Signaturefd LLC Sells 101 Shares of Burlington Stores, Inc. (NYSE:BURL)

Signaturefd LLC lessened its position in Burlington Stores, Inc. (NYSE:BURL) by 13.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 628 shares of the company’s stock after selling 101 shares during the period. Signaturefd LLC’s holdings in Burlington Stores were worth $179,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. IFP Advisors Inc increased its stake in 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 purchasing an additional 40 shares in the last quarter. Fortitude Family Office LLC increased its stake in Burlington Stores by 148.6% in the fourth quarter. Fortitude Family Office LLC now owns 92 shares of the company’s stock valued at $26,000 after purchasing an additional 55 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in Burlington Stores in the third quarter valued at approximately $26,000. Stonebridge Financial Group LLC bought a new stake in Burlington Stores in the fourth quarter valued at approximately $31,000. Finally, Brooklyn Investment Group bought a new stake in Burlington Stores in the third quarter valued at approximately $33,000.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BURL. Telsey Advisory Group reiterated an “outperform” rating and issued a $340.00 price target on shares of Burlington Stores in a report on Thursday, March 6th. Evercore ISI upped their price target on shares of Burlington Stores from $315.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. TD Cowen upped 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 $330.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, Citigroup reduced their price target on shares of Burlington Stores from $344.00 to $340.00 and set a “buy” rating for the company in a report on Friday, March 7th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and an average price target of $323.20.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 493 shares of the 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 sale, the chief marketing officer now owns 58,944 shares in the company, valued at $16,253,808. This trade represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.91% of the company’s stock.

Burlington Stores Stock Performance

Shares of BURL stock opened at $234.16 on Friday. The stock has a market cap of $14.80 billion, a P/E ratio of 32.08, a P/E/G ratio of 1.11 and a beta of 1.73. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.54. The company has a fifty day moving average price of $258.08 and a two-hundred day moving average price of $267.06. Burlington Stores, Inc. has a one year low of $174.64 and a one year high of $298.89.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, March 6th. The company reported $4.07 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.32. The firm had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.25 billion. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. As a group, equities analysts predict that Burlington Stores, Inc. will post 7.93 EPS 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.