Eisler Capital Management Ltd. Invests $1.82 Million in Burlington Stores, Inc. (NYSE:BURL)

Eisler Capital Management Ltd. acquired a new position in Burlington Stores, Inc. (NYSE:BURL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,367 shares of the company’s stock, valued at approximately $1,818,000.

Several other institutional investors have also added to or reduced their stakes in BURL. Argonautica Private Wealth Management Inc. boosted its stake in shares of Burlington Stores by 1.1% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 3,728 shares of the company’s stock valued at $1,063,000 after purchasing an additional 39 shares during the last quarter. IFP Advisors Inc boosted its position in Burlington Stores by 81.6% during the fourth quarter. IFP Advisors Inc now owns 89 shares of the company’s stock valued at $25,000 after acquiring an additional 40 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its holdings in Burlington Stores by 4.2% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 1,051 shares of the company’s stock worth $300,000 after acquiring an additional 42 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Burlington Stores by 36.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company’s stock worth $49,000 after acquiring an additional 46 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its position in shares of Burlington Stores by 21.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 269 shares of the company’s stock worth $77,000 after acquiring an additional 48 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BURL shares. Morgan Stanley decreased their price objective on Burlington Stores from $297.00 to $269.00 and set an “overweight” rating for the company in a report on Tuesday. Wells Fargo & Company decreased their price target on shares of Burlington Stores from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $340.00 price objective on shares of Burlington Stores in a research note on Thursday, March 6th. Citigroup decreased their target price on shares of Burlington Stores from $344.00 to $340.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Finally, Barclays raised their price target on shares of Burlington Stores from $317.00 to $329.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus target price of $319.60.

Insiders Place Their Bets

In related news, CMO Jennifer Vecchio sold 4,939 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $239.94, for a total value of $1,185,063.66. Following the transaction, the chief marketing officer now directly owns 70,006 shares in the company, valued at approximately $16,797,239.64. This represents a 6.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Travis Marquette sold 190 shares of Burlington Stores stock in a transaction on Monday, May 5th. The stock was sold at an average price of $237.63, for a total transaction of $45,149.70. Following the sale, the chief operating officer now directly owns 22,858 shares of the company’s stock, valued at $5,431,746.54. This represents a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores Stock Performance

Shares of BURL stock opened at $248.78 on Friday. Burlington Stores, Inc. has a 12 month low of $181.87 and a 12 month high of $298.89. The stock has a market capitalization of $15.67 billion, a P/E ratio of 34.08, a PEG ratio of 1.11 and a beta of 1.70. 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 firm’s 50 day moving average is $234.89 and its 200 day moving average is $259.73.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 6th. The company reported $4.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.75 by $0.32. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The company had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.25 billion. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Burlington Stores Company 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.