Eisler Capital Management Ltd. Makes New Investment in Burlington Stores, Inc. (NYSE:BURL)

Eisler Capital Management Ltd. acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,367 shares of the company's stock, valued at approximately $1,818,000.

Other institutional investors also recently modified their holdings of the company. Buckingham Capital Management Inc. boosted its stake in shares of Burlington Stores by 159.0% during the 4th quarter. Buckingham Capital Management Inc. now owns 17,419 shares of the company's stock worth $4,965,000 after acquiring an additional 10,693 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Burlington Stores by 7.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 378,921 shares of the company's stock worth $108,292,000 after acquiring an additional 26,412 shares during the period. Grandeur Peak Global Advisors LLC boosted its stake in shares of Burlington Stores by 3.0% during the 4th quarter. Grandeur Peak Global Advisors LLC now owns 45,056 shares of the company's stock worth $12,844,000 after acquiring an additional 1,305 shares during the period. HB Wealth Management LLC bought a new position in shares of Burlington Stores during the 4th quarter worth approximately $265,000. Finally, Principal Financial Group Inc. boosted its stake in shares of Burlington Stores by 35.3% during the 4th quarter. Principal Financial Group Inc. now owns 227,020 shares of the company's stock worth $64,714,000 after acquiring an additional 59,173 shares during the period.

Insider Buying and Selling

In related news, CMO Jennifer Vecchio sold 4,939 shares of Burlington Stores stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the completion of the transaction, the chief marketing officer now directly owns 70,006 shares of the company's stock, valued at $16,797,239.64. This trade represents a 6.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Travis Marquette sold 190 shares of Burlington Stores stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $237.63, for a total value of $45,149.70. Following the completion of the transaction, the chief operating officer now directly owns 22,858 shares of the company's stock, 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 company insiders.

Burlington Stores Price Performance

NYSE BURL traded down $9.62 during trading hours on Friday, hitting $239.38. The company had a trading volume of 869,684 shares, compared to its average volume of 994,626. Burlington Stores, Inc. has a 52 week low of $181.87 and a 52 week high of $298.89. The firm has a 50 day simple moving average of $235.08 and a 200 day simple moving average of $259.70. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17. The firm has a market capitalization of $15.08 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 1.11 and a beta of 1.70.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its 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. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The business had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.25 billion. Equities research analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BURL shares. Wells Fargo & Company cut their price objective on shares of Burlington Stores from $325.00 to $300.00 and set an "overweight" rating for the company in a research report on Wednesday, April 30th. Robert W. Baird boosted their price target on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Citigroup reduced their price target on Burlington Stores from $344.00 to $340.00 and set a "buy" rating for the company in a research note on Friday, March 7th. JPMorgan Chase & Co. reduced their price target on Burlington Stores from $336.00 to $287.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Finally, Morgan Stanley reduced their price target on Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $319.60.

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.