Burlington Stores, Inc. (NYSE:BURL) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 25.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,171 shares of the company's stock after selling 1,057 shares during the quarter. WINTON GROUP Ltd's holdings in Burlington Stores were worth $904,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BURL. IFP Advisors Inc raised its stake in shares of Burlington Stores by 81.6% during the 4th quarter. IFP Advisors Inc now owns 89 shares of the company's stock valued at $25,000 after buying an additional 40 shares during the last quarter. Fortitude Family Office LLC raised its position in shares of Burlington Stores by 148.6% in the fourth quarter. Fortitude Family Office LLC now owns 92 shares of the company's stock worth $26,000 after acquiring an additional 55 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of Burlington Stores during the 4th quarter worth about $31,000. Brooklyn Investment Group acquired a new stake in shares of Burlington Stores during the 3rd quarter valued at about $33,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Burlington Stores by 104.5% in the 4th quarter. Farther Finance Advisors LLC now owns 135 shares of the company's stock valued at $38,000 after purchasing an additional 69 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. UBS Group boosted their target price on shares of Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. TD Cowen upped their target price on Burlington Stores from $334.00 to $339.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Morgan Stanley lifted their price target on Burlington Stores from $296.00 to $297.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Citigroup dropped their price objective on shares of Burlington Stores from $344.00 to $340.00 and set a "buy" rating for the company in a report on Friday, March 7th. Finally, Barclays lifted their target price on shares of Burlington Stores from $317.00 to $329.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, Burlington Stores has an average rating of "Moderate Buy" and an average price target of $323.20.

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Burlington Stores Stock Performance

BURL traded down $19.50 during trading on Thursday, hitting $235.59. 722,870 shares of the stock were exchanged, compared to its average volume of 1,096,801. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $14.89 billion, a P/E ratio of 32.27, a PEG ratio of 1.11 and a beta of 1.73. Burlington Stores, Inc. has a 1-year low of $174.64 and a 1-year high of $298.89. The stock has a fifty day moving average price of $251.21 and a two-hundred day moving average price of $265.80.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $4.07 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.32. The firm had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.25 billion. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. As a group, sell-side analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 4,939 shares of Burlington Stores stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the completion of the sale, the chief marketing officer now owns 70,006 shares in the company, valued at approximately $16,797,239.64. This trade represents a 6.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.91% of the stock is owned by corporate insiders.

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.