Burlington Stores, Inc. (NYSE:BURL) Stock Position Increased by Bain Capital Public Equity Management II LLC

Bain Capital Public Equity Management II LLC lifted its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 39.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 456,416 shares of the company's stock after purchasing an additional 129,303 shares during the quarter. Burlington Stores comprises approximately 5.9% of Bain Capital Public Equity Management II LLC's holdings, making the stock its 7th largest position. Bain Capital Public Equity Management II LLC owned 0.72% of Burlington Stores worth $130,106,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in Burlington Stores during the third quarter valued at $57,000. Versant Capital Management Inc lifted its holdings in Burlington Stores by 682.1% during the 4th quarter. Versant Capital Management Inc now owns 219 shares of the company's stock valued at $62,000 after buying an additional 191 shares in the last quarter. GAMMA Investing LLC raised its position in Burlington Stores by 77.1% during the 4th quarter. GAMMA Investing LLC now owns 907 shares of the company's stock valued at $259,000 after purchasing an additional 395 shares in the last quarter. Everence Capital Management Inc. bought a new position in Burlington Stores during the 4th quarter worth about $388,000. Finally, Fulton Bank N.A. raised its position in shares of Burlington Stores by 8.7% in the 4th quarter. Fulton Bank N.A. now owns 8,098 shares of the company's stock worth $2,308,000 after acquiring an additional 645 shares in the last quarter.

Analysts Set New Price Targets

BURL has been the subject of several research reports. Robert W. Baird lifted their price objective on shares of Burlington Stores from $330.00 to $335.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Wells Fargo & Company dropped their price target on Burlington Stores from $325.00 to $300.00 and set an "overweight" rating for the company in a research report on Wednesday, April 30th. Telsey Advisory Group restated an "outperform" rating and issued a $340.00 target price on shares of Burlington Stores in a report on Thursday, March 6th. Citigroup lowered their price objective on Burlington Stores from $344.00 to $340.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Finally, UBS Group increased their target price on Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $319.60.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 4,939 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $239.94, for a total value of $1,185,063.66. Following the transaction, the chief marketing officer now owns 70,006 shares in the company, valued at approximately $16,797,239.64. This represents a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Travis Marquette sold 190 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $237.63, for a total value of $45,149.70. Following the sale, the chief operating officer now owns 22,858 shares in the company, valued at approximately $5,431,746.54. This represents a 0.82 % decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

Burlington Stores Stock Up 3.4 %

Shares of Burlington Stores stock traded up $7.99 on Wednesday, reaching $245.05. 1,172,197 shares of the company were exchanged, compared to its average volume of 992,323. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. The company has a 50-day moving average of $234.63 and a 200 day moving average of $259.77. Burlington Stores, Inc. has a one year low of $181.87 and a one year high of $298.89. The company has a market capitalization of $15.44 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 1.11 and a beta of 1.70.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $4.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.75 by $0.32. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The firm had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.25 billion. On average, equities research analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share 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.