Rothschild Capital Partners LLC Takes Position in Burlington Stores Inc (BURL)

Rothschild Capital Partners LLC bought a new position in Burlington Stores Inc (NYSE:BURL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,519 shares of the company’s stock, valued at approximately $2,278,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. FNY Managed Accounts LLC bought a new position in shares of Burlington Stores in the third quarter worth $114,000. Daiwa Securities Group Inc. bought a new position in Burlington Stores in the third quarter valued at about $143,000. Advisor Group Inc. grew its position in Burlington Stores by 9.2% in the second quarter. Advisor Group Inc. now owns 1,520 shares of the company’s stock valued at $139,000 after acquiring an additional 128 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Burlington Stores by 10.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,257 shares of the company’s stock valued at $208,000 after acquiring an additional 210 shares during the last quarter. Finally, Vident Investment Advisory LLC bought a new position in Burlington Stores in the third quarter valued at about $230,000.

BURL has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Burlington Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 30th. Wells Fargo & Co set a $143.00 price objective on Burlington Stores and gave the stock a “buy” rating in a research note on Thursday, January 11th. Cowen set a $132.00 price objective on Burlington Stores and gave the stock a “buy” rating in a research note on Monday, December 11th. BidaskClub upgraded Burlington Stores from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Finally, Buckingham Research restated a “buy” rating and set a $107.00 target price on shares of Burlington Stores in a report on Thursday, October 19th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $114.95.

In other news, CEO Thomas Kingsbury sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $117.91, for a total transaction of $2,358,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Joyce Manning Magrini sold 2,400 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $122.16, for a total value of $293,184.00. Following the sale, the insider now owns 38,214 shares in the company, valued at $4,668,222.24. The disclosure for this sale can be found here. Insiders have sold a total of 87,701 shares of company stock worth $9,977,154 over the last 90 days. Insiders own 2.60% of the company’s stock.

Shares of Burlington Stores Inc (NYSE:BURL) traded up $1.13 on Thursday, reaching $121.09. The company’s stock had a trading volume of 70,582 shares, compared to its average volume of 876,983. Burlington Stores Inc has a 12 month low of $79.07 and a 12 month high of $128.93. The company has a debt-to-equity ratio of -11.71, a current ratio of 1.02 and a quick ratio of 0.22. The firm has a market cap of $8,094.88, a P/E ratio of 31.70, a P/E/G ratio of 1.24 and a beta of 0.48.

Burlington Stores (NYSE:BURL) last posted its earnings results on Tuesday, November 21st. The company reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.05. Burlington Stores had a negative return on equity of 374.86% and a net margin of 4.61%. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm earned $0.51 EPS. The company’s quarterly revenue was up 7.1% on a year-over-year basis. analysts predict that Burlington Stores Inc will post 4.28 earnings per share for the current fiscal year.

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Burlington Stores Company Profile

Burlington Stores, Inc is a retailer of branded apparel. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. Its product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys.

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

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