Burlington Stores, Inc. (NYSE:BURL) Position Increased by Capital International Investors

Capital International Investors grew its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 7.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,160,096 shares of the company's stock after purchasing an additional 367,703 shares during the period. Capital International Investors owned approximately 8.13% of Burlington Stores worth $1,470,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Argonautica Private Wealth Management Inc. boosted its stake in shares of Burlington Stores by 1.1% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company's stock worth $1,063,000 after acquiring an additional 39 shares in the last quarter. IFP Advisors Inc increased its holdings in 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 acquiring an additional 40 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings in shares of Burlington Stores by 4.2% in 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 increased its stake in shares of Burlington Stores by 36.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company's stock worth $49,000 after purchasing an additional 46 shares in the last quarter. Finally, Metis Global Partners LLC grew its holdings in Burlington Stores by 5.9% during the 4th quarter. Metis Global Partners LLC now owns 867 shares of the company's stock valued at $247,000 after buying an additional 48 shares during the last quarter.

Insider Buying and Selling

In other news, CMO Jennifer Vecchio sold 4,939 shares of the business's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $239.94, for a total value of $1,185,063.66. Following the completion of the sale, the chief marketing officer now owns 70,006 shares of the company's stock, valued at approximately $16,797,239.64. The trade was a 6.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on BURL shares. Barclays increased their price objective on Burlington Stores from $317.00 to $329.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. decreased their price target on shares of Burlington Stores from $336.00 to $287.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Telsey Advisory Group reissued an "outperform" rating and issued a $340.00 price objective on shares of Burlington Stores in a research report on Thursday, March 6th. Robert W. Baird boosted their price target on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a report on Friday, March 7th. Finally, Citigroup lowered their price objective on Burlington Stores from $344.00 to $340.00 and set a "buy" rating for the company in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, Burlington Stores currently has an average rating of "Moderate Buy" and a consensus price target of $323.13.

Burlington Stores Stock Up 2.5 %

NYSE BURL traded up $5.45 on Wednesday, reaching $221.23. The company had a trading volume of 541,530 shares, compared to its average volume of 978,756. The firm has a market capitalization of $13.94 billion, a PE ratio of 30.31, a P/E/G ratio of 1.11 and a beta of 1.65. The firm has a 50-day moving average of $237.60 and a 200-day moving average of $261.67. Burlington Stores, Inc. has a 1 year low of $174.64 and a 1 year high of $298.89. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.54.

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

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.