Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC decreased its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 244,053 shares of the company’s stock after selling 9,999 shares during the quarter. Los Angeles Capital Management LLC owned about 0.38% of Burlington Stores worth $69,570,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. IFP Advisors Inc raised its stake in shares of Burlington Stores by 81.6% during the fourth quarter. IFP Advisors Inc now owns 89 shares of the company’s stock valued at $25,000 after purchasing an additional 40 shares in the last quarter. Legacy Capital Wealth Partners LLC raised its stake in shares of Burlington Stores by 4.2% during the fourth quarter. Legacy Capital Wealth Partners LLC now owns 1,051 shares of the company’s stock valued at $300,000 after purchasing an additional 42 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Burlington Stores by 36.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company’s stock worth $49,000 after acquiring an additional 46 shares in the last quarter. M&T Bank Corp raised its position in Burlington Stores by 1.5% in the third quarter. M&T Bank Corp now owns 3,089 shares of the company’s stock worth $813,000 after acquiring an additional 47 shares in the last quarter. Finally, Tributary Capital Management LLC raised its position in Burlington Stores by 1.0% in the third quarter. Tributary Capital Management LLC now owns 4,991 shares of the company’s stock worth $1,315,000 after acquiring an additional 50 shares in the last quarter.

Burlington Stores Stock Down 0.0 %

Shares of BURL stock opened at $235.77 on Tuesday. Burlington Stores, Inc. has a 12 month low of $174.64 and a 12 month high of $298.89. The firm has a market cap of $14.97 billion, a PE ratio of 32.30, a price-to-earnings-growth ratio of 1.11 and a beta of 1.62. The stock has a 50 day moving average of $276.44 and a 200-day moving average of $270.79. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35.

Burlington Stores (NYSE:BURL) last issued its earnings results on Tuesday, November 26th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.01. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. Burlington Stores’s revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.98 earnings per share. On average, equities analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on BURL shares. TD Cowen boosted their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Citigroup boosted their price target on shares of Burlington Stores from $313.00 to $344.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Morgan Stanley boosted their price target on shares of Burlington Stores from $285.00 to $305.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Robert W. Baird boosted their price target on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, UBS Group upgraded Burlington Stores from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $280.00 to $360.00 in a report on Friday, January 10th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $317.87.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 493 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $275.75, for a total value of $135,944.75. Following the sale, the chief marketing officer now directly owns 58,944 shares in the company, valued at $16,253,808. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 1,481 shares of company stock worth $421,892. 0.91% of the stock is owned by corporate insiders.

Burlington Stores Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.