Alyeska Investment Group L.P. Has $87.04 Million Stock Holdings in Burlington Stores, Inc. (NYSE:BURL)

with the Securities and Exchange Commission (SEC). The institutional investor owned 3,827,906 shares of the company’s stock after acquiring an additional 3,795,906 shares during the period. Alyeska Investment Group L.P. has raised its holdings in Burlington Stores, Inc. by 12,888.1%.

According to the latest 13F filing by the SEC, the stock of the company increased by 12,888.1% in the fourth quarter. The institutional investor held 429,256 of the company stock, after buying an additional 425.951 during the quarter. Burlington Stores represents approximately 0.9% Alyeska Investment Group L.P.'s portfolio of investments, making it the 16th largest position. Alyeska Investment Group L.P. held about 0.65% in Burlington Stores, worth $87.036,000, at the end the last quarter.

BURL has also been the subject of recent changes by a number of large investors. Salem Investment Counselors Inc. increased its shares of Burlington Stores during the second quarter by 58.2%. Salem Investment Counselors Inc. owns 193 of the company stock, valued at $26,000. This is after purchasing 71 additional shares during the last quarter. Standard Family Office LLC purchased a new stake of Burlington Stores shares during the third quarter, valued at $27,000. Concord Wealth Partners purchased a new stake of shares in Burlington Stores for $40,000. U.S. Capital Wealth Advisors LLC purchased a stake in Burlington Stores shares during the fourth quarter. The new stake was valued at $40,000. KB Financial Partners LLC increased its stake in Burlington Stores shares by 68.8% over the first quarter. On Tuesday, 21st March, 500 shares of stock were sold. Stock was sold for $106,130.00 at an average of $212.26. After the transaction, the Director now owns 8,154 company shares valued at $1,730.768.04. The company sold 47,153 of its shares in a deal that took place on Friday, 17th March. The stock was bought at a price of $209.46 on average, resulting in a value of $9.876,667.38. The chief marketing officer owns now 55,173 company shares, worth approximately $11,556,536.58. William P. Mcnamara, the director of the company, sold 500 shares in a deal that took place on Tuesday, 21st March. The shares were sold for an average price $212.26 and a total of $106,130.00. After the completion of this transaction, the director owns 8,154 company shares, worth approximately $1,730.768.04. Insiders of the company own 0.71%.

Burlington Stores Stock Up 5.2 %

During Monday's midday trading, a total of $153.11 was traded. The average trading volume for the stock is 1,043,141 shares. The market capitalization is $9.93 billion. It has a P/E of 40.61 and a PEG of 0.74. The company's current ratio is 1.16. Its quick ratio is 0.44. And its debt-to equity ratio is 1.68. Burlington Stores, Inc. had a low of $106,47 in the past 12 months and a high of $239.94. The company's fifty-day moving average is $175.91, and its two-hundred-day moving average is $199.42.

The company released its last quarterly earnings report on Thursday, 25th May. The company's earnings per share for the quarter were $0.84, which was $0.09 below analysts' expectations of $0.93. Revenue for the quarter was $2.13 billion, which is lower than analyst expectations of $2.18. Burlington Stores's net margin was 2.77%, and its return on equity was 41.79%. Burlington Stores saw its revenue increase 10.8% year-over-year for the third quarter. In the same quarter of last year, Burlington Stores posted $0.54 in earnings per share. Analysts expect Burlington Stores, Inc. to post 5.86 EPS in the current fiscal.

Analyst Upgrades and downgrades

Recently, several brokerages published reports on BURL. In a report published on March 3rd, Deutsche Bank Aktiengesellschaft increased their target price for Burlington Stores to $235.00 from $214.00. They also gave the stock an 'buy rating'. Bank of America reduced their target price for Burlington Stores in a report published on Friday, 26th May from $250.00 down to $240.00. Telsey Advisory Group reaffirmed a 'outperform rating' and set a $250.00 target price for shares of Burlington Stores on Friday, 3rd March. On Thursday, 18th May, a research report began covering Burlington Stores. The company was given a "hold" rating. One analyst gave the stock a "sell" rating, while three others issued a "hold" rating. According to MarketBeat Burlington Stores' average rating is 'Moderate buy' with a consensus price target of $222.76.

Burlington Stores Profile

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Burlington Stores, Inc is a retailer in the United States of branded clothing products. The company offers a wide range of fashion-oriented merchandise including menswear and youth apparel as well as accessories, toys and gifts. It also sells baby, home and beauty products.

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