Creative Planning Has $295,000 Stake in Burford Capital Limited (NYSE:BUR)

Creative Planning raised its position in Burford Capital Limited (NYSE:BUR) by 92.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 22,255 shares of the company’s stock after purchasing an additional 10,667 shares during the period. Creative Planning’s holdings in Burford Capital were worth $295,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Amalgamated Bank acquired a new position in shares of Burford Capital in the 2nd quarter worth approximately $90,000. Paloma Partners Management Co acquired a new position in shares of Burford Capital in the 1st quarter worth approximately $192,000. Xponance Inc. acquired a new position in shares of Burford Capital in the 2nd quarter worth approximately $166,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Burford Capital in the 1st quarter worth approximately $238,000. Finally, Principal Financial Group Inc. acquired a new position in shares of Burford Capital in the 2nd quarter worth approximately $256,000.

Wall Street Analysts Forecast Growth

BUR has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Burford Capital in a research report on Friday, September 6th. They set a “buy” rating and a $18.00 target price on the stock. Wedbush reiterated an “outperform” rating and set a $18.00 target price on shares of Burford Capital in a research report on Friday, August 9th.

Burford Capital Trading Down 3.0 %

Burford Capital stock opened at $13.82 on Friday. The firm’s fifty day moving average is $13.40 and its 200 day moving average is $13.70. The company has a current ratio of 11.01, a quick ratio of 11.01 and a debt-to-equity ratio of 0.55. Burford Capital Limited has a 12-month low of $12.07 and a 12-month high of $16.77.

Burford Capital (NYSE:BUR) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.10). The business had revenue of $159.65 million for the quarter, compared to the consensus estimate of $153.00 million. Burford Capital had a net margin of 45.81% and a return on equity of 12.58%. As a group, research analysts predict that Burford Capital Limited will post 1.09 EPS for the current fiscal year.

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.