Yousif Capital Management LLC Trims Position in Burlington Stores, Inc. (NYSE:BURL)

Yousif Capital Management LLC decreased its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,796 shares of the company's stock after selling 1,007 shares during the period. Yousif Capital Management LLC's holdings in Burlington Stores were worth $6,498,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of Burlington Stores in the 3rd quarter valued at approximately $26,000. Fortitude Family Office LLC grew its stake in shares of Burlington Stores by 148.6% in the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company's stock valued at $26,000 after buying an additional 55 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Burlington Stores in the 3rd quarter valued at approximately $33,000. UMB Bank n.a. boosted its position in shares of Burlington Stores by 391.7% during the 3rd quarter. UMB Bank n.a. now owns 177 shares of the company's stock worth $47,000 after purchasing an additional 141 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its position 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 during the period.

Analyst Ratings Changes

A number of research firms recently weighed in on BURL. StockNews.com cut shares of Burlington Stores from a "buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Robert W. Baird boosted their price target on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. Telsey Advisory Group restated an "outperform" rating and issued a $310.00 price target on shares of Burlington Stores in a research note on Tuesday, November 26th. UBS Group upgraded shares of Burlington Stores from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $280.00 to $360.00 in a research note on Friday, January 10th. Finally, TD Cowen boosted their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. 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.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $317.87.

Insiders Place Their Bets

In other news, CMO Jennifer Vecchio sold 493 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $275.75, for a total value of $135,944.75. Following the sale, the chief marketing officer now directly owns 58,944 shares in the company, valued at $16,253,808. This represents a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 1,481 shares of company stock worth $421,892. 0.91% of the stock is owned by company insiders.

Burlington Stores Stock Performance

Shares of NYSE:BURL traded down $7.65 on Monday, reaching $252.39. The company's stock had a trading volume of 1,094,290 shares, compared to its average volume of 762,825. Burlington Stores, Inc. has a 52-week low of $174.64 and a 52-week 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. The stock's 50-day moving average is $286.32 and its two-hundred day moving average is $271.23. The stock has a market capitalization of $16.02 billion, a P/E ratio of 34.58, a PEG ratio of 1.24 and a beta of 1.62.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.01. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the business posted $0.98 earnings per share. The firm's revenue for the quarter was up 10.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current year.

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.