Burford Capital by 87.6% during the 4th quarter. Blue Trust Inc. now owns 14,575 shares of the company’s stock worth $193,000 after purchasing an additional 6,806 shares during the period.

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.