Buckingham Capital Management INC Decreased Its Burlington Stor (BURL) Stake

Leslie Hanson
April 19, 2018

Cannell Cap Limited Liability Company reported 1.91M shares stake. The institutional investor held 33,385 shares of the consumer services company at the end of 2017Q4, valued at $4.11 million, up from 18,100 at the end of the previous reported quarter.

Burlington Stores, Inc. registered $14.01 million net activity with 0 insider purchases and 11 selling transactions since December 11, 2017.

Its shares touched $139.06 on during the last trading session after 0.22% change.Burlington Stores, Inc. has volume of 233,737 shares. About 337,783 shares traded. (NYSE:BURL)'s Buy count is 0 and Strong Buy is 12 while the number of analysts recommending Sell and Strong Sell are 0 and 0, respectively. It has outperformed by 25.62% the S&P500. The stock was sold at an average price of $96.44, for a total transaction of $321,434.52. Selway Asset Management who had been investing in General Electric for a number of months, seems to be less bullish one the $119.75 billion market cap company. The stock decreased 0.14% or $0.19 during the last trading session, reaching $139.17. About 72.13 million shares traded. (NYSE:AEP) has risen 1.09% since April 18, 2017 and is uptrending. It has underperformed by 5.02% the S&P500. Finally, OLD National Bancorp IN acquired a new stake in shares of Burlington in the fourth quarter valued at approximately $225,000.

Investors sentiment increased to 0.95 in 2017 Q4. The ratio improved due to Burlington Stores, Inc. positioning: 30 sold and 114 reduced. 62 funds took stakes and 75 increased stakes. (NASDAQ:VCYT). Grandeur Peak Glob Advsrs accumulated 0.28% or 325,889 shares. Voya Investment Mgmt Ltd Liability accumulated 0% or 11,713 shares. Insiders own 2.21% of the company's stock. State Of Alaska Department Of Revenue accumulated 4,600 shares. (NYSE:BURL). Ci reported 190,250 shares or 0.22% of all its holdings. Ameriprise Inc holds 0.03% of its portfolio in Burlington Stores, Inc. (NYSE:BURL) was sold by MAGRINI JOYCE MANNING. Keybank Natl Association Oh has invested 0.02% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Los Angeles Cap And Equity stated it has 0.02% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Artemis Invest Management Ltd Liability Partnership owns 357,371 shs. Stratos Wealth Prns holds 0% or 218 shares in its portfolio. Cubist Systematic Strategies Ltd Liability stated it has 8,858 shares or 0.06% of all its holdings.


Burlington Stores, Inc. (BURL) closed 31.69% above its 200-day moving average and is 10.35% above another chart threshold, its 50-day moving average. A month ago, analyst EPS consensus estimated earnings of US$1.09 per share. Ellington Mgmt Ltd reported 0.21% in Burlington Stores, Inc. Artisan Ptnrs Lp holds 0.08% in Burlington Stores, Inc. Therefore 100% are positive. Analysts anticipate that Burlington Stores will post $3.89 earnings per share for the current year. M Partners maintained it with "Buy" rating and $150 target in Monday, March 12 report. The rating was downgraded by Buckingham Research on Friday, September 9 to "Neutral". BB&T Capital upgraded Burlington Stores, Inc. 22 are the (NYSE:BURL)'s analyst reports since October 19, 2017 according to StockzIntelligence Inc. (NYSE:BURL) rating on Tuesday, May 30. On Friday, September 8 the stock rating was maintained by Morgan Stanley with "Equal-Weight". On Friday, March 9 the stock of Burlington Stores, Inc. Buckingham Research maintained the shares of BURL in report on Friday, March 9 with "Buy" rating. On Tuesday, November 21 the rating was maintained by Cowen & Co with "Buy".

On Monday, March 12 Kingsbury Thomas sold $2.52M worth of Burlington Stores, Inc. The stock was sold at an average price of $137.13, for a total value of $2,742,600.00. 7,000 shares valued at $893,550 were sold by Hand Fred on Tuesday, March 13. Sullivan Paul had sold 5,000 shares worth $635,050.

According to a filing Buckingham Capital Management Inc rose its stake in Johnson Controls International by 80,475 shares to 168,234 shares, valued at $6.41 million in 2017Q4. They expect $1.08 earnings per share, up 47.95% or $0.35 from last year's $0.73 per share. BURL's profit will be $73.22 million for 32.25 P/E if the $1.08 EPS becomes a reality. The company reported $2.17 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.08. Zacks Investment Research raised shares of Burlington from a "hold" rating to a "buy" rating and set a $142.00 price objective on the stock in a research note on Wednesday, January 24th. Biocept Inc had 4 analyst reports since August 19, 2015 according to SRatingsIntel. On Thursday, November 23 the rating was maintained by Suntrust Robinson with "Buy".

In a research report revealed to investors on today, KeyBanc reconfirmed their "Overweight" rating on American Electric Power (NYSE:AEP)'s stock. William Blair also issued estimates for Burlington's Q1 2020 earnings at $1.29 EPS, Q2 2020 earnings at $1.06 EPS, Q3 2020 earnings at $1.18 EPS, Q4 2020 earnings at $3.37 EPS and FY2020 earnings at $6.85 EPS.

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