Rhumbline Advisers Has $3.78 Million Stock Position in Burford Capital Limited (NYSE:BUR)

Rhumbline Advisers lifted its position in shares of Burford Capital Limited (NYSE:BUR) by 0.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 296,650 shares of the company’s stock after buying an additional 1,249 shares during the quarter. Rhumbline Advisers’ holdings in Burford Capital were worth $3,782,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BUR. Emeth Value Capital LLC acquired a new stake in shares of Burford Capital during the fourth quarter worth $17,980,000. State Street Corp lifted 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 buying an additional 582,514 shares in the last quarter. Claar Advisors LLC lifted its holdings in shares of Burford Capital by 22.7% during the third quarter. Claar Advisors LLC now owns 595,446 shares of the company’s stock worth $7,896,000 after buying an additional 110,000 shares in the last quarter. Evergreen Wealth Management LLC acquired a new stake in shares of Burford Capital during the third quarter worth $1,434,000. Finally, MetLife Investment Management LLC increased its position in shares of Burford Capital by 129.1% in the third quarter. MetLife Investment Management LLC now owns 116,066 shares of the company’s stock worth $1,539,000 after purchasing an additional 65,398 shares during the period.

Insider Buying and Selling

In other Burford Capital news, insider David Perla sold 3,000 shares of Burford Capital stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total value of $43,830.00. Following the transaction, the insider now owns 82,489 shares in the company, valued at $1,205,164.29. The trade was a 3.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, President Aviva O. Will sold 7,500 shares of Burford Capital stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total value of $109,575.00. Following the completion of the transaction, the president now owns 310,979 shares in the company, valued at approximately $4,543,403.19. This represents a 2.35 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 100,500 shares of company stock worth $1,468,305. Company insiders own 0.19% of the company’s stock.

Burford Capital Stock Up 0.3 %

Shares of NYSE BUR opened at $15.62 on Friday. 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 stock has a market capitalization of $3.42 billion, a P/E ratio of 13.46 and a beta of 0.58. The stock’s fifty day moving average is $13.98 and its 200 day moving average is $13.60.

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.