1,622 Shares in Burlington Stores, Inc. (NYSE:BURL) Purchased by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,622 shares of the company's stock, valued at approximately $462,000.

A number of other hedge funds also recently modified their holdings of the stock. Argonautica Private Wealth Management Inc. increased its position in shares of Burlington Stores by 1.1% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company's stock valued at $1,063,000 after buying an additional 39 shares during the period. IFP Advisors Inc grew 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 purchasing an additional 40 shares in the last quarter. Legacy Capital Wealth Partners LLC increased its holdings 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 worth $300,000 after purchasing an additional 42 shares during the period. MassMutual Private Wealth & Trust FSB raised its position 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 worth $49,000 after buying an additional 46 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its stake in Burlington Stores by 21.7% during 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 during the period.

Burlington Stores Price Performance

Shares of NYSE BURL traded up $0.85 during mid-day trading on Friday, reaching $221.84. The company's stock had a trading volume of 209,107 shares, compared to its average volume of 978,118. The stock has a fifty day moving average of $236.59 and a two-hundred day moving average of $261.18. The firm has a market capitalization of $13.97 billion, a PE ratio of 30.39, a P/E/G ratio of 1.11 and a beta of 1.65. Burlington Stores, Inc. has a 52 week low of $174.64 and a 52 week high of $298.89. 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 (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $4.07 EPS for the quarter, topping the consensus estimate of $3.75 by $0.32. The firm had revenue of $3.28 billion for 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%. As a group, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of Burlington Stores from $336.00 to $287.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Robert W. Baird lifted their price target on shares of Burlington Stores from $330.00 to $335.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Morgan Stanley boosted their price target on shares of Burlington Stores from $296.00 to $297.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Telsey Advisory Group reiterated an "outperform" rating and issued a $340.00 price objective on shares of Burlington Stores in a report on Thursday, March 6th. Finally, Barclays raised their target price on shares of Burlington Stores from $317.00 to $329.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, Burlington Stores currently has an average rating of "Moderate Buy" and an average target price of $323.13.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 493 shares of Burlington Stores stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $275.75, for a total value of $135,944.75. Following the completion of the transaction, the chief marketing officer now directly owns 58,944 shares of the company's stock, valued at $16,253,808. This trade represents a 0.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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.