12,776 Shares in Burlington Stores, Inc. (NYSE:BURL) Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,776 shares of the company's stock, valued at approximately $3,045,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BURL. Nissay Asset Management Corp Japan ADV lifted its stake in Burlington Stores by 0.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 7,660 shares of the company's stock valued at $2,237,000 after acquiring an additional 49 shares during the period. Nicolet Advisory Services LLC grew its stake in shares of Burlington Stores by 2.0% in the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock worth $661,000 after acquiring an additional 54 shares during the period. Mount Lucas Management LP raised its holdings in shares of Burlington Stores by 3.1% during the first quarter. Mount Lucas Management LP now owns 1,929 shares of the company's stock valued at $460,000 after purchasing an additional 58 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in Burlington Stores by 0.5% during the first quarter. Oregon Public Employees Retirement Fund now owns 12,869 shares of the company's stock valued at $3,067,000 after purchasing an additional 59 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in Burlington Stores by 0.6% in the fourth quarter. Bessemer Group Inc. now owns 11,520 shares of the company's stock worth $3,283,000 after purchasing an additional 66 shares during the last quarter.

Insider Activity

In related news, CMO Jennifer Vecchio sold 420 shares of the stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $236.64, for a total transaction of $99,388.80. Following the completion of the transaction, the chief marketing officer directly owned 65,429 shares of the company's stock, valued at approximately $15,483,118.56. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Stephen Ferroni sold 450 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total value of $108,625.50. Following the transaction, the chief accounting officer owned 2,389 shares of the company's stock, valued at $576,680.71. This represents a 15.85% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $282.60 on Thursday. The stock has a market cap of $17.83 billion, a PE ratio of 34.67, a price-to-earnings-growth ratio of 2.44 and a beta of 1.69. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $298.89. The firm has a fifty day moving average price of $250.21 and a 200-day moving average price of $248.08. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.06 and a quick ratio of 0.39.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.17. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.52 billion. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. Burlington Stores's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.35 EPS. Equities analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BURL has been the subject of a number of research reports. Morgan Stanley decreased their target price on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Robert W. Baird reduced their price objective on Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a research report on Friday, May 30th. UBS Group set a $390.00 target price on Burlington Stores and gave the company a "buy" rating in a report on Monday, July 14th. The Goldman Sachs Group cut their price target on Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Finally, Loop Capital lowered their price objective on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating on the stock in a research note on Friday, May 30th. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $317.57.

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.

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