Burford Capital Limited $BUR Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Burford Capital Limited (NYSE:BUR) by 3,454.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 874,259 shares of the company’s stock after purchasing an additional 849,665 shares during the quarter. SG Americas Securities LLC’s holdings in Burford Capital were worth $7,798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BUR. Strs Ohio acquired a new stake in shares of Burford Capital in the 1st quarter valued at approximately $55,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Burford Capital in the third quarter worth $120,000. State of Alaska Department of Revenue purchased a new position in Burford Capital in the third quarter worth $124,000. Schonfeld Strategic Advisors LLC acquired a new stake in Burford Capital in the third quarter valued at $128,000. Finally, GWN Securities Inc. acquired a new stake in Burford Capital in the third quarter valued at $132,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BUR. Wall Street Zen cut shares of Burford Capital from a “hold” rating to a “sell” rating in a research note on Sunday, December 21st. Wedbush reiterated a “neutral” rating and issued a $4.75 price objective (down from $6.00) on shares of Burford Capital in a research note on Monday. Zacks Research downgraded shares of Burford Capital from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Bank of America assumed coverage on shares of Burford Capital in a research report on Wednesday, February 18th. They set a “buy” rating on the stock. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Burford Capital in a report on Friday. Three research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.00.

Burford Capital Stock Down 2.3%

BUR opened at $4.05 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 10.93 and a current ratio of 10.93. The company has a market cap of $885.45 million, a price-to-earnings ratio of 14.98, a PEG ratio of 0.11 and a beta of 0.66. Burford Capital Limited has a one year low of $3.59 and a one year high of $15.10. The business’s fifty day moving average is $8.69 and its two-hundred day moving average is $9.61.

Burford Capital (NYSE:BUR) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.54). The firm had revenue of $48.78 million during the quarter, compared to analysts’ expectations of $168.30 million. Burford Capital had a net margin of 15.14% and a return on equity of 1.97%. Analysts anticipate that Burford Capital Limited will post 1.28 EPS for the current fiscal year.

Burford Capital Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be paid a $0.0625 dividend. This represents a yield of 147.0%. The ex-dividend date of this dividend is Friday, May 22nd. Burford Capital’s dividend payout ratio is presently 44.44%.

Key Stories Impacting Burford Capital

Here are the key news stories impacting Burford Capital this week:

• Positive Sentiment: Wedbush cut its price target from $13 to $6 but retained an “outperform” rating, signaling the firm still sees meaningful upside versus current levels. Read More.
• Neutral Sentiment: Burford issued a further statement on the Second Circuit decision, reiterating its view and answering investor questions — the company is communicating but outcome uncertainty remains. Read More.
• Neutral Sentiment: Broker comment roundup mentions Burford among other UK/energy/real-estate names; these broker notes may generate trading but contain mixed views. Read More.
• Negative Sentiment: The US Court of Appeals for the Second Circuit overturned the YPF judgment that underpinned a major Burford asset, removing a previously recognized recoverable value and triggering the market reaction. Read More.
• Negative Sentiment: Berenberg and other brokers cut target prices after the court reversal, reflecting lower recoverable case value and higher uncertainty for listed litigation funders. Read More.
• Negative Sentiment: Market reaction: Burford shares fell sharply (reports cite a >40% drop on Friday), and the stock hit a new 52-week low as investors reprice litigation assets and tail risk. Read More.
• Negative Sentiment: Additional market note: LSE/market updates and commentary confirm the appeals-court reversal as the proximate cause of the sell-off and analyst revisions. Read More.

About Burford Capital

Burford Capital (NYSE: BUR) is a leading global finance firm that specializes in litigation and arbitration funding, risk management, and asset recovery. The company provides capital to law firms and corporate clients to finance legal fees and associated costs in commercial disputes. In exchange for funding, Burford shares in any awards or settlements, enabling clients to pursue meritorious claims without bearing upfront legal expenses.

Founded in 2009 by Christopher Bogart, Burford was among the first firms to establish a dedicated litigation finance business.