Mraz Amerine & Associates Inc. Has $1.08 Million Stock Position in Burford Capital Limited (NYSE:BUR)

Mraz Amerine & Associates Inc. increased its stake in Burford Capital Limited (NYSE:BUR) by 24.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,331 shares of the company’s stock after acquiring an additional 13,776 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Burford Capital were worth $1,082,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Citigroup Inc. lifted its stake in shares of Burford Capital by 273,700.0% in the first quarter. Citigroup Inc. now owns 2,738 shares of the company’s stock worth $25,000 after acquiring an additional 2,737 shares during the period. Anchor Investment Management LLC acquired a new position in shares of Burford Capital in the fourth quarter worth approximately $31,000. Lazard Asset Management LLC acquired a new position in shares of Burford Capital in the second quarter worth approximately $31,000. Covestor Ltd lifted its stake in shares of Burford Capital by 75.9% in the third quarter. Covestor Ltd now owns 7,285 shares of the company’s stock worth $102,000 after acquiring an additional 3,144 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Burford Capital in the fourth quarter worth approximately $105,000.

Burford Capital Trading Up 0.6 %

Shares of Burford Capital stock traded up $0.09 during midday trading on Wednesday, reaching $15.05. The company had a trading volume of 1,709,390 shares, compared to its average volume of 889,746. Burford Capital Limited has a fifty-two week low of $11.78 and a fifty-two week high of $17.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 9.53 and a quick ratio of 9.53. The stock has a fifty day moving average price of $15.07 and a 200 day moving average price of $14.27. The firm has a market cap of $3.30 billion and a PE ratio of 5.49.

Burford Capital (NYSE:BUR) last issued its quarterly earnings results on Thursday, March 14th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.02). Burford Capital had a net margin of 56.17% and a return on equity of 20.99%. The business had revenue of $292.57 million during the quarter, compared to analyst estimates of $142.00 million. On average, equities analysts anticipate that Burford Capital Limited will post 2.04 earnings per share for the current year.

Burford Capital Increases Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be paid a $0.063 dividend. The ex-dividend date is Thursday, May 23rd. This is a positive change from Burford Capital’s previous Semi-Annual dividend of $0.06. This represents a yield of 1.7%. Burford Capital’s payout ratio is 4.38%.

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.