Liberty One Investment Management LLC Has $796,000 Stake in Burlington Stores, Inc. (NYSE:BURL)

Liberty One Investment Management LLC cut its position in Burlington Stores, Inc. (NYSE:BURL) by 7.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,792 shares of the company’s stock after selling 221 shares during the quarter. Liberty One Investment Management LLC’s holdings in Burlington Stores were worth $796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BURL. M&T Bank Corp grew its position in Burlington Stores by 1.5% in the third quarter. M&T Bank Corp now owns 3,089 shares of the company’s stock valued at $813,000 after acquiring an additional 47 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in shares of Burlington Stores by 1.0% in the third quarter. Tributary Capital Management LLC now owns 4,991 shares of the company’s stock worth $1,315,000 after acquiring an additional 50 shares during the last quarter. Mount Lucas Management LP boosted its stake in shares of Burlington Stores by 2.4% in the 3rd quarter. Mount Lucas Management LP now owns 2,266 shares of the company’s stock valued at $597,000 after purchasing an additional 54 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Burlington Stores by 5.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,027 shares of the company’s stock valued at $271,000 after purchasing an additional 54 shares during the last quarter. Finally, Fortitude Family Office LLC increased its position in Burlington Stores by 148.6% during the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company’s stock worth $26,000 after purchasing an additional 55 shares in the last quarter.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of Burlington Stores stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $293.89, for a total value of $145,181.66. Following the completion of the sale, the chief marketing officer now directly owns 59,931 shares of the company’s stock, valued at approximately $17,613,121.59. The trade was a 0.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.91% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

BURL has been the topic of a number of research analyst reports. Citigroup boosted their target price on shares of Burlington Stores from $313.00 to $344.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. UBS Group upgraded Burlington Stores from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $280.00 to $360.00 in a research report on Friday, January 10th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $310.00 target price on shares of Burlington Stores in a report on Tuesday, November 26th. StockNews.com lowered Burlington Stores from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Finally, TD Cowen upped their price objective on Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $317.87.

Burlington Stores Trading Up 0.4 %

NYSE:BURL opened at $290.46 on Friday. 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 quick ratio of 0.54 and a current ratio of 1.17. The firm’s fifty day moving average is $284.30 and its 200-day moving average is $267.09. The firm has a market cap of $18.44 billion, a P/E ratio of 39.79, a P/E/G ratio of 1.54 and a beta of 1.63.

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