1 week Ago By ABMN Staff
Deutsche Bank Aktiengesellschaft initiated coverage on shares of Burford Capital ( NYSE:BUR – Free Report ) in a research report released on Friday, Marketbeat.com reports. The firm issued a buy rating and a $18.
00 price target on the stock. A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group restated a buy rating and set a $22.
50 target price on shares of Burford Capital in a report on Tuesday, July 2nd. Wedbush restated an outperform rating and set a $18.00 target price on shares of Burford Capital in a report on Friday, August 9th.
One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Burford Capital has an average rating of Moderate Buy and an average price target of $19.
63. Check Out Our Latest Stock Report on Burford Capital Burford Capital Price Performance Burford Capital ( NYSE:BUR – Get Free Report ) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.
24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.10).
Burford Capital had a net margin of 45.81% and a return on equity of 12.58%.
The business had revenue of $159.65 million during the quarter, compared to analyst estimates of $153.00 million.
Equities research analysts anticipate that Burford Capital will post 1.1 earnings per share for the current fiscal year. Burford Capital Announces Dividend The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, December 5th.
Shareholders of record on Friday, November 1st will be issued a $0.063 dividend. The ex-dividend date of this dividend is Friday, November 1st.
This represents a dividend yield of 2%. Burford Capital’s dividend payout ratio is currently 8.39%.
Hedge Funds Weigh In On Burford Capital Institutional investors and hedge funds have recently modified their holdings of the stock. Amalgamated Bank acquired a new position in shares of Burford Capital in the second quarter valued at $90,000. ADAR1 Capital Management LLC acquired a new position in shares of Burford Capital in the fourth quarter valued at $165,000.
Xponance Inc. acquired a new position in shares of Burford Capital in the second quarter valued at $166,000. Paloma Partners Management Co acquired a new position in shares of Burford Capital in the first quarter valued at $192,000.
Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Burford Capital in the first quarter valued at $238,000.
Burford Capital Company Profile ( Get 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.
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