SG Americas Securities LLC Purchases 23,241 Shares of Burford Capital Limited (NYSE:BUR)

SG Americas Securities LLC increased its position in shares of Burford Capital Limited (NYSE:BUR) by 302.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,926 shares of the company’s stock after buying an additional 23,241 shares during the period. SG Americas Securities LLC’s holdings in Burford Capital were worth $394,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State Street Corp boosted its holdings in Burford Capital by 24.6% in the 3rd quarter. State Street Corp now owns 2,946,927 shares of the company’s stock valued at $39,076,000 after purchasing an additional 582,514 shares during the period. Claar Advisors LLC raised its stake in shares of Burford Capital by 22.7% in the 3rd quarter. Claar Advisors LLC now owns 595,446 shares of the company’s stock valued at $7,896,000 after buying an additional 110,000 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Burford Capital by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company’s stock valued at $6,369,000 after buying an additional 2,277 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Burford Capital by 15.7% in the 3rd quarter. HighTower Advisors LLC now owns 314,037 shares of the company’s stock valued at $4,154,000 after buying an additional 42,699 shares in the last quarter. Finally, Crawford Fund Management LLC raised its stake in shares of Burford Capital by 12.0% in the 3rd quarter. Crawford Fund Management LLC now owns 287,446 shares of the company’s stock valued at $3,812,000 after buying an additional 30,700 shares in the last quarter.

Burford Capital Trading Down 1.5 %

Shares of BUR stock opened at $13.84 on Tuesday. Burford Capital Limited has a 52-week low of $12.07 and a 52-week high of $16.77. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 11.93 and a beta of 0.58. 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 fifty day moving average of $13.33 and a 200-day moving average of $13.35.

Burford Capital (NYSE:BUR) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.31. The company had revenue of $249.11 million during the quarter, compared to analysts’ expectations of $137.00 million. Burford Capital had a net margin of 34.81% and a return on equity of 8.07%. During the same quarter in the prior year, the company posted $1.22 EPS. On average, equities research analysts forecast that Burford Capital Limited will post 1.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Burford Capital news, CEO Christopher P. Bogart sold 90,000 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total value of $1,314,900.00. Following the completion of the sale, the chief executive officer now owns 452,185 shares in the company, valued at approximately $6,606,422.85. This trade represents a 16.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider David Perla sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $43,830.00. Following the completion of the sale, the insider now owns 82,489 shares of the company’s stock, valued at $1,205,164.29. The trade was a 3.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,500 shares of company stock worth $1,468,305 in the last quarter. 0.19% of the stock is owned by corporate insiders.

About Burford Capital

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.