Nisa Investment Advisors LLC Has $121,000 Stock Holdings in Burlington Stores, Inc. (NYSE:BURL)

Nisa Investment Advisors LLC lowered its position in Burlington Stores, Inc. (NYSE:BURL) by 90.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 425 shares of the company’s stock after selling 4,145 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Burlington Stores were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in BURL. Fortitude Family Office LLC increased its position in Burlington Stores by 148.6% in the 4th quarter. Fortitude Family Office LLC now owns 92 shares of the company’s stock valued at $26,000 after acquiring an additional 55 shares during the period. RPg Family Wealth Advisory LLC bought a new stake in shares of Burlington Stores in the third quarter worth $26,000. Brooklyn Investment Group acquired a new stake in Burlington Stores in the third quarter valued at $33,000. MassMutual Private Wealth & Trust FSB raised its position in Burlington Stores by 36.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the company’s stock worth $49,000 after purchasing an additional 46 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Burlington Stores by 391.7% during the 3rd quarter. UMB Bank n.a. now owns 177 shares of the company’s stock worth $47,000 after buying an additional 141 shares during the period.

Insiders Place Their Bets

In other news, CMO Jennifer Vecchio sold 494 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $284.95, for a total value of $140,765.30. Following the completion of the sale, the chief marketing officer now owns 59,437 shares in the company, valued at $16,936,573.15. This represents a 0.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on BURL shares. Robert W. Baird lifted their price objective on Burlington Stores from $315.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. TD Cowen boosted their price target on shares of Burlington Stores from $334.00 to $339.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. UBS Group raised shares of Burlington Stores from a “neutral” rating to a “buy” rating and upped their price objective for the company from $280.00 to $360.00 in a research note on Friday, January 10th. StockNews.com downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Finally, Barclays cut their price target on shares of Burlington Stores from $327.00 to $317.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and a consensus price target of $317.87.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $293.73 on Friday. The stock’s 50 day moving average is $288.26 and its 200-day moving average is $269.99. Burlington Stores, Inc. has a twelve month low of $174.64 and a twelve month high of $298.89. The company has a quick ratio of 0.54, a current ratio of 1.17 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 1.55 and a beta of 1.63.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.01. Burlington Stores had a net margin of 4.49% and a return on equity of 47.52%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period last year, the firm earned $0.98 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

About Burlington Stores

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.