Fred Hand Sells 6,486 Shares of Burlington Stores Inc (BURL) Stock

Burlington Stores Inc (NYSE:BURL) insider Fred Hand sold 6,486 shares of the company’s stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $156.90, for a total transaction of $1,017,653.40. Following the completion of the sale, the insider now directly owns 55,489 shares in the company, valued at approximately $8,706,224.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Fred Hand also recently made the following trade(s):

  • On Monday, March 18th, Fred Hand sold 6,486 shares of Burlington Stores stock. The shares were sold at an average price of $140.00, for a total transaction of $908,040.00.
  • On Tuesday, February 5th, Fred Hand sold 4,075 shares of Burlington Stores stock. The shares were sold at an average price of $175.19, for a total transaction of $713,899.25.

BURL stock traded up $1.72 on Monday, hitting $160.15. 707,764 shares of the company were exchanged, compared to its average volume of 1,189,294. Burlington Stores Inc has a twelve month low of $132.35 and a twelve month high of $180.27. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.25 and a current ratio of 1.02. The firm has a market capitalization of $10.62 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 1.30 and a beta of 0.14.



Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, March 7th. The company reported $2.83 EPS for the quarter, topping the consensus estimate of $2.77 by $0.06. Burlington Stores had a net margin of 6.22% and a return on equity of 226.76%. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same quarter in the prior year, the business posted $3.59 earnings per share. Burlington Stores’s revenue for the quarter was up 3.2% compared to the same quarter last year. As a group, equities analysts forecast that Burlington Stores Inc will post 7.03 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of the stock. Claybrook Capital LLC purchased a new stake in Burlington Stores during the fourth quarter worth approximately $25,000. Pearl River Capital LLC acquired a new position in shares of Burlington Stores in the fourth quarter worth about $33,000. Huntington National Bank boosted its holdings in shares of Burlington Stores by 147.2% in the first quarter. Huntington National Bank now owns 220 shares of the company’s stock worth $34,000 after buying an additional 131 shares during the period. Executive Wealth Management LLC acquired a new position in shares of Burlington Stores in the fourth quarter worth about $54,000. Finally, Tributary Capital Management LLC acquired a new position in shares of Burlington Stores in the fourth quarter worth about $57,000.

BURL has been the topic of several recent research reports. Wedbush reduced their price target on shares of Burlington Stores from $160.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, March 8th. Telsey Advisory Group lowered shares of Burlington Stores from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $190.00 to $165.00 in a research report on Friday, March 8th. ValuEngine lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th. Citigroup cut their price objective on shares of Burlington Stores from $175.00 to $158.00 and set a “neutral” rating for the company in a research report on Friday, March 8th. Finally, Cowen set a $165.00 price objective on shares of Burlington Stores and gave the company a “buy” rating in a research report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $176.50.

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Burlington Stores Company Profile

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, and gifts, as well as baby, home, and beauty products. As of February 3, 2018, it operated 629 stores, including an Internet store in 45 states and Puerto Rico.

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

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