Vinva Investment Management Ltd Has $4.32 Million Stock Holdings in Burlington Stores, Inc. (NYSE:BURL)

Vinva Investment Management Ltd raised its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 263.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,303 shares of the company's stock after acquiring an additional 11,818 shares during the period. Vinva Investment Management Ltd's holdings in Burlington Stores were worth $4,323,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BURL. Tidal Investments LLC grew its position in Burlington Stores by 178.4% in the first quarter. Tidal Investments LLC now owns 6,163 shares of the company's stock valued at $1,431,000 after acquiring an additional 3,949 shares during the period. Swedbank AB bought a new stake in shares of Burlington Stores during the first quarter worth $1,101,000. Cetera Investment Advisers bought a new stake in shares of Burlington Stores during the first quarter worth $2,851,000. GAMMA Investing LLC grew its holdings in shares of Burlington Stores by 20.4% during the second quarter. GAMMA Investing LLC now owns 313 shares of the company's stock worth $75,000 after purchasing an additional 53 shares during the last quarter. Finally, DNB Asset Management AS grew its holdings in shares of Burlington Stores by 17.9% during the second quarter. DNB Asset Management AS now owns 11,429 shares of the company's stock worth $2,743,000 after purchasing an additional 1,733 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on BURL shares. UBS Group increased their target price on Burlington Stores from $270.00 to $280.00 and gave the stock a "neutral" rating in a report on Thursday, November 14th. Bank of America raised their price target on Burlington Stores from $275.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, August 30th. Robert W. Baird raised their price target on Burlington Stores from $315.00 to $330.00 and gave the stock an "outperform" rating in a research report on Wednesday. Morgan Stanley raised their price target on Burlington Stores from $285.00 to $305.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, The Goldman Sachs Group raised their price target on Burlington Stores from $278.00 to $310.00 and gave the stock a "buy" rating in a research report on Friday, August 30th. Two investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $307.69.

Burlington Stores Stock Down 2.2 %

BURL stock traded down $6.24 during mid-day trading on Friday, reaching $282.12. The company had a trading volume of 677,005 shares, compared to its average volume of 900,704. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.48. The stock has a 50 day simple moving average of $262.68 and a two-hundred day simple moving average of $249.98. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 39.50, a PEG ratio of 1.48 and a beta of 1.64. Burlington Stores, Inc. has a 52 week low of $168.49 and a 52 week high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.02. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the company earned $0.98 earnings per share. The business's revenue was up 10.5% compared to the same quarter last year. As a group, equities analysts predict that Burlington Stores, Inc. will post 7.9 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Burlington Stores news, Director Paul Sullivan sold 1,705 shares of Burlington Stores stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $277.05, for a total value of $472,370.25. Following the completion of the transaction, the director now directly owns 7,393 shares of the company's stock, valued at $2,048,230.65. The trade was a 18.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.91% of the stock is currently owned by insiders.

About Burlington Stores

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.