Burford Capital Limited (NYSE:BUR) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in Burford Capital Limited (NYSE:BUR) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 279,427 shares of the company’s stock after buying an additional 30,355 shares during the period. JPMorgan Chase & Co. owned 0.13% of Burford Capital worth $3,705,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Covestor Ltd increased its position in Burford Capital by 27.6% in the 3rd quarter. Covestor Ltd now owns 8,527 shares of the company’s stock valued at $113,000 after acquiring an additional 1,842 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Burford Capital by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company’s stock valued at $6,369,000 after purchasing an additional 2,277 shares in the last quarter. Epacria Capital Partners LLC lifted its holdings in Burford Capital by 20.9% in the third quarter. Epacria Capital Partners LLC now owns 23,291 shares of the company’s stock worth $309,000 after purchasing an additional 4,019 shares during the period. Sunbelt Securities Inc. bought a new position in Burford Capital in the 3rd quarter valued at about $57,000. Finally, Virtu Financial LLC increased its stake in Burford Capital by 30.6% during the 3rd quarter. Virtu Financial LLC now owns 19,288 shares of the company’s stock valued at $256,000 after buying an additional 4,524 shares during the period.

Burford Capital Stock Up 0.5 %

BUR opened at $13.09 on Friday. 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 company has a market capitalization of $2.87 billion, a PE ratio of 11.28 and a beta of 0.56. The stock’s fifty day moving average is $13.20 and its 200-day moving average is $13.30. Burford Capital Limited has a one year low of $12.07 and a one year 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.