Yousif Capital Management LLC Cuts Position in Burlington Stores, Inc. (NYSE:BURL)

Yousif Capital Management LLC lowered its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,796 shares of the company’s stock after selling 1,007 shares during the quarter. Yousif Capital Management LLC’s holdings in Burlington Stores were worth $6,498,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Creative Planning grew its stake in Burlington Stores by 22.6% in the 2nd quarter. Creative Planning now owns 4,192 shares of the company’s stock valued at $1,006,000 after acquiring an additional 773 shares during the period. Cetera Investment Advisers grew its position in shares of Burlington Stores by 0.5% in the second quarter. Cetera Investment Advisers now owns 12,340 shares of the company’s stock valued at $2,962,000 after purchasing an additional 61 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Burlington Stores during the second quarter worth about $488,000. GAMMA Investing LLC raised its position in shares of Burlington Stores by 63.6% during the 3rd quarter. GAMMA Investing LLC now owns 512 shares of the company’s stock worth $135,000 after purchasing an additional 199 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its stake in Burlington Stores by 6.1% in the 3rd quarter. Atomi Financial Group Inc. now owns 1,131 shares of the company’s stock valued at $298,000 after buying an additional 65 shares in the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 493 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were 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. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 1,481 shares of company stock worth $421,892 over the last ninety days. Corporate insiders own 0.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BURL shares. StockNews.com lowered Burlington Stores from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. UBS Group upgraded Burlington Stores from a “neutral” rating to a “buy” rating and raised their price objective for the company from $280.00 to $360.00 in a report on Friday, January 10th. TD Cowen upped their target price on shares of Burlington Stores from $334.00 to $339.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Citigroup raised their price target 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. Finally, Barclays dropped their price objective on shares of Burlington Stores from $327.00 to $317.00 and set an “overweight” rating for the company in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $317.87.

Burlington Stores Stock Performance

NYSE BURL opened at $269.06 on Friday. The stock has a fifty day simple moving average of $286.76 and a 200-day simple moving average of $270.89. The company has a current ratio of 1.17, a quick ratio of 0.54 and a debt-to-equity ratio of 1.35. The stock has a market cap of $17.08 billion, a PE ratio of 36.86, a P/E/G ratio of 1.53 and a beta of 1.62. Burlington Stores, Inc. has a twelve month low of $174.64 and a twelve month high of $298.89.

Burlington Stores (NYSE:BURL) last announced its earnings results on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, topping 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 company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the firm posted $0.98 earnings per share. Burlington Stores’s revenue was up 10.5% compared to the same quarter last year. Equities analysts anticipate 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.