Yousif Capital Management LLC Purchases New Holdings in Burlington Stores, Inc. (NYSE:BURL)

Yousif Capital Management LLC bought a new stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,987 shares of the company's stock, valued at approximately $6,026,000.

Other institutional investors also recently modified their holdings of the company. Lindbrook Capital LLC grew its holdings in shares of Burlington Stores by 114.6% in the fourth quarter. Lindbrook Capital LLC now owns 176 shares of the company's stock valued at $34,000 after acquiring an additional 94 shares in the last quarter. GAMMA Investing LLC purchased a new position in Burlington Stores in the fourth quarter valued at approximately $41,000. Fifth Third Bancorp purchased a new position in Burlington Stores in the fourth quarter valued at approximately $50,000. Homestead Advisers Corp purchased a new position in Burlington Stores in the third quarter valued at approximately $53,000. Finally, Signaturefd LLC lifted its stake in Burlington Stores by 63.9% in the fourth quarter. Signaturefd LLC now owns 459 shares of the company's stock valued at $89,000 after purchasing an additional 179 shares during the last quarter.

Analysts Set New Price Targets

Several research firms recently commented on BURL. Evercore ISI upped their price objective on Burlington Stores from $220.00 to $235.00 and gave the company an "outperform" rating in a research note on Friday, February 23rd. Piper Sandler upgraded Burlington Stores from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $155.00 to $240.00 in a research note on Wednesday, January 17th. Telsey Advisory Group reiterated an "outperform" rating and issued a $250.00 price objective (up previously from $225.00) on shares of Burlington Stores in a research note on Monday, March 4th. Finally, StockNews.com upgraded Burlington Stores from a "hold" rating to a "buy" rating in a research report on Saturday, March 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Burlington Stores presently has a consensus rating of "Moderate Buy" and a consensus target price of $210.69.

Burlington Stores Price Performance

Shares of BURL stock traded up $5.66 on Friday, reaching $184.19. The company's stock had a trading volume of 1,434,452 shares, compared to its average volume of 905,013. The company has a quick ratio of 0.61, a current ratio of 1.15 and a debt-to-equity ratio of 1.40. Burlington Stores, Inc. has a 12-month low of $115.66 and a 12-month high of $232.69. The company has a market capitalization of $11.76 billion, a P/E ratio of 35.08, a PEG ratio of 1.04 and a beta of 1.49. The stock's 50 day simple moving average is $206.08 and its 200-day simple moving average is $180.96.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, March 7th. The company reported $3.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.28 by $0.02. Burlington Stores had a return on equity of 45.28% and a net margin of 3.49%. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter last year, the business posted $2.96 earnings per share. The firm's revenue was up 13.9% compared to the same quarter last year. As a group, equities analysts predict that Burlington Stores, Inc. will post 7.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CMO Jennifer Vecchio sold 5,025 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $225.24, for a total value of $1,131,831.00. Following the transaction, the chief marketing officer now owns 61,115 shares of the company's stock, valued at $13,765,542.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.91% of the stock is currently owned by company insiders.

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.