Headlands Technologies LLC Has $143,000 Stake in Burlington Stores, Inc. (NYSE:BURL)

Headlands Technologies LLC reduced its holdings in Burlington Stores, Inc. (NYSE:BURL) by 70.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 503 shares of the company’s stock after selling 1,179 shares during the quarter. Headlands Technologies LLC’s holdings in Burlington Stores were worth $143,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Captrust Financial Advisors grew its holdings in shares of Burlington Stores by 1.7% during the third quarter. Captrust Financial Advisors now owns 4,413 shares of the company’s stock worth $1,163,000 after purchasing an additional 75 shares during the last quarter. Benjamin Edwards Inc. lifted its position in Burlington Stores by 35,575.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,427 shares of the company’s stock worth $376,000 after buying an additional 1,423 shares in the last quarter. Chevy Chase Trust Holdings LLC bought a new stake in Burlington Stores during the 3rd quarter worth about $201,000. Centiva Capital LP acquired a new stake in Burlington Stores in the 3rd quarter valued at about $675,000. Finally, Investment Management Corp of Ontario raised its stake in shares of Burlington Stores by 41.3% in the third quarter. Investment Management Corp of Ontario now owns 2,054 shares of the company’s stock worth $541,000 after acquiring an additional 600 shares during the last quarter.

Analyst Ratings Changes

Several research firms have recently commented on BURL. UBS Group increased their price target on shares of Burlington Stores from $360.00 to $405.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Robert W. Baird upped their price objective on Burlington Stores from $330.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Morgan Stanley lifted their target price on Burlington Stores from $296.00 to $297.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Citigroup cut their price target on Burlington Stores from $344.00 to $340.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $340.00 price objective on shares of Burlington Stores in a research report on Thursday, March 6th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.20.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 493 shares of Burlington Stores stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $275.75, for a total transaction of $135,944.75. Following the transaction, the chief marketing officer now 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 own 0.91% of the company’s stock.

Burlington Stores Stock Down 2.2 %

Burlington Stores stock opened at $230.52 on Friday. The firm 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 company’s 50 day simple moving average is $248.86 and its 200 day simple moving average is $265.27. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.54. Burlington Stores, Inc. has a fifty-two week low of $174.64 and a fifty-two week high of $298.89.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, March 6th. The company reported $4.07 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.32. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The company had revenue of $3.28 billion for the quarter, compared to analysts’ expectations of $3.25 billion. As a group, sell-side analysts anticipate 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.