Greenland Capital Management LP Has $667,000 Stake in Burlington Stores, Inc. (NYSE:BURL)

Greenland Capital Management LP raised its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 133.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,339 shares of the company's stock after buying an additional 1,339 shares during the period. Greenland Capital Management LP's holdings in Burlington Stores were worth $667,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Argonautica Private Wealth Management Inc. boosted its holdings in Burlington Stores by 1.1% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company's stock valued at $1,063,000 after purchasing an additional 39 shares in the last quarter. IFP Advisors Inc grew its position in Burlington Stores by 81.6% during the 4th quarter. IFP Advisors Inc now owns 89 shares of the company's stock worth $25,000 after purchasing an additional 40 shares during the last quarter. Legacy Capital Wealth Partners LLC increased its stake in 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 during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Burlington Stores by 36.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company's stock valued at $49,000 after buying an additional 46 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in shares of Burlington Stores by 1.5% during the third quarter. M&T Bank Corp now owns 3,089 shares of the company's stock worth $813,000 after buying an additional 47 shares during the period.

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Burlington Stores Stock Up 0.2 %

BURL stock traded up $0.44 during mid-day trading on Monday, hitting $241.49. The stock had a trading volume of 428,369 shares, compared to its average volume of 1,180,098. Burlington Stores, Inc. has a 1-year low of $174.64 and a 1-year high of $298.89. The company has a fifty day moving average of $241.92 and a 200 day moving average of $263.38. 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 stock has a market capitalization of $15.21 billion, a price-to-earnings ratio of 33.08, a PEG ratio of 1.11 and a beta of 1.65.

Burlington Stores (NYSE:BURL - Get Free Report) last released 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. The firm had revenue of $3.28 billion for 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%. On average, equities analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Robert W. Baird upped their price objective on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. UBS Group raised their price objective on Burlington Stores from $360.00 to $405.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Morgan Stanley lifted their target price on shares of Burlington Stores from $296.00 to $297.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Telsey Advisory Group restated an "outperform" rating and issued a $340.00 price objective on shares of Burlington Stores in a research report on Thursday, March 6th. Finally, Barclays raised their target price on shares of Burlington Stores from $317.00 to $329.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Burlington Stores presently has a consensus rating of "Moderate Buy" and a consensus price target of $323.20.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of the firm's 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 transaction, the chief marketing officer now directly owns 70,006 shares in the company, valued at $16,797,239.64. This trade represents a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.91% of the stock is owned by company 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.