6 days Ago By ABMN Staff
Alliancebernstein L.P. increased its holdings in Burford Capital Limited ( NYSE:BUR – Free Report ) by 2.
5% during the fourth quarter, Holdings Channel reports. The firm owned 259,516 shares of the company’s stock after purchasing an additional 6,400 shares during the period. Alliancebernstein L.
P.’s holdings in Burford Capital were worth $3,309,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently modified their holdings of BUR.
Emeth Value Capital LLC purchased a new position in shares of Burford Capital in the fourth quarter worth approximately $17,980,000. Proficio Capital Partners LLC lifted its stake in Burford Capital by 553.8% in the fourth quarter.
Proficio Capital Partners LLC now owns 963,122 shares of the company’s stock valued at $12,280,000 after acquiring an additional 815,812 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Burford Capital by 22.8% in the fourth quarter.
Barrow Hanley Mewhinney & Strauss LLC now owns 3,727,735 shares of the company’s stock worth $47,529,000 after purchasing an additional 691,269 shares in the last quarter. State Street Corp increased its holdings in shares of Burford Capital by 24.6% during the 3rd quarter.
State Street Corp now owns 2,946,927 shares of the company’s stock valued at $39,076,000 after acquiring an additional 582,514 shares during the last quarter. Finally, Rovida Investment Management Ltd bought a new position in shares of Burford Capital in the fourth quarter valued at approximately $7,449,000. Burford Capital Stock Up 4.
3 % BUR stock opened at $13.22 on Tuesday. The company has a 50-day moving average of $13.
94 and a two-hundred day moving average of $13.61. Burford Capital Limited has a 52-week low of $11.
17 and a 52-week high of $16.37. The stock has a market capitalization of $2.
90 billion, a price-to-earnings ratio of 11.40 and a beta of 0.73.
The company has a debt-to-equity ratio of 0.54, a current ratio of 15.75 and a quick ratio of 15.
75. Burford Capital Cuts Dividend The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be paid a $0.
0625 dividend. This represents a dividend yield of 1.8%.
The ex-dividend date is Friday, May 23rd. Burford Capital’s dividend payout ratio is 18.46%.
Insider Buying and Selling In other news, President Aviva O. Will sold 7,500 shares of the company’s stock in a transaction that occurred 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 transaction, the president now directly owns 310,979 shares in the company, valued at approximately $4,543,403.
19. This represents 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 accessible through this link . Also, insider David Perla sold 3,000 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 value of $43,830.00. Following the completion of the sale, the insider now directly owns 82,489 shares of the company’s stock, valued at $1,205,164.
29. This trade represents a 3.51 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 100,500 shares of company stock valued at $1,468,305 over the last quarter. Corporate insiders own 0.
19% 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 Want to see what other hedge funds are holding BUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Burford Capital Limited ( NYSE:BUR – Free Report ).
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