Burlington Stores, Inc. (BURL) Given Buy Rating at Cowen and Company

Burlington Stores

Stock buyback plans are often a sign that the company's management believes its shares are undervalued. About 26.45 million shares traded. Ladenburg Thalmann Financial Services Inc. now owns 2,878 shares of the company's stock valued at $276,000 after acquiring an additional 886 shares during the last quarter.

WARNING: "Burlington Stores, Inc". It has outperformed by 60.98% the S&P500.The move comes after 8 months negative chart setup for the $7.09B company. The company has market cap of $2.39 billion. It has a 52.82 P/E ratio.

Shares of Burlington Stores (NYSE:BURL) traded down $2.73 during mid-day trading on Thursday, reaching $102.21. $329,228 worth of stock was sold by MAGRINI JOYCE MANNING on Thursday, June 1. The rating was downgraded by Zacks on Tuesday, August 11 to "Buy". The stock now has an average rating of "Buy" and a consensus target price of $97.89.

Investors sentiment increased to 1.15 in 2017 Q2. Its down 0.07, from 1.16 in 2017Q1. Liberty Mutual Gru Asset Mngmt has 0.6% invested in AT&T Inc. 43 funds opened positions while 102 raised stakes. Neuberger Berman Grp Ltd Com holds 0% or 9,294 shares. Stevens Capital Management Ltd Partnership invested in 5,753 shares. The short-interest ratio decreased to 6.0 and the percentage of shorted shares is 0.08% as of October 31. State Street Corp bolstered its holdings by buying 37,142 shares an increase of 3.9%. The New York-based Blackrock Inc. has invested 0% in the stock. Fincl Architects Incorporated holds 2,334 shares or 0.04% of its portfolio. Adirondack Rech & Management holds 13,556 shares or 0.2% of its portfolio. Next Group owns 100 shares. Stifel Fincl invested in 10,863 shares. Ci holds 0.2% or 196,150 shares in its portfolio. (NASDAQ:IDCC). Laurion Capital Lp stated it has 0.01% in InterDigital, Inc.

Cowen and Company reaffirmed their buy rating on shares of Burlington Stores, Inc. Therefore 82% are positive.

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Burlington Stores, Inc. has a 52 week low of $79.07 and a 52 week high of $106.89. The stock was sold at an average price of $87.81, for a total transaction of $1,756,200.00. Cheetah Mobile Inc had 8 analyst reports since September 14, 2015 according to SRatingsIntel.

Burlington Stores Company Profile Burlington Stores, Inc is a retailer of branded apparel. Credit Suisse Group lowered Burlington Stores from an "outperform" rating to a "neutral" rating and cut their price target for the company from $97.00 to $89.00 in a research note on Wednesday, August 2nd. The company was maintained on Tuesday, May 30 by Cowen & Co. The firm has "Outperform" rating by Telsey Advisory Group given on Wednesday, November 22. The stock has "Buy" rating by Cowen & Co on Tuesday, November 21. Four equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $61.73. Cowen & Co maintained the stock with "Outperform" rating in Friday, August 26 report. The firm has "Buy" rating given on Tuesday, January 19 by BB&T Capital.

Investors sentiment decreased to 0.83 in Q2 2017. Its down 0.12, from 0.95 in 2017Q1. 49 funds opened positions while 80 raised stakes. Swiss Savings Bank reported 0.01% in Burlington Stores Inc (NYSE:BURL). D E Shaw Inc holds 0.04% in InterDigital, Inc. Quintiliano now forecasts that the company will post earnings per share of $4.28 for the year, up from their previous forecast of $4.20. Citigroup maintained the shares of BURL in report on Friday, August 26 with "Neutral" rating. Geneva Advsrs Limited owns 3,710 shares or 0.01% of their United States portfolio. Public Employees Retirement System Of Ohio owns 146,488 shares worth $13,984,000. Chicago Equity Prtnrs Ltd Company holds 0.32% of its portfolio in Burlington Stores Inc (NYSE:BURL) for 128,080 shares. The correct version of this piece can be read at https://www.thelincolnianonline.com/2017/11/23/suntrust-banks-analysts-raise-earnings-estimates-for-burlington-stores-inc-burl.html. Jpmorgan Chase reported 0.02% in Burlington Stores Inc (NYSE:BURL). It dived, as 41 investors sold Burlington Stores Inc shares while 114 reduced holdings. Highbridge Management Limited Liability Com has invested 0.14% in Burlington Stores Inc (NYSE:BURL). Massachusetts Serv Ma reported 2,347 shares. Quantitative Systematic Strategies Ltd reported 0.11% stake. Reilly Fincl Limited Liability Corporation holds 67 shares or 0% of its portfolio. Ubs Asset Management Americas has invested 0% in Burlington Stores Inc (NYSE:BURL). The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. As of January 28, 2017, the Company operated 592 retail stores, inclusive of an Internet store, in 45 states and Puerto Rico. Its product categories include coats, women, men, juniors, girls, boys, shoes, handbags and accessories, beauty and fragrance, home and toys. During the same quarter last year, the firm posted $0.51 earnings per share. analysts anticipate that Burlington Stores will post 4.24 EPS for the current fiscal year. BURL's profit will be $45.52M for 38.94 P/E if the $0.66 EPS becomes a reality. Teacher Retirement System of Texas boosted its stake in shares of Burlington Stores by 0.7% during the 2nd quarter.

Since May 30, 2017, it had 0 insider purchases, and 5 sales for $6.67 million activity. About 1,931 shares traded or 81.31% up from the average. Shares for $2.14 million were sold by Crimmins John. Katz Marc sold 10,000 shares worth $967,996.

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