4,436 Shares in Burlington Stores, Inc. (NYSE:BURL) Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new stake in Burlington Stores, Inc. (NYSE:BURLFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,436 shares of the company’s stock, valued at approximately $862,000.

A number of other large investors also recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its holdings in shares of Burlington Stores by 12.9% in the 4th quarter. First Horizon Advisors Inc. now owns 509 shares of the company’s stock valued at $99,000 after buying an additional 58 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Burlington Stores by 0.3% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 25,947 shares of the company’s stock valued at $4,874,000 after acquiring an additional 74 shares during the period. Wahed Invest LLC boosted its position in shares of Burlington Stores by 9.7% during the 3rd quarter. Wahed Invest LLC now owns 1,026 shares of the company’s stock worth $139,000 after purchasing an additional 91 shares in the last quarter. Lindbrook Capital LLC grew its stake in shares of Burlington Stores by 114.6% during the 4th quarter. Lindbrook Capital LLC now owns 176 shares of the company’s stock worth $34,000 after purchasing an additional 94 shares during the period. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Burlington Stores by 2.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 5,728 shares of the company’s stock valued at $1,114,000 after purchasing an additional 114 shares in the last quarter.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 5,025 shares of Burlington Stores stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $225.24, for a total value of $1,131,831.00. Following the completion of the sale, the chief marketing officer now owns 61,115 shares in the company, valued at approximately $13,765,542.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.91% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

BURL has been the topic of several recent analyst reports. Wells Fargo & Company upped their target price on shares of Burlington Stores from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, May 31st. StockNews.com raised Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday, March 9th. Barclays lifted their price objective on Burlington Stores from $252.00 to $274.00 and gave the stock an “overweight” rating in a report on Friday, May 31st. TD Cowen raised their price target on Burlington Stores from $209.00 to $257.00 and gave the company a “hold” rating in a research report on Friday, May 31st. Finally, UBS Group boosted their price objective on shares of Burlington Stores from $212.00 to $238.00 and gave the stock a “neutral” rating in a research report on Monday, June 3rd. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.87.

Check Out Our Latest Stock Report on BURL

Burlington Stores Stock Performance

NYSE:BURL opened at $231.01 on Tuesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.07 and a quick ratio of 0.52. The firm has a market cap of $14.74 billion, a PE ratio of 38.70, a P/E/G ratio of 1.22 and a beta of 1.61. The firm has a 50 day simple moving average of $197.37 and a 200-day simple moving average of $197.48. Burlington Stores, Inc. has a 1-year low of $115.66 and a 1-year high of $243.64.

Burlington Stores (NYSE:BURLGet Free Report) last issued its quarterly earnings results on Thursday, May 30th. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.38. Burlington Stores had a return on equity of 46.39% and a net margin of 3.87%. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the firm posted $0.84 EPS. Burlington Stores’s revenue was up 10.7% on a year-over-year basis. On average, equities analysts expect that Burlington Stores, Inc. will post 7.61 EPS for the current year.

Burlington Stores Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Burlington Stores (NYSE:BURL)

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