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III Capital Management Buys Burlington Stores Shares as EPS Beats Estimates

Burlington Stores logoBurlington Stores
Sig1.65Sen+2.35Env0.00Soc0.00Gov0.00

III Capital Management initiated a new position in Burlington Stores by buying 10,930 shares for about $3.46M. Other investors also increased holdings, including Geode and Swiss National Bank. Burlington Stores reported quarterly EPS of $2.01, beating the $1.80 consensus, and multiple analysts reiterated buy ratings while adjusting price targets.

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