Kiker Wealth Management LLC Takes Position in Burlington Stores, Inc. (NYSE:BURL)

Kiker Wealth Management LLC acquired a new position in Burlington Stores, Inc. (NYSE:BURL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,677 shares of the company's stock, valued at approximately $1,048,000.

Several other institutional investors have also added to or reduced their stakes in the company. OneDigital Investment Advisors LLC raised its stake in shares of Burlington Stores by 5.5% during the third quarter. OneDigital Investment Advisors LLC now owns 1,027 shares of the company's stock valued at $271,000 after acquiring an additional 54 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Burlington Stores by 5.4% during the 3rd quarter. CIBC Asset Management Inc now owns 2,283 shares of the company's stock worth $602,000 after purchasing an additional 116 shares during the period. Natixis Advisors LLC increased its holdings in Burlington Stores by 66.3% during the 3rd quarter. Natixis Advisors LLC now owns 22,419 shares of the company's stock worth $5,907,000 after purchasing an additional 8,939 shares during the period. Fifth Third Wealth Advisors LLC raised its position in Burlington Stores by 9.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,226 shares of the company's stock valued at $587,000 after purchasing an additional 201 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Burlington Stores in the 3rd quarter worth $594,000.

Burlington Stores Stock Down 1.5 %

NYSE:BURL traded down $3.67 during mid-day trading on Tuesday, hitting $244.88. 668,423 shares of the company's stock traded hands, compared to its average volume of 937,452. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17. The company has a market capitalization of $15.48 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.11 and a beta of 1.73. The company has a fifty day moving average of $257.35 and a 200 day moving average of $266.95. Burlington Stores, Inc. has a twelve month low of $174.64 and a twelve month high of $298.89.

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Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $4.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 4.49% and a return on equity of 47.52%. On average, analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $284.95, for a total transaction of $140,765.30. Following the sale, the chief marketing officer now owns 59,437 shares in the company, 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 Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have sold 5,926 shares of company stock worth $1,461,774. 0.91% of the stock is owned by corporate insiders.

Analyst Ratings Changes

BURL has been the topic of several research reports. TD Cowen raised their price target on Burlington Stores from $334.00 to $339.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Barclays raised their target price 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. Morgan Stanley boosted their price target on shares of Burlington Stores from $296.00 to $297.00 and gave the company 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 on the stock in a research note on Friday, March 7th. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $340.00 price objective on shares of Burlington Stores in a report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Burlington Stores presently has an average rating of "Moderate Buy" and an average price target of $323.20.

Burlington Stores 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.