40,295 Shares in Burlington Stores, Inc. (NYSE:BURL) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 40,295 shares of the company's stock, valued at approximately $11,486,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.06% of Burlington Stores as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Burlington Stores by 3.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,622 shares of the company's stock worth $1,318,000 after buying an additional 140 shares during the period. Blue Trust Inc. lifted its position in Burlington Stores by 69.4% during the 4th quarter. Blue Trust Inc. now owns 1,096 shares of the company's stock worth $289,000 after acquiring an additional 449 shares during the last quarter. R Squared Ltd acquired a new position in Burlington Stores during the 4th quarter worth $102,000. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Burlington Stores by 4.4% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,333 shares of the company's stock valued at $665,000 after purchasing an additional 98 shares during the last quarter. Finally, Trust Point Inc. acquired a new stake in shares of Burlington Stores in the fourth quarter valued at about $987,000.

Burlington Stores Price Performance

NYSE:BURL traded up $1.44 during mid-day trading on Wednesday, hitting $239.27. The company's stock had a trading volume of 964,011 shares, compared to its average volume of 989,355. The company has a market capitalization of $15.07 billion, a price-to-earnings ratio of 32.78, a P/E/G ratio of 1.11 and a beta of 1.70. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $298.89. The stock has a fifty day moving average of $238.72 and a 200-day moving average of $258.73.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.43 by $0.17. The business had revenue of $2.50 billion during the quarter, compared to analysts' expectations of $2.52 billion. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. Burlington Stores's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.35 EPS. As a group, equities analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on BURL shares. Loop Capital decreased their target price on Burlington Stores from $315.00 to $305.00 and set a "buy" rating for the company in a research note on Friday, May 30th. Telsey Advisory Group reissued an "outperform" rating and issued a $300.00 price objective (down from $340.00) on shares of Burlington Stores in a research report on Thursday, May 29th. Citigroup lowered their price objective on shares of Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. UBS Group upped their target price on shares of Burlington Stores from $360.00 to $405.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Evercore ISI decreased their price target on shares of Burlington Stores from $345.00 to $310.00 and set an "outperform" rating on the stock in a research report on Friday, May 30th. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $317.43.

Insider Activity at Burlington Stores

In other Burlington Stores news, 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 transaction, the chief operating officer now directly owns 22,858 shares in the company, valued at approximately $5,431,746.54. This trade represents a 0.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Jennifer Vecchio sold 4,939 shares of the business's stock in a transaction 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 sale, the chief marketing officer now owns 70,006 shares of the company's stock, valued at approximately $16,797,239.64. The trade was a 6.59% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by insiders.

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.