Burlington Stores, Inc. (NYSE:BURL) Shares Acquired by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc boosted its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,628 shares of the company's stock after purchasing an additional 1,196 shares during the quarter. Ensign Peak Advisors Inc owned about 0.05% of Burlington Stores worth $9,301,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc lifted its position in Burlington Stores by 81.6% during the 4th quarter. IFP Advisors Inc now owns 89 shares of the company's stock worth $25,000 after acquiring an additional 40 shares during the period. Stonebridge Financial Group LLC purchased a new position in shares of Burlington Stores during the 4th quarter valued at about $31,000. Farther Finance Advisors LLC raised its stake in shares of Burlington Stores by 104.5% during the 4th quarter. Farther Finance Advisors LLC now owns 135 shares of the company's stock valued at $38,000 after buying an additional 69 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Burlington Stores by 157.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 144 shares of the company's stock valued at $41,000 after buying an additional 88 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Burlington Stores by 36.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company's stock valued at $49,000 after buying an additional 46 shares during the last quarter.

Wall Street Analysts Forecast Growth

BURL has been the subject of a number of recent research reports. Morgan Stanley reduced their price objective 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. JPMorgan Chase & Co. cut 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. UBS Group lifted their price target on Burlington Stores from $360.00 to $405.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Telsey Advisory Group restated an "outperform" rating and issued a $340.00 price target on shares of Burlington Stores in a research note on Thursday, March 6th. Finally, Wells Fargo & Company cut their price target on Burlington Stores from $325.00 to $300.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $314.60.

Burlington Stores Stock Up 1.6%

Shares of Burlington Stores stock traded up $4.27 during trading hours on Friday, reaching $269.16. 967,682 shares of the company were exchanged, compared to its average volume of 996,579. The stock's fifty day moving average is $237.42 and its 200 day moving average is $259.98. The firm has a market cap of $16.95 billion, a PE ratio of 36.87, a PEG ratio of 1.11 and a beta of 1.70. Burlington Stores, Inc. has a 1 year low of $181.87 and a 1 year high of $298.89. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.54 and a current ratio of 1.17.

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

Insider Buying and Selling

In other Burlington Stores news, COO Travis Marquette sold 190 shares of the business's 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 completion of the transaction, the chief operating officer now directly owns 22,858 shares in the company, valued at approximately $5,431,746.54. The trade was a 0.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CMO Jennifer Vecchio sold 4,939 shares of the business's stock in a transaction on 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 completion of 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 disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

Burlington Stores Company 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.