Toth Financial Advisory Corp Acquires New Stake in Burlington Stores, Inc. (NYSE:BURL)

Toth Financial Advisory Corp acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,130 shares of the company’s stock, valued at approximately $322,000.

Other large investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its stake in shares of Burlington Stores by 30.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,301 shares of the company’s stock valued at $552,000 after buying an additional 535 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Burlington Stores by 60.7% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 12,358 shares of the company’s stock worth $2,966,000 after acquiring an additional 4,670 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Burlington Stores by 2,542.2% in the second quarter. AQR Capital Management LLC now owns 247,970 shares of the company’s stock worth $59,114,000 after acquiring an additional 238,585 shares during the period. APG Asset Management N.V. grew its position in shares of Burlington Stores by 160.7% in the second quarter. APG Asset Management N.V. now owns 7,950 shares of the company’s stock valued at $1,780,000 after purchasing an additional 4,900 shares in the last quarter. Finally, MBB Public Markets I LLC bought a new stake in shares of Burlington Stores during the 2nd quarter valued at $1,099,000.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 494 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $293.89, for a total transaction of $145,181.66. Following the completion of the sale, the chief marketing officer now directly owns 59,931 shares in the company, valued at $17,613,121.59. This represents a 0.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.91% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

BURL has been the subject of a number of recent analyst reports. Evercore ISI lifted their target price on Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. UBS Group raised shares of Burlington Stores from a “neutral” rating to a “buy” rating and upped their target price for the stock from $280.00 to $360.00 in a report on Friday, January 10th. TD Cowen raised their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Robert W. Baird upped their price target on shares of Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, Citigroup lifted their price objective on Burlington Stores from $313.00 to $344.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $317.87.

Burlington Stores Stock Up 0.0 %

Shares of NYSE BURL opened at $291.94 on Friday. The stock has a market capitalization of $18.53 billion, a P/E ratio of 39.99, a PEG ratio of 1.55 and a beta of 1.63. 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 one year low of $174.64 and a one year high of $298.89. The firm’s 50 day simple moving average is $286.79 and its two-hundred day simple moving average is $268.98.

Burlington Stores (NYSE:BURL) last released its earnings results on Tuesday, November 26th. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.54 by $0.01. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.98 EPS. As a group, analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.