Burlington Stores, Inc. (NYSE:BURL) Stock Holdings Cut by Headlands Technologies LLC

Headlands Technologies LLC lessened its position in Burlington Stores, Inc. (NYSE:BURL) by 70.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 503 shares of the company’s stock after selling 1,179 shares during the period. Headlands Technologies LLC’s holdings in Burlington Stores were worth $143,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BURL. Argonautica Private Wealth Management Inc. lifted its holdings in Burlington Stores by 1.1% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company’s stock valued at $1,063,000 after acquiring an additional 39 shares during the last quarter. IFP Advisors Inc lifted its stake in Burlington Stores by 81.6% during the fourth quarter. IFP Advisors Inc now owns 89 shares of the company’s stock valued at $25,000 after purchasing an additional 40 shares during the last quarter. Legacy Capital Wealth Partners LLC boosted its holdings in Burlington Stores by 4.2% during the fourth 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 in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Burlington Stores by 36.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company’s stock worth $49,000 after buying an additional 46 shares during the last quarter. Finally, M&T Bank Corp grew its position in Burlington Stores by 1.5% in 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 last quarter.

Burlington Stores Price Performance

Shares of BURL opened at $230.52 on Friday. 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 firm has a market cap of $14.57 billion, a PE ratio of 31.58, a PEG ratio of 1.11 and a beta of 1.73. The firm’s 50 day moving average price is $248.86 and its 200 day moving average price is $265.27. Burlington Stores, Inc. has a twelve month low of $174.64 and a twelve month high of $298.89.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, March 6th. The company reported $4.07 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.32. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.25 billion. As a group, research analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Insider Transactions at Burlington Stores

In other news, CMO Jennifer Vecchio sold 4,939 shares of the business’s stock in a transaction that occurred on 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 sale, the chief marketing officer now directly owns 70,006 shares in the company, valued at approximately $16,797,239.64. The trade was a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Telsey Advisory Group restated an “outperform” rating and issued a $340.00 target price on shares of Burlington Stores in a report on Thursday, March 6th. Robert W. Baird boosted their price objective on Burlington Stores from $330.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Citigroup reduced their price objective on shares of Burlington Stores from $344.00 to $340.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Barclays boosted their price target on shares of Burlington Stores from $317.00 to $329.00 and gave the company an “overweight” rating in a report on Friday, March 7th. Finally, Morgan Stanley raised their price objective on shares of Burlington Stores from $296.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $323.20.

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.