TrimTabs Asset Management LLC boosted its position in Burlington Stores Inc (NYSE:BURL) by 4.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,138 shares of the company’s stock after purchasing an additional 336 shares during the quarter. TrimTabs Asset Management LLC’s holdings in Burlington Stores were worth $1,118,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BURL. Bank of New York Mellon Corp increased its stake in shares of Burlington Stores by 1.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 356,306 shares of the company’s stock worth $58,049,000 after acquiring an additional 3,582 shares during the last quarter. Virtu Financial LLC increased its stake in shares of Burlington Stores by 35.0% in the 3rd quarter. Virtu Financial LLC now owns 1,864 shares of the company’s stock worth $304,000 after acquiring an additional 483 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Burlington Stores by 6.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 306,467 shares of the company’s stock worth $49,932,000 after acquiring an additional 19,753 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Burlington Stores in the 3rd quarter worth $459,000. Finally, Paloma Partners Management Co increased its stake in shares of Burlington Stores by 359.7% in the 3rd quarter. Paloma Partners Management Co now owns 6,799 shares of the company’s stock worth $1,108,000 after acquiring an additional 5,320 shares during the last quarter.

Shares of Burlington Stores stock opened at $155.74 on Wednesday. Burlington Stores Inc has a 12 month low of $132.35 and a 12 month high of $180.27. The stock has a market cap of $10.49 billion, a P/E ratio of 24.18, a PEG ratio of 1.29 and a beta of 0.14. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.02 and a quick ratio of 0.25.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, March 7th. The company reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.06. Burlington Stores had a return on equity of 226.76% and a net margin of 6.22%. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the business posted $3.59 EPS. Burlington Stores’s revenue for the quarter was up 3.2% on a year-over-year basis. As a group, equities analysts expect that Burlington Stores Inc will post 7.03 EPS for the current fiscal year.

A number of analysts recently issued reports on the company. Zacks Investment Research downgraded Burlington Stores from a “buy” rating to a “hold” rating in a research report on Tuesday, February 26th. Wedbush reissued a “neutral” rating and set a $155.00 price objective on shares of Burlington Stores in a research report on Friday, January 4th. Loop Capital raised their price objective on Burlington Stores to $185.00 and gave the stock a “buy” rating in a research report on Friday, December 28th. Telsey Advisory Group downgraded Burlington Stores from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $190.00 to $165.00 in a research report on Friday, March 8th. Finally, ValuEngine downgraded Burlington Stores from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $176.50.

In other news, CFO Marc Katz sold 7,500 shares of Burlington Stores stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $173.12, for a total value of $1,298,400.00. Following the completion of the transaction, the chief financial officer now owns 96,154 shares in the company, valued at approximately $16,646,180.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Fred Hand sold 6,486 shares of Burlington Stores stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $140.00, for a total value of $908,040.00. Following the completion of the transaction, the insider now owns 61,282 shares of the company’s stock, valued at approximately $8,579,480. The disclosure for this sale can be found here. Insiders have sold a total of 86,320 shares of company stock valued at $13,734,532 over the last 90 days. 1.91% of the stock is currently owned by company insiders.

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Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including women's ready-to-wear apparel, accessories, footwear, menswear, youth apparel, coats, and gifts, as well as baby, home, and beauty products. As of February 3, 2018, it operated 629 stores, including an Internet store in 45 states and Puerto Rico.

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Institutional Ownership by Quarter for Burlington Stores (NYSE:BURL)

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