B. Metzler seel. Sohn & Co. Holding AG Invests $594,000 in Burlington Stores, Inc. (NYSE:BURL)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Burlington Stores, Inc. (NYSE:BURL) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,254 shares of the company’s stock, valued at approximately $594,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BURL. Crewe Advisors LLC acquired a new position in shares of Burlington Stores during the 2nd quarter worth about $25,000. ORG Partners LLC acquired a new position in Burlington Stores during the second quarter valued at approximately $38,000. Blue Trust Inc. increased its stake in Burlington Stores by 619.2% in the second quarter. Blue Trust Inc. now owns 187 shares of the company’s stock valued at $43,000 after purchasing an additional 161 shares in the last quarter. American National Bank acquired a new stake in Burlington Stores in the second quarter worth $47,000. Finally, UMB Bank n.a. boosted its position in shares of Burlington Stores by 391.7% during the third quarter. UMB Bank n.a. now owns 177 shares of the company’s stock worth $47,000 after purchasing an additional 141 shares in the last quarter.

Insiders Place Their Bets

In related news, Director Paul Sullivan sold 1,705 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $277.05, for a total value of $472,370.25. Following the completion of the sale, the director now owns 7,393 shares in the company, valued at $2,048,230.65. The trade was a 18.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.91% of the company’s stock.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $286.17 on Monday. The stock has a fifty day moving average of $261.34 and a 200-day moving average of $248.05. The stock has a market cap of $18.22 billion, a PE ratio of 43.03, a price-to-earnings-growth ratio of 1.39 and a beta of 1.64. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.48 and a current ratio of 1.04. Burlington Stores, Inc. has a fifty-two week low of $168.49 and a fifty-two week high of $288.98.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 29th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.25. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.42 billion. Burlington Stores had a net margin of 4.18% and a return on equity of 47.43%. Burlington Stores’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. Equities research analysts anticipate that Burlington Stores, Inc. will post 7.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price objective on Burlington Stores from $278.00 to $310.00 and gave the company a “buy” rating in a report on Friday, August 30th. Barclays upped their price target on shares of Burlington Stores from $274.00 to $327.00 and gave the company an “overweight” rating in a report on Friday, August 30th. Wells Fargo & Company raised their price objective on shares of Burlington Stores from $300.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, August 23rd. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Burlington Stores in a research note on Thursday, August 29th. Finally, Morgan Stanley lifted their price target on Burlington Stores from $284.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, August 30th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $297.56.

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.