Pathstone Family Office LLC increased its stake in Burford Capital Limited (NYSE:BUR – Free Report) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 167,536 shares of the company’s stock after acquiring an additional 1,536 shares during the quarter. Pathstone Family Office LLC’s holdings in Burford Capital were worth $2,345,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new stake in shares of Burford Capital during the second quarter worth $31,000. Citigroup Inc. grew its holdings in shares of Burford Capital by 273,700.0% during the first quarter. Citigroup Inc. now owns 2,738 shares of the company’s stock worth $25,000 after buying an additional 2,737 shares in the last quarter. Covestor Ltd purchased a new stake in shares of Burford Capital during the second quarter worth $50,000. ExodusPoint Capital Management LP purchased a new stake in shares of Burford Capital during the first quarter worth $115,000. Finally, Boulder Hill Capital Management LP purchased a new stake in shares of Burford Capital during the second quarter worth $135,000.
Burford Capital Stock Performance
Shares of BUR stock opened at $14.36 on Friday. The company’s 50-day moving average price is $14.45 and its 200-day moving average price is $13.92. The company has a debt-to-equity ratio of 0.50, a current ratio of 9.68 and a quick ratio of 9.68. Burford Capital Limited has a twelve month low of $6.09 and a twelve month high of $17.70.
Analyst Ratings Changes
Separately, Wedbush lowered their price target on shares of Burford Capital from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Friday, November 10th.
Burford Capital Company Profile
Burford Capital Limited, through its subsidiaries, 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.
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