Prospera Financial Services Inc Acquires 3,484 Shares of Burlington Stores, Inc. $BURL

Prospera Financial Services Inc grew its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 333.7% in the second quarter, HoldingsChannel reports. The fund owned 4,528 shares of the company’s stock after purchasing an additional 3,484 shares during the quarter. Prospera Financial Services Inc’s holdings in Burlington Stores were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Burlington Stores Trading Up 0.2%

BURL stock opened at $286.80 on Thursday. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. The company has a market capitalization of $18.08 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 2.14 and a beta of 1.74. The business has a 50 day simple moving average of $270.58 and a two-hundred day simple moving average of $261.16.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter last year, the business posted $1.24 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BURL. Morgan Stanley boosted their price objective on Burlington Stores from $328.00 to $330.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Citigroup lowered their price target on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. UBS Group upped their price target on shares of Burlington Stores from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Evercore ISI increased their price objective on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Bank of America raised their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $344.14.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at approximately $671,906.25. The trade was a 31.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $115,007.12. Following the completion of the sale, the chief marketing officer owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,626 shares of company stock worth $452,804. 1.10% of the stock is currently owned by insiders.

Burlington Stores Company 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.