XTX Topco Ltd Has $345,000 Stock Holdings in Burlington Stores, Inc. (NYSE:BURL)

XTX Topco Ltd lowered its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 44.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,439 shares of the company’s stock after selling 1,155 shares during the quarter. XTX Topco Ltd’s holdings in Burlington Stores were worth $345,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in Burlington Stores by 20.4% during the second quarter. GAMMA Investing LLC now owns 313 shares of the company’s stock worth $75,000 after purchasing an additional 53 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of Burlington Stores by 3.4% during the 1st quarter. Park Avenue Securities LLC now owns 1,661 shares of the company’s stock worth $386,000 after buying an additional 54 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Burlington Stores by 9.1% in the 2nd quarter. Signaturefd LLC now owns 648 shares of the company’s stock valued at $156,000 after acquiring an additional 54 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of Burlington Stores by 6.5% in the second quarter. Atomi Financial Group Inc. now owns 1,066 shares of the company’s stock valued at $256,000 after acquiring an additional 65 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in Burlington Stores by 2.8% during the second quarter. Sequoia Financial Advisors LLC now owns 2,623 shares of the company’s stock worth $630,000 after acquiring an additional 71 shares in the last quarter.

Burlington Stores Stock Down 0.5 %

BURL stock opened at $274.73 on Friday. The business’s fifty day moving average price is $262.95 and its two-hundred day moving average price is $231.26. The stock has a market capitalization of $17.53 billion, a price-to-earnings ratio of 46.02, a PEG ratio of 1.39 and a beta of 1.64. Burlington Stores, Inc. has a fifty-two week low of $115.66 and a fifty-two week high of $282.49. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.04 and a quick ratio of 0.48.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 29th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.25. Burlington Stores had a net margin of 4.18% and a return on equity of 47.43%. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the previous year, the company earned $0.60 EPS. The business’s revenue was up 13.4% on a year-over-year basis. On average, equities analysts anticipate that Burlington Stores, Inc. will post 7.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BURL has been the topic of several recent analyst reports. Citigroup boosted their price target on Burlington Stores from $276.00 to $313.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Robert W. Baird upped their price target on shares of Burlington Stores from $260.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, May 31st. Gordon Haskett upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a research note on Monday, August 19th. Evercore ISI boosted their price objective on shares of Burlington Stores from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Finally, Barclays raised their target price on shares of Burlington Stores from $274.00 to $327.00 and gave the company an “overweight” rating in a research note on Friday, August 30th. One investment analyst has rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $294.94.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 494 shares of Burlington Stores stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $255.37, for a total value of $126,152.78. Following the completion of the transaction, the chief marketing officer now directly owns 61,907 shares of the company’s stock, valued at approximately $15,809,190.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CMO Jennifer Vecchio sold 494 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $255.37, for a total value of $126,152.78. Following the transaction, the chief marketing officer now owns 61,907 shares in the company, valued at $15,809,190.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul Sullivan sold 1,705 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $277.05, for a total value of $472,370.25. Following the completion of the transaction, the director now directly owns 7,393 shares of the company’s stock, valued at approximately $2,048,230.65. The disclosure for this sale can be found here. 0.91% of the stock is currently owned by company insiders.

Burlington Stores 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.