Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Affinity Capital Advisors LLC

Affinity Capital Advisors LLC reduced its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 25.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,965 shares of the company’s stock after selling 655 shares during the quarter. Affinity Capital Advisors LLC’s holdings in Burlington Stores were worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA grew its position in shares of Burlington Stores by 1,048.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 730,524 shares of the company’s stock valued at $192,478,000 after purchasing an additional 666,934 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Burlington Stores by 2,542.2% in the second quarter. AQR Capital Management LLC now owns 247,970 shares of the company’s stock valued at $59,114,000 after purchasing an additional 238,585 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Burlington Stores by 54.8% in the second quarter. Dimensional Fund Advisors LP now owns 587,376 shares of the company’s stock valued at $140,968,000 after purchasing an additional 207,959 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Burlington Stores in the second quarter valued at approximately $47,725,000. Finally, Anomaly Capital Management LP grew its position in shares of Burlington Stores by 34.6% in the second quarter. Anomaly Capital Management LP now owns 730,175 shares of the company’s stock valued at $175,242,000 after purchasing an additional 187,760 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on BURL shares. Telsey Advisory Group reiterated an “outperform” rating and issued a $310.00 price target on shares of Burlington Stores in a research report on Tuesday, November 26th. TD Cowen increased their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Evercore ISI raised their target price on shares of Burlington Stores from $315.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. UBS Group upgraded shares of Burlington Stores from a “neutral” rating to a “buy” rating and raised their target price for the stock from $280.00 to $360.00 in a research report on Friday, January 10th. Finally, Robert W. Baird raised their target price on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $313.00.

Insider Activity

In related news, CMO Jennifer Vecchio sold 494 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total transaction of $140,765.30. Following the completion of the sale, the chief marketing officer now directly 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 Securities & Exchange Commission, which is accessible through this link. Insiders own 0.91% of the company’s stock.

Burlington Stores Stock Performance

NYSE:BURL opened at $283.62 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. The company has a market cap of $18.00 billion, a P/E ratio of 38.85, a P/E/G ratio of 1.58 and a beta of 1.63. Burlington Stores, Inc. has a fifty-two week low of $174.64 and a fifty-two week high of $298.89. The firm’s 50 day moving average is $281.94 and its two-hundred day moving average is $265.87.

Burlington Stores (NYSE:BURL) last issued its earnings results on Tuesday, November 26th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.01. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the firm posted $0.98 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Analysts expect 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.