Toth Financial Advisory Corp Makes New $322,000 Investment in Burlington Stores, Inc. (NYSE:BURL)

Toth Financial Advisory Corp bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the 4th quarter, Holdings Channel reports. The fund bought 1,130 shares of the company’s stock, valued at approximately $322,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BURL. RPg Family Wealth Advisory LLC purchased a new position in Burlington Stores during the 3rd quarter valued at $26,000. Fortitude Family Office LLC boosted its stake in shares of Burlington Stores by 148.6% during the 4th 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. Brooklyn Investment Group purchased a new position in shares of Burlington Stores during the third quarter valued at about $33,000. UMB Bank n.a. increased its position in shares of Burlington Stores by 391.7% during the third quarter. UMB Bank n.a. now owns 177 shares of the company’s stock valued at $47,000 after buying an additional 141 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its stake in 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.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Telsey Advisory Group reaffirmed an “outperform” rating and set a $310.00 price objective on shares of Burlington Stores in a research report on Tuesday, November 26th. Robert W. Baird lifted their price target on Burlington Stores from $315.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. StockNews.com downgraded Burlington Stores from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their price objective on Burlington Stores from $285.00 to $305.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Finally, 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 research report on Friday, January 10th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus target price of $317.87.

Burlington Stores Stock Performance

BURL stock opened at $291.94 on Friday. The stock’s 50 day simple moving average is $286.79 and its 200 day simple moving average is $268.98. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. Burlington Stores, Inc. has a 12-month low of $174.64 and a 12-month high of $298.89. The stock has a market capitalization of $18.53 billion, a PE ratio of 39.99, a price-to-earnings-growth ratio of 1.55 and a beta of 1.63.

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

Insider Activity

In other news, CMO Jennifer Vecchio sold 494 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $284.95, for a total value of $140,765.30. Following the transaction, the chief marketing officer now directly owns 59,437 shares in the company, valued at $16,936,573.15. This trade represents a 0.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.91% of the company’s stock.

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.