Burlington Stores INC (BURL) Share Price Rose While Nicholas Investment Partners LP Has Decreased Its Stake

Burlington Stores, Inc. (NYSE:BURL) LogoInvestors sentiment increased to 1.25 in Q2 2018. Its up 0.25, from 1 in 2018Q1. It improved, as 31 investors sold BURL shares while 107 reduced holdings. 58 funds opened positions while 114 raised stakes. 63.76 million shares or 2.45% less from 65.36 million shares in 2018Q1 were reported. First Advsr LP holds 0.05% of its portfolio in Burlington Stores, Inc. (NYSE:BURL) for 149,491 shares. Oakbrook Invests Ltd Co holds 2,050 shares. Profund Advisors Ltd reported 1,648 shares. Campbell & Adviser Ltd Limited Liability Company holds 0.23% in Burlington Stores, Inc. (NYSE:BURL) or 2,000 shares. Jpmorgan Chase has 0.01% invested in Burlington Stores, Inc. (NYSE:BURL). Franklin Resources has 0.02% invested in Burlington Stores, Inc. (NYSE:BURL). Cap Fund Mngmt reported 75,730 shares. Victory Cap Mngmt Incorporated accumulated 930,560 shares or 0.3% of the stock. Invesco Limited has invested 0.02% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Petrus Tru Lta holds 2,343 shares or 0.07% of its portfolio. Brown Brothers Harriman & holds 0% or 55 shares in its portfolio. Suntrust Banks owns 30,177 shares. Goldman Sachs holds 1.74M shares. Moreover, Robeco Institutional Asset Mngmt Bv has 0.07% invested in Burlington Stores, Inc. (NYSE:BURL). Nuveen Asset Management Limited Liability Com reported 132,056 shares stake.

Since June 11, 2018, it had 0 insider buys, and 14 sales for $17.19 million activity. Another trade for 20,000 shares valued at $3.13M was sold by Kingsbury Thomas. Another trade for 7,500 shares valued at $1.16 million was sold by Katz Marc. Another trade for 2,200 shares valued at $381,810 was sold by Crimmins John. Shares for $619,299 were sold by Hand Fred.

Nicholas Investment Partners Lp decreased its stake in Burlington Stores Inc (BURL) by 59.16% based on its latest 2018Q2 regulatory filing with the SEC. Nicholas Investment Partners Lp sold 84,591 shares as the company’s stock rose 8.40% with the market. The institutional investor held 58,405 shares of the consumer services company at the end of 2018Q2, valued at $8.79 million, down from 142,996 at the end of the previous reported quarter. Nicholas Investment Partners Lp who had been investing in Burlington Stores Inc for a number of months, seems to be less bullish one the $10.64B market cap company. The stock decreased 5.83% or $9.76 during the last trading session, reaching $157.79. About 1.12 million shares traded. Burlington Stores, Inc. (NYSE:BURL) has risen 86.98% since December 8, 2017 and is uptrending. It has outperformed by 71.36% the S&P500.

Nicholas Investment Partners Lp, which manages about $1.37B and $1.42B US Long portfolio, upped its stake in Bank Of Nt Butterfield&Son L by 87,971 shares to 190,641 shares, valued at $8.72 million in 2018Q2, according to the filing. It also increased its holding in Nomad Foods Ltd by 462,039 shares in the quarter, for a total of 948,672 shares, and has risen its stake in Viavi Solutions Inc.

Analysts await Burlington Stores, Inc. (NYSE:BURL) to report earnings on March, 14. They expect $2.76 earnings per share, up 27.19 % or $0.59 from last year’s $2.17 per share. BURL’s profit will be $186.04M for 14.29 P/E if the $2.76 EPS becomes a reality. After $1.21 actual earnings per share reported by Burlington Stores, Inc. for the previous quarter, Wall Street now forecasts 128.10 % EPS growth.

More notable recent Burlington Stores, Inc. (NYSE:BURL) news were published by: Fool.com which released: “A Tale of 2 Fashions: Chico’s Craters, While Burlington Keeps Climbing – The Motley Fool” on December 02, 2018, also Benzinga.com with their article: “10 Stocks To Watch For November 28, 2018 – Benzinga” published on November 28, 2018, Benzinga.com published: “10 Biggest Price Target Changes For Thursday – Benzinga” on November 29, 2018. More interesting news about Burlington Stores, Inc. (NYSE:BURL) were released by: Seekingalpha.com and their article: “Burlington Stores higher on earnings beat and raised FY2018 guidance – Seeking Alpha” published on November 28, 2018 as well as Fool.com‘s news article titled: “What Marriott’s Security Breach Means for the Long Term – The Motley Fool” with publication date: December 03, 2018.

Burlington Stores, Inc. (NYSE:BURL) Ratings Coverage

Among 15 analysts covering Burlington Stores (NYSE:BURL), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Burlington Stores had 21 analyst reports since June 21, 2018 according to SRatingsIntel. The stock of Burlington Stores, Inc. (NYSE:BURL) has “Outperform” rating given on Friday, August 31 by Credit Suisse. The firm has “Neutral” rating given on Friday, November 2 by Wedbush. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 31. Buckingham Research maintained Burlington Stores, Inc. (NYSE:BURL) on Monday, August 20 with “Buy” rating. The rating was maintained by Morgan Stanley with “Overweight” on Friday, August 31. The company was maintained on Thursday, November 29 by Citigroup. Deutsche Bank maintained it with “Buy” rating and $175 target in Monday, August 20 report. Cowen & Co maintained Burlington Stores, Inc. (NYSE:BURL) rating on Thursday, August 30. Cowen & Co has “Outperform” rating and $177 target. On Friday, August 31 the stock rating was maintained by Citigroup with “Neutral”. The company was maintained on Friday, August 31 by Wells Fargo.

Burlington Stores, Inc. (NYSE:BURL) Institutional Positions Chart

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