9,379 Shares in Burlington Stores, Inc. (NYSE:BURL) Purchased by Nebula Research & Development LLC

Nebula Research & Development LLC bought a new position in Burlington Stores, Inc. (NYSE:BURL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,379 shares of the company's stock, valued at approximately $2,674,000.

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

Insider Activity

In other news, CMO Jennifer Vecchio sold 4,939 shares of Burlington Stores stock in a transaction dated 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BURL. 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. Robert W. Baird raised their target price on Burlington Stores from $330.00 to $335.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Citigroup decreased their price target on Burlington Stores from $344.00 to $340.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Wells Fargo & Company decreased their price target on Burlington Stores from $325.00 to $300.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price target on Burlington Stores from $336.00 to $287.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.47.

Burlington Stores Stock Down 3.4 %

BURL stock traded down $7.64 during midday trading on Wednesday, hitting $220.00. The company's stock had a trading volume of 717,748 shares, compared to its average volume of 1,178,080. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.54. Burlington Stores, Inc. has a twelve month low of $175.30 and a twelve month high of $298.89. The company's fifty day moving average price is $235.45 and its 200 day moving average price is $260.71. The stock has a market capitalization of $13.86 billion, a P/E ratio of 30.14, a PEG ratio of 1.11 and a beta of 1.65.

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

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.