Metis Global Partners LLC Has $247,000 Stake in Burlington Stores, Inc. (NYSE:BURL)

Metis Global Partners LLC boosted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 5.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 867 shares of the company’s stock after buying an additional 48 shares during the period. Metis Global Partners LLC’s holdings in Burlington Stores were worth $247,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BURL. Janney Montgomery Scott LLC increased its position in Burlington Stores by 90.0% during the third quarter. Janney Montgomery Scott LLC now owns 4,482 shares of the company’s stock worth $1,181,000 after buying an additional 2,123 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Burlington Stores by 3,041.5% in the third quarter. Robeco Institutional Asset Management B.V. now owns 30,912 shares of the company’s stock valued at $8,145,000 after purchasing an additional 29,928 shares during the last quarter. National Pension Service grew its position in shares of Burlington Stores by 3.3% in the third quarter. National Pension Service now owns 118,719 shares of the company’s stock valued at $31,280,000 after purchasing an additional 3,817 shares during the last quarter. Asset Management One Co. Ltd. grew its position in shares of Burlington Stores by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 23,230 shares of the company’s stock valued at $6,121,000 after purchasing an additional 129 shares during the last quarter. Finally, Hanseatic Management Services Inc. acquired a new stake in shares of Burlington Stores in the third quarter valued at about $70,000.

Burlington Stores Stock Up 8.3 %

Shares of BURL opened at $256.63 on Friday. The stock has a market cap of $16.29 billion, a price-to-earnings ratio of 35.16, a P/E/G ratio of 1.11 and a beta of 1.62. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. Burlington Stores, Inc. has a 12 month low of $174.64 and a 12 month high of $298.89. The company has a 50-day moving average price of $270.03 and a two-hundred day moving average price of $269.80.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, March 6th. The company reported $4.07 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.32. The company had revenue of $3.28 billion during 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 analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analysts Set New Price Targets

BURL has been the topic of several research analyst 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 report on Thursday, December 12th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $340.00 price target on shares of Burlington Stores in a research report on Thursday. Citigroup raised their price target on Burlington Stores from $313.00 to $344.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Robert W. Baird raised their price target on Burlington Stores from $315.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Morgan Stanley increased their target price on shares of Burlington Stores from $285.00 to $305.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $319.87.

Insider Transactions at Burlington Stores

In related news, CMO Jennifer Vecchio sold 494 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total value of $140,765.30. Following the completion of the sale, the chief marketing officer now owns 59,437 shares of the company’s stock, valued at $16,936,573.15. This trade represents a 0.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company 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.