Burford Capital Limited (NYSE:BUR – Get Rating) gapped down before the market opened on Tuesday . The stock had previously closed at $7.42, but opened at $7.24. Burford Capital shares last traded at $7.24, with a volume of 23 shares changing hands.

Analyst Ratings Changes

BUR has been the subject of a number of research reports. Wedbush restated an "outperform" rating on shares of Burford Capital in a research report on Friday, June 10th. StockNews.com downgraded shares of Burford Capital from a "hold" rating to a "sell" rating in a research report on Wednesday, August 10th.

Burford Capital Price Performance

The business's 50-day simple moving average is $9.44 and its two-hundred day simple moving average is $9.63.

Burford Capital Announces Dividend

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Invesco Ltd. acquired a new position in shares of Burford Capital in the first quarter worth about $110,137,000. CI Investments Inc. raised its position in shares of Burford Capital by 7.4% during the 1st quarter. CI Investments Inc. now owns 11,531,792 shares of the company's stock worth $105,977,000 after purchasing an additional 798,779 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of Burford Capital by 3.4% during the 2nd quarter. Baillie Gifford & Co. now owns 1,674,507 shares of the company's stock worth $16,370,000 after purchasing an additional 54,550 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Burford Capital by 5.1% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,577,738 shares of the company's stock worth $15,466,000 after purchasing an additional 76,720 shares during the last quarter. Finally, Federated Hermes Inc. raised its position in shares of Burford Capital by 2.7% during the 1st quarter. Federated Hermes Inc. now owns 1,040,084 shares of the company's stock worth $9,558,000 after purchasing an additional 27,034 shares during the last quarter. Institutional investors and hedge funds own 5.67% of the company's stock.

Burford Capital Company Profile

(Get Rating)

Burford Capital Limited, through its subsidiaries, provides legal finance products and services. The company offers asset management services, including core legal finance, complex strategies, and post-settlement finance. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.

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