Rise Advisors LLC Invests $40,000 in Burlington Stores, Inc. (NYSE:BURL)

Rise Advisors LLC purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 172 shares of the company’s stock, valued at approximately $40,000.

A number of other large investors have also added to or reduced their stakes in the stock. Lindbrook Capital LLC grew its position in shares of Burlington Stores by 114.6% during the 4th quarter. Lindbrook Capital LLC now owns 176 shares of the company’s stock valued at $34,000 after acquiring an additional 94 shares during the period. GAMMA Investing LLC purchased a new position in Burlington Stores in the fourth quarter valued at approximately $41,000. Mather Group LLC. purchased a new position in Burlington Stores in the first quarter valued at approximately $48,000. Fifth Third Bancorp purchased a new stake in Burlington Stores in the fourth quarter worth $50,000. Finally, Operose Advisors LLC bought a new stake in shares of Burlington Stores in the third quarter valued at $84,000.

Burlington Stores Price Performance

NYSE:BURL opened at $237.62 on Friday. Burlington Stores, Inc. has a 52-week low of $115.66 and a 52-week high of $243.64. The stock has a fifty day moving average of $202.03 and a 200 day moving average of $200.89. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.52 and a current ratio of 1.07. The firm has a market capitalization of $15.17 billion, a price-to-earnings ratio of 39.80, a P/E/G ratio of 1.25 and a beta of 1.61.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 30th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.38. The firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.34 billion. Burlington Stores had a return on equity of 46.39% and a net margin of 3.87%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the company posted $0.84 EPS. On average, research analysts expect that Burlington Stores, Inc. will post 7.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BURL shares. Wells Fargo & Company increased their price target on Burlington Stores from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, May 31st. Barclays lifted their target price on shares of Burlington Stores from $252.00 to $274.00 and gave the stock an “overweight” rating in a research note on Friday, May 31st. Telsey Advisory Group reissued an “outperform” rating and issued a $250.00 price target on shares of Burlington Stores in a research report on Thursday, May 30th. StockNews.com raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, March 9th. Finally, Morgan Stanley lowered their target price on shares of Burlington Stores from $233.00 to $218.00 and set an “overweight” rating on the stock in a report on Monday, May 6th. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average price target of $246.87.

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.