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
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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