Burford Capital Limited (NYSE:BUR) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its holdings in shares of Burford Capital Limited (NYSE:BUR) by 28.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,975 shares of the company’s stock after selling 5,673 shares during the quarter. Principal Financial Group Inc.’s holdings in Burford Capital were worth $185,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in Burford Capital by 367.7% during the 2nd quarter. Bank of Montreal Can now owns 5,753,031 shares of the company’s stock worth $75,077,000 after buying an additional 4,523,087 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Burford Capital by 1.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,052,748 shares of the company’s stock worth $39,838,000 after acquiring an additional 34,845 shares during the last quarter. State Street Corp lifted its stake in shares of Burford Capital by 24.6% in the third quarter. State Street Corp now owns 2,946,927 shares of the company’s stock worth $39,076,000 after acquiring an additional 582,514 shares in the last quarter. Marshall Wace LLP boosted its holdings in Burford Capital by 57.5% in the second quarter. Marshall Wace LLP now owns 1,050,754 shares of the company’s stock valued at $13,712,000 after purchasing an additional 383,577 shares during the last quarter. Finally, Claar Advisors LLC grew its stake in Burford Capital by 22.7% during the 3rd quarter. Claar Advisors LLC now owns 595,446 shares of the company’s stock valued at $7,896,000 after purchasing an additional 110,000 shares in the last quarter.

Burford Capital Price Performance

BUR stock opened at $12.90 on Wednesday. The company has a market capitalization of $2.82 billion, a PE ratio of 11.12 and a beta of 0.56. The company has a quick ratio of 15.75, a current ratio of 15.75 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average is $13.36 and its two-hundred day moving average is $13.32. Burford Capital Limited has a 52-week low of $12.07 and a 52-week high of $16.77.

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.