Emeth Value Capital LLC Makes New $17.98 Million Investment in Burford Capital Limited (NYSE:BUR)

Emeth Value Capital LLC bought a new position in Burford Capital Limited (NYSE:BUR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,410,162 shares of the company’s stock, valued at approximately $17,980,000. Burford Capital accounts for 14.5% of Emeth Value Capital LLC’s investment portfolio, making the stock its 4th largest holding. Emeth Value Capital LLC owned about 0.64% of Burford Capital at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. State Street Corp raised 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 acquiring an additional 582,514 shares during the period. Claar Advisors LLC grew its position in Burford Capital by 22.7% in the third 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. Charles Schwab Investment Management Inc. grew its position in Burford Capital by 0.5% in 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. HighTower Advisors LLC grew its position in Burford Capital by 15.7% in the third 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 in the last quarter. Finally, Crawford Fund Management LLC grew its position in Burford Capital by 12.0% in the third quarter. Crawford Fund Management LLC now owns 287,446 shares of the company’s stock valued at $3,812,000 after purchasing an additional 30,700 shares in the last quarter.

Burford Capital Stock Down 2.3 %

Burford Capital stock opened at $14.38 on Thursday. The company has a market cap of $3.15 billion, a P/E ratio of 12.39 and a beta of 0.56. Burford Capital Limited has a 1-year low of $12.07 and a 1-year high of $16.77. The company has a fifty day simple moving average of $13.31 and a 200 day simple moving average of $13.36. The company has a current ratio of 15.75, a quick ratio of 15.75 and a debt-to-equity ratio of 0.54.

Burford Capital (NYSE:BUR) last released its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.31. The business had revenue of $249.11 million during the quarter, compared to the consensus estimate 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 last year, the firm earned $1.22 earnings per share. Research analysts anticipate that Burford Capital Limited will post 1.25 earnings per share for the current fiscal 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.