B. Metzler seel. Sohn & Co. AG Reduces Stake in Burlington Stores, Inc. (NYSE:BURL)

B. Metzler seel. Sohn & Co. AG lessened its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 35.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,464 shares of the company’s stock after selling 790 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Burlington Stores were worth $417,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc boosted its stake in Burlington Stores by 81.6% during the fourth quarter. IFP Advisors Inc now owns 89 shares of the company’s stock valued at $25,000 after buying an additional 40 shares during the period. Fortitude Family Office LLC raised its holdings in shares of Burlington Stores by 148.6% in the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company’s stock valued at $26,000 after acquiring an additional 55 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of Burlington Stores during the fourth quarter worth about $31,000. Farther Finance Advisors LLC increased its position in shares of Burlington Stores by 104.5% in the fourth quarter. Farther Finance Advisors LLC now owns 135 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in Burlington Stores by 157.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 144 shares of the company’s stock valued at $41,000 after purchasing an additional 88 shares in the last quarter.

Burlington Stores Price Performance

BURL stock opened at $230.52 on Friday. The stock has a market capitalization of $14.57 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 1.11 and a beta of 1.73. The firm’s 50-day moving average price is $248.86 and its two-hundred day moving average price is $265.30. 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.

Burlington Stores (NYSE:BURL) last released 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 business had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.25 billion. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. As a group, equities analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of Burlington Stores stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the sale, the chief marketing officer now directly owns 70,006 shares of the company’s stock, valued at approximately $16,797,239.64. The trade was a 6.59 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.91% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on BURL shares. UBS Group increased their price target on shares of Burlington Stores from $360.00 to $405.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Robert W. Baird raised their price target on Burlington Stores from $330.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Barclays upped their price objective on Burlington Stores from $317.00 to $329.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. TD Cowen raised their price objective on Burlington Stores from $334.00 to $339.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $340.00 target price on shares of Burlington Stores in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $323.20.

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.