Savant Capital LLC Sells 209 Shares of Burlington Stores, Inc. (NYSE:BURL)

Savant Capital LLC decreased its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,940 shares of the company’s stock after selling 209 shares during the quarter. Savant Capital LLC’s holdings in Burlington Stores were worth $1,693,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Bleakley Financial Group LLC grew its position in shares of Burlington Stores by 7.8% during the 4th quarter. Bleakley Financial Group LLC now owns 2,381 shares of the company’s stock worth $679,000 after buying an additional 173 shares during the period. Trust Point Inc. acquired a new stake in shares of Burlington Stores during the 4th quarter worth approximately $987,000. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Burlington Stores by 4.4% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,333 shares of the company’s stock worth $665,000 after buying an additional 98 shares during the period. BDF Gestion acquired a new stake in shares of Burlington Stores during the 4th quarter worth approximately $3,064,000. Finally, R Squared Ltd acquired a new stake in shares of Burlington Stores during the 4th quarter worth approximately $102,000.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Morgan Stanley raised their price objective on shares of Burlington Stores from $285.00 to $305.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. TD Cowen lifted their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup lifted their price target on shares of Burlington Stores from $313.00 to $344.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Robert W. Baird lifted their price target on shares of Burlington Stores from $315.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $310.00 price target on shares of Burlington Stores in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and an average target price of $317.87.

Insider Transactions at Burlington Stores

In other news, CMO Jennifer Vecchio sold 493 shares of Burlington Stores stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $275.75, for a total transaction of $135,944.75. Following the sale, the chief marketing officer now directly owns 58,944 shares in the company, valued at $16,253,808. The trade was a 0.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 1,481 shares of company stock worth $421,892 in the last ninety days. Company insiders own 0.91% of the company’s stock.

Burlington Stores Price Performance

BURL opened at $248.35 on Friday. 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 market capitalization of $15.77 billion, a price-to-earnings ratio of 34.02, a P/E/G ratio of 1.24 and a beta of 1.62. The firm’s fifty day moving average price is $283.28 and its two-hundred day moving average price is $271.02. Burlington Stores, Inc. has a 1 year low of $174.64 and a 1 year high of $298.89.

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

About Burlington Stores

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.