Burford Capital
About: Burford Capital Ltd is a finance firm providing litigation finance, insurance, and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a wide range of investment activities. It operates in two segments: Capital provision, which is the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in the group's managed funds; Asset management and other services, which includes the provision of services to the legal industry, including litigation insurance; and other corporate. The geographical segments include the United States, United Kingdom, Singapore, Hong Kong, China, and, Australia.
Employees: 161
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
59% more capital invested
Capital invested by funds: $5.1B [Q1] → $8.1B (+$3B) [Q2]
58% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 33
46% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 35
11% more funds holding
Funds holding: 141 [Q1] → 157 (+16) [Q2]
5.34% more ownership
Funds ownership: 47.66% [Q1] → 53.01% (+5.34%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 11 [Q1] → 11 (+0) [Q2]
29% less call options, than puts
Call options by funds: $12.3M | Put options by funds: $17.2M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Deutsche Bank Mark Devries 85% 1-year accuracy 29 / 34 met price target | 32%upside $18 | Buy Initiated | 6 Sept 2024 |
Wedbush David Chiaverini 73% 1-year accuracy 40 / 55 met price target | 32%upside $18 | Outperform Reiterated | 9 Aug 2024 |
Financial journalist opinion
Based on 7 articles about BUR published over the past 30 days
