Burlington Stores, Inc. (NYSE:BURL) Stock Holdings Lifted by Junto Capital Management LP

Junto Capital Management LP boosted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 41.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 603,985 shares of the company's stock after buying an additional 176,346 shares during the period. Burlington Stores comprises 3.3% of Junto Capital Management LP's portfolio, making the stock its 4th largest holding. Junto Capital Management LP owned approximately 0.95% of Burlington Stores worth $172,172,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Argonautica Private Wealth Management Inc. increased its stake in shares of Burlington Stores by 1.1% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company's stock valued at $1,063,000 after acquiring an additional 39 shares during the last quarter. IFP Advisors Inc increased its holdings in Burlington Stores by 81.6% during the fourth quarter. IFP Advisors Inc now owns 89 shares of the company's stock worth $25,000 after buying an additional 40 shares during the last quarter. Legacy Capital Wealth Partners LLC increased its holdings in Burlington Stores by 4.2% during the fourth quarter. Legacy Capital Wealth Partners LLC now owns 1,051 shares of the company's stock worth $300,000 after buying an additional 42 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Burlington Stores by 36.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company's stock valued at $49,000 after purchasing an additional 46 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in shares of Burlington Stores by 21.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 269 shares of the company's stock valued at $77,000 after purchasing an additional 48 shares during the last quarter.

Burlington Stores Stock Performance

NYSE BURL traded up $3.79 during trading hours on Wednesday, reaching $265.20. 966,457 shares of the company were exchanged, compared to its average volume of 996,114. The stock has a market capitalization of $16.70 billion, a P/E ratio of 36.33, a P/E/G ratio of 1.11 and a beta of 1.70. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. The business's 50 day simple moving average is $236.11 and its 200-day simple moving average is $259.80. Burlington Stores, Inc. has a 1 year low of $181.87 and a 1 year high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $4.07 earnings per share 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 the consensus estimate of $3.25 billion. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. On average, equities research analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 190 shares of Burlington Stores stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $237.63, for a total transaction of $45,149.70. Following the completion of the sale, the chief operating officer now directly owns 22,858 shares in the company, valued at $5,431,746.54. The trade was a 0.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 4,939 shares of the company's stock in a transaction on 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 sale, 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 disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. UBS Group upped their price objective on shares of Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Morgan Stanley decreased their price objective on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. Wells Fargo & Company reduced their price target on shares of Burlington Stores from $325.00 to $300.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. Robert W. Baird raised 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. Finally, Barclays dropped their price objective on shares of Burlington Stores from $329.00 to $254.00 and set an "overweight" rating on the stock in a research note on Monday. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, Burlington Stores presently has an average rating of "Moderate Buy" and a consensus price target of $314.60.

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.