Burlington Stores, Inc. (NYSE:BURL) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 668,283 shares of the company's stock after purchasing an additional 57,794 shares during the period. Dimensional Fund Advisors LP owned approximately 1.05% of Burlington Stores worth $190,504,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of BURL. Wilmington Savings Fund Society FSB acquired a new stake in Burlington Stores in the 3rd quarter valued at approximately $57,000. Logan Capital Management Inc. grew its stake in shares of Burlington Stores by 9.1% in the third quarter. Logan Capital Management Inc. now owns 56,354 shares of the company's stock valued at $14,848,000 after buying an additional 4,695 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Burlington Stores by 682.1% in 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 during the period. GAMMA Investing LLC lifted its stake in Burlington Stores by 77.1% during the 4th quarter. GAMMA Investing LLC now owns 907 shares of the company's stock worth $259,000 after acquiring an additional 395 shares in the last quarter. Finally, Everence Capital Management Inc. acquired a new position in Burlington Stores during the 4th quarter worth about $388,000.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BURL. Telsey Advisory Group reissued an "outperform" rating and set a $340.00 price target on shares of Burlington Stores in a research report on Thursday, March 6th. UBS Group increased their target price on shares of Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Robert W. Baird boosted their price target 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. Citigroup reduced their price objective on Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. Finally, Morgan Stanley boosted their target price on Burlington Stores from $296.00 to $297.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, Burlington Stores currently has an average rating of "Moderate Buy" and a consensus price target of $323.13.

Burlington Stores Trading Up 0.0 %

BURL traded up $0.10 during trading on Tuesday, hitting $222.68. 111,267 shares of the company's stock were exchanged, compared to its average volume of 975,090. Burlington Stores, Inc. has a 1 year low of $175.30 and a 1 year high of $298.89. The firm has a market cap of $14.03 billion, a P/E ratio of 30.49, a price-to-earnings-growth ratio of 1.11 and a beta of 1.65. 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 stock has a 50 day moving average price of $235.73 and a 200 day moving average price of $260.94.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $4.07 EPS for the quarter, topping the consensus estimate of $3.75 by $0.32. The business had revenue of $3.28 billion for the quarter, compared to analysts' expectations of $3.25 billion. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. As a group, analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were 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 of the company's stock, valued at $16,797,239.64. This trade represents a 6.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.10% of the company's stock.

About Burlington Stores

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.