Harvest Investment Services LLC Buys Shares of 2,040 Burlington Stores, Inc. (NYSE:BURL)

Harvest Investment Services LLC acquired a new position in Burlington Stores, Inc. (NYSE:BURL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,040 shares of the company's stock, valued at approximately $582,000.

Other large investors also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in shares of Burlington Stores by 81.6% during the 4th quarter. IFP Advisors Inc now owns 89 shares of the company's stock valued at $25,000 after acquiring an additional 40 shares during the last quarter. Fortitude Family Office LLC increased its holdings in shares of Burlington Stores by 148.6% in the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company's stock worth $26,000 after buying an additional 55 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of Burlington Stores during the 4th quarter worth $31,000. Farther Finance Advisors LLC grew its position in Burlington Stores by 104.5% in the fourth quarter. Farther Finance Advisors LLC now owns 135 shares of the company's stock worth $38,000 after acquiring an additional 69 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its position in Burlington Stores by 157.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 144 shares of the company's stock valued at $41,000 after purchasing an additional 88 shares in the last quarter.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the transaction, the chief marketing officer now directly owns 70,006 shares in the company, valued at $16,797,239.64. This trade represents a 6.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.10% of the company's stock.

Burlington Stores Trading Down 1.0 %

BURL traded down $2.21 on Monday, hitting $220.96. The company had a trading volume of 184,756 shares, compared to its average volume of 976,657. The business's fifty day simple moving average is $236.12 and its 200 day simple moving average is $261.15. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. Burlington Stores, Inc. has a 12-month low of $175.30 and a 12-month high of $298.89. The company has a market cap of $13.92 billion, a PE ratio of 30.21, a PEG ratio of 1.11 and a beta of 1.65.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BURL. Robert W. Baird upped their price objective on shares of Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. UBS Group boosted their price target on shares of Burlington Stores from $360.00 to $405.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Morgan Stanley raised their target price on Burlington Stores from $296.00 to $297.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Telsey Advisory Group reissued an "outperform" rating and set a $340.00 price objective on shares of Burlington Stores in a research note on Thursday, March 6th. Finally, JPMorgan Chase & Co. cut their target price on Burlington Stores from $336.00 to $287.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. 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 a consensus target price of $323.13.

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.