O Shaughnessy Asset Management LLC Sells 104 Shares of Burlington Stores, Inc. (NYSE:BURL)

O Shaughnessy Asset Management LLC lowered its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,770 shares of the company’s stock after selling 104 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Burlington Stores were worth $1,075,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. CIBC Private Wealth Group LLC grew its position in shares of Burlington Stores by 33.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 709 shares of the company’s stock worth $203,000 after buying an additional 177 shares during the period. Schroder Investment Management Group grew its holdings in Burlington Stores by 5.5% in the fourth quarter. Schroder Investment Management Group now owns 201,270 shares of the company’s stock worth $57,322,000 after purchasing an additional 10,430 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Burlington Stores by 38.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 506,170 shares of the company’s stock worth $144,289,000 after purchasing an additional 141,020 shares during the period. Allstate Corp bought a new stake in Burlington Stores in the fourth quarter valued at $532,000. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of Burlington Stores by 3.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 8,534 shares of the company’s stock valued at $2,433,000 after purchasing an additional 323 shares during the period.

Insider Activity

In other news, CMO Jennifer Vecchio sold 493 shares of the company’s 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 transaction, the chief marketing officer now owns 58,944 shares of the company’s stock, valued at $16,253,808. This represents a 0.83 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.91% of the company’s stock.

Analyst Ratings Changes

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

Burlington Stores Stock Performance

Shares of BURL opened at $230.52 on Monday. The stock has a 50 day moving average of $248.86 and a 200 day moving average of $265.23. 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. The company 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.

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