Trillium Asset Management LLC Sells 1,731 Shares of Burlington Stores, Inc. (NYSE:BURL)

Trillium Asset Management LLC lowered its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,648 shares of the company's stock after selling 1,731 shares during the quarter. Trillium Asset Management LLC owned about 0.07% of Burlington Stores worth $11,872,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC boosted its position in Burlington Stores by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,074,960 shares of the company's stock valued at $282,582,000 after acquiring an additional 18,160 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Burlington Stores by 1,048.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 730,524 shares of the company's stock valued at $192,478,000 after acquiring an additional 666,934 shares during the last quarter. Jennison Associates LLC boosted its position in Burlington Stores by 2.4% during the third quarter. Jennison Associates LLC now owns 510,074 shares of the company's stock valued at $134,394,000 after acquiring an additional 12,143 shares during the last quarter. Artemis Investment Management LLP boosted its position in Burlington Stores by 6.6% during the fourth quarter. Artemis Investment Management LLP now owns 396,938 shares of the company's stock valued at $113,151,000 after acquiring an additional 24,576 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Burlington Stores by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 395,950 shares of the company's stock valued at $112,870,000 after acquiring an additional 1,368 shares during the last quarter.

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Burlington Stores Stock Down 1.0 %

NYSE BURL traded down $2.41 during trading hours on Friday, hitting $234.16. The company's stock had a trading volume of 1,287,810 shares, compared to its average volume of 937,193. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $14.80 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 1.11 and a beta of 1.73. Burlington Stores, Inc. has a 52 week low of $174.64 and a 52 week high of $298.89. The company's 50-day simple moving average is $258.08 and its two-hundred day simple moving average is $267.06.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $4.07 EPS for the quarter, beating the consensus estimate of $3.75 by $0.32. The firm had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.25 billion. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. Research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on BURL shares. Barclays upped their price target on shares of Burlington Stores from $317.00 to $329.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. TD Cowen increased their price objective 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 cut their price objective on shares of Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Telsey Advisory Group reissued an "outperform" rating and set a $340.00 price objective on shares of Burlington Stores in a research report on Thursday, March 6th. Finally, Evercore ISI increased their price objective on shares of Burlington Stores from $315.00 to $340.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, Burlington Stores presently has an average rating of "Moderate Buy" and a consensus target price of $323.20.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 494 shares of Burlington Stores stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total value of $140,765.30. Following the sale, the chief marketing officer now owns 59,437 shares of the company's stock, valued at approximately $16,936,573.15. The trade was a 0.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.91% of the company's stock.

Burlington Stores Company 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.