Emeth Value Capital LLC Takes $17.98 Million Position in Burford Capital Limited (NYSE:BUR)

Emeth Value Capital LLC purchased a new position in shares of Burford Capital Limited (NYSE:BUR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,410,162 shares of the company's stock, valued at approximately $17,980,000. Burford Capital makes up approximately 14.5% of Emeth Value Capital LLC's investment portfolio, making the stock its 4th biggest position. Emeth Value Capital LLC owned about 0.64% of Burford Capital as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position 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 purchasing an additional 42,699 shares during the last quarter. State Street Corp grew its holdings in shares of Burford Capital by 24.6% during the third quarter. State Street Corp now owns 2,946,927 shares of the company's stock worth $39,076,000 after purchasing an additional 582,514 shares during the last quarter. Evergreen Wealth Management LLC acquired a new stake in shares of Burford Capital during the third quarter worth about $1,434,000. Central Pacific Bank Trust Division lifted its holdings in shares of Burford Capital by 27.8% in the 4th quarter. Central Pacific Bank Trust Division now owns 25,350 shares of the company's stock valued at $323,000 after purchasing an additional 5,510 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Burford Capital by 12.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 279,427 shares of the company's stock valued at $3,705,000 after purchasing an additional 30,355 shares during the period.

Insider Transactions at Burford Capital

In other Burford Capital news, CEO Christopher P. Bogart sold 90,000 shares of the firm's stock in a transaction on Tuesday, January 28th. The stock was 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 of the company's stock, valued at approximately $6,606,422.85. This trade represents a 16.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David Perla sold 3,000 shares of the company's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total transaction of $43,830.00. Following the transaction, the insider now directly owns 82,489 shares in the company, valued at approximately $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. Over the last quarter, insiders sold 100,500 shares of company stock worth $1,468,305. Company insiders own 0.19% of the company's stock.

Burford Capital Stock Performance

BUR traded down $0.18 during trading on Monday, hitting $13.87. 435,694 shares of the stock were exchanged, compared to its average volume of 852,465. The company has a quick ratio of 15.75, a current ratio of 15.75 and a debt-to-equity ratio of 0.54. Burford Capital Limited has a 1-year low of $12.07 and a 1-year high of $16.77. The stock has a fifty day moving average price of $13.32 and a two-hundred day moving average price of $13.36. The firm has a market capitalization of $3.04 billion, a P/E ratio of 11.96 and a beta of 0.58.

Burford Capital (NYSE:BUR - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.31. Burford Capital had a net margin of 34.81% and a return on equity of 8.07%. The business had revenue of $249.11 million for the quarter, compared to analysts' expectations of $137.00 million. During the same period in the previous year, the company posted $1.22 EPS. As a group, sell-side analysts predict that Burford Capital Limited will post 1.25 earnings per share for the current year.

Burford Capital 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.