Burlington Stores, Inc. (NYSE:BURL) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 5.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 23,617 shares of the company's stock after purchasing an additional 1,198 shares during the period. Natixis Advisors LLC's holdings in Burlington Stores were worth $6,732,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BURL. Argonautica Private Wealth Management Inc. grew its stake 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 during the last quarter. IFP Advisors Inc boosted its holdings in shares of Burlington Stores by 81.6% in 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 in the last quarter. Legacy Capital Wealth Partners LLC grew its position in shares of Burlington Stores by 4.2% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 1,051 shares of the company's stock worth $300,000 after buying an additional 42 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised 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 acquiring an additional 46 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of Burlington Stores by 1.5% during the 3rd quarter. M&T Bank Corp now owns 3,089 shares of the company's stock valued at $813,000 after purchasing an additional 47 shares during the last quarter.

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Burlington Stores Price Performance

BURL traded down $3.67 on Tuesday, hitting $244.88. 668,350 shares of the company's stock were exchanged, compared to its average volume of 937,452. Burlington Stores, Inc. has a fifty-two week low of $174.64 and a fifty-two week high of $298.89. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 1.11 and a beta of 1.73. 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 firm has a 50-day moving average price of $257.35 and a 200-day moving average price of $266.95.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. TD Cowen boosted their price target on Burlington Stores from $334.00 to $339.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. 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 note 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 report on Thursday, March 6th. Robert W. Baird upped their target price on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Finally, Citigroup lowered their price target 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 issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $323.20.

Insider Activity

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of the company's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the completion of the transaction, the chief marketing officer now owns 70,006 shares in the company, valued at approximately $16,797,239.64. This represents a 6.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 5,926 shares of company stock valued at $1,461,774. Insiders own 0.91% of the company's stock.

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.