Burlington Stores Inc (NYSE:BURL) insider Fred Hand sold 21,383 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $225.92, for a total transaction of $4,830,847.36. Following the sale, the insider now directly owns 70,786 shares of the company’s stock, valued at approximately $15,991,973.12. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

BURL traded down $2.48 on Tuesday, hitting $223.07. 1,527,117 shares of the company’s stock traded hands, compared to its average volume of 1,054,725. The company’s 50 day simple moving average is $203.95 and its 200-day simple moving average is $185.07. The company has a current ratio of 0.88, a quick ratio of 0.26 and a debt-to-equity ratio of 8.28. Burlington Stores Inc has a one year low of $136.30 and a one year high of $229.96. The firm has a market cap of $14.91 billion, a price-to-earnings ratio of 34.64, a P/E/G ratio of 1.96 and a beta of 0.26.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $1.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.41 by $0.14. Burlington Stores had a return on equity of 145.12% and a net margin of 6.26%. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the prior year, the company posted $1.21 EPS. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, equities analysts anticipate that Burlington Stores Inc will post 7.34 EPS for the current fiscal year.

Several analysts have issued reports on the company. Barclays boosted their price target on Burlington Stores from $239.00 to $251.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Wedbush lifted their price objective on Burlington Stores from $200.00 to $225.00 and gave the company a “neutral” rating in a research report on Wednesday, November 27th. Nomura boosted their price objective on Burlington Stores from $220.00 to $252.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. UBS Group raised shares of Burlington Stores from a “sell” rating to a “neutral” rating and increased their target price for the stock from $121.00 to $200.00 in a report on Tuesday, September 17th. Finally, Royal Bank of Canada initiated coverage on shares of Burlington Stores in a research note on Monday, November 11th. They set an “outperform” rating and a $230.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Burlington Stores has a consensus rating of “Buy” and an average price target of $230.17.

Several hedge funds have recently added to or reduced their stakes in BURL. Squar Milner Financial Services LLC grew its holdings in Burlington Stores by 274.4% during the 3rd quarter. Squar Milner Financial Services LLC now owns 146 shares of the company’s stock valued at $29,000 after buying an additional 107 shares in the last quarter. KCS Wealth Advisory bought a new stake in Burlington Stores in the third quarter worth $40,000. Steward Partners Investment Advisory LLC bought a new stake in Burlington Stores in the second quarter worth $41,000. Massmutual Trust Co. FSB ADV grew its holdings in Burlington Stores by 187.4% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 250 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Burlington Stores by 85.9% during the 3rd quarter. Parallel Advisors LLC now owns 316 shares of the company’s stock valued at $63,000 after purchasing an additional 146 shares during the last quarter.

About Burlington Stores

Burlington Stores, Inc operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including women's ready-to-wear apparel, accessories, footwear, menswear, youth apparel, coats, toys, and gifts, as well as baby, home, and beauty products.

Further Reading: Buy Rating

Insider Buying and Selling by Quarter for Burlington Stores (NYSE:BURL)

Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.