Schroder Investment Management Group Acquires 10,430 Shares of Burlington Stores, Inc. (NYSE:BURL)

Schroder Investment Management Group raised its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,270 shares of the company’s stock after buying an additional 10,430 shares during the quarter. Schroder Investment Management Group owned about 0.32% of Burlington Stores worth $57,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of BURL. IFP Advisors Inc boosted 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 buying an additional 40 shares during the last quarter. Fortitude Family Office LLC boosted its position in shares of Burlington Stores by 148.6% during the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company’s stock valued at $26,000 after acquiring an additional 55 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of Burlington Stores in the fourth quarter valued at $31,000. Farther Finance Advisors LLC increased its position in Burlington Stores by 104.5% in the fourth quarter. Farther Finance Advisors LLC now owns 135 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in Burlington Stores by 157.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 144 shares of the company’s stock valued at $41,000 after purchasing an additional 88 shares in the last quarter.

Burlington Stores Trading Up 0.3 %

NYSE BURL opened at $238.36 on Tuesday. Burlington Stores, Inc. has a 12 month low of $174.64 and a 12 month high of $298.89. The company’s 50-day moving average price is $252.81 and its 200-day moving average price is $266.12. The stock has a market cap of $15.07 billion, a PE ratio of 32.65, a PEG 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.

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

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total transaction of $140,765.30. Following the transaction, the chief marketing officer now owns 59,437 shares of the company’s stock, valued at approximately $16,936,573.15. This trade represents a 0.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 5,926 shares of company stock valued at $1,461,774 in the last ninety days. Corporate insiders own 0.91% of the company’s stock.

Wall Street Analyst Weigh In

BURL has been the subject of a number of recent research reports. Robert W. Baird lifted their price objective on shares of Burlington Stores from $330.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. TD Cowen lifted their price target on Burlington Stores from $334.00 to $339.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Barclays upped their price objective on Burlington Stores from $317.00 to $329.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Citigroup dropped their target price on Burlington Stores from $344.00 to $340.00 and set a “buy” rating for the company in a report on Friday, March 7th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $340.00 price target on shares of Burlington Stores in a report on Thursday, March 6th. One research 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, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus price target 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.