Boothbay Fund Management LLC Sells 33,625 Shares of Burlington Stores, Inc. $BURL

by · The Cerbat Gem

Boothbay Fund Management LLC decreased its position in Burlington Stores, Inc. (NYSE:BURL – Free Report) by 52.4% during the second quarter, Holdings Channel.com reports. The fund owned 30,504 shares of the company’s stock after selling 33,625 shares during the quarter. Boothbay Fund Management LLC’s holdings in Burlington Stores were worth $7,096,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BURL. WPG Advisers LLC bought a new stake in shares of Burlington Stores in the first quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Burlington Stores by 250.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after buying an additional 133 shares during the period. Brooklyn Investment Group grew its position in shares of Burlington Stores by 48.2% in the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after buying an additional 67 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Burlington Stores by 362.5% during the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock valued at $52,000 after buying an additional 174 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after acquiring an additional 38 shares in the last quarter.

Burlington Stores Trading Down 1.3%

NYSE:BURL opened at $265.86 on Friday. The firm has a market capitalization of $16.73 billion, a P/E ratio of 30.56, a PEG ratio of 1.77 and a beta of 1.79. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The company’s 50-day simple moving average is $269.98 and its 200 day simple moving average is $264.12.

Burlington Stores (NYSE:BURL – Get Free Report) last announced its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. As a group, analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Ratings Changes

BURL has been the topic of a number of research analyst reports. Morgan Stanley reduced their price objective on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. TD Cowen reduced their price target on shares of Burlington Stores from $330.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Citigroup decreased their price target on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Guggenheim started coverage on Burlington Stores in a research report on Tuesday. They set a “neutral” rating on the stock. Finally, Wells Fargo & Company reduced their target price on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $336.21.

View Our Latest Stock Analysis on Burlington Stores

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Burlington Stores Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BURL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Burlington Stores, Inc. (NYSE:BURL – Free Report).