Burford Capital Limited (NYSE:BUR) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of Burford Capital Limited (NYSE:BUR - Free Report) by 13.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 393,325 shares of the company's stock after selling 61,340 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Burford Capital were worth $5,215,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BUR. BBR Partners LLC purchased a new position in Burford Capital in the third quarter valued at about $133,000. MetLife Investment Management LLC raised its holdings in shares of Burford Capital by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 116,066 shares of the company's stock valued at $1,539,000 after buying an additional 65,398 shares during the period. FMR LLC lifted its position in Burford Capital by 2,032.2% during the 3rd quarter. FMR LLC now owns 23,284 shares of the company's stock worth $308,000 after acquiring an additional 22,192 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Burford Capital by 0.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company's stock worth $6,369,000 after acquiring an additional 2,277 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in Burford Capital in the 3rd quarter worth approximately $265,000.

Burford Capital Stock Down 2.2 %

Shares of NYSE BUR traded down $0.30 during midday trading on Thursday, reaching $13.52. 541,872 shares of the company's stock were exchanged, compared to its average volume of 947,341. The company has a debt-to-equity ratio of 0.54, a quick ratio of 15.75 and a current ratio of 15.75. Burford Capital Limited has a 52-week low of $12.07 and a 52-week high of $16.77. The business's fifty day moving average price is $13.55 and its two-hundred day moving average price is $13.44. The stock has a market capitalization of $2.96 billion, a PE ratio of 11.84 and a beta of 0.48.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Burford Capital in a research note on Friday, September 6th. They set a "buy" rating and a $18.00 price objective on the stock.

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.